Naspers (JSE:NPN) OCF Margin %: 4.84% (As of Mar. 2026) — 1569% Above Median


JSE:NPN Naspers Ltd JSE:NPN
65 GF Score
Price R835.59
GF Value R1,461.81
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Naspers OCF Margin %?

Naspers JSE:NPN +1.82% 65 OCF Margin % is 4.84% as of Mar. 2026, which is 1569% above its 10-year median of 0.29. GuruFocus rates JSE:NPN with a GF Score™ of 65/100 and a GF Value™ of R1,461.81 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,122 Retail - Cyclical companies, Naspers ranks better than 81.11% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Naspers's Cash Flow from Operations for the six months ended in Mar. 2026 was R5,460 Mil. Naspers's Revenue for the six months ended in Mar. 2026 was R112,740 Mil. Therefore, Naspers's OCF Margin % for the quarter that ended in Mar. 2026 was 4.84%.

As of today, Naspers's current OCF Yield % is 4.46%.

The historical rank and industry rank for Naspers's OCF Margin % or its related term are showing as below:

JSE:NPN' s OCF Margin % Range Over the Past 10 Years
Min: -11.15   Med: 0.29   Max: 26.53
Current: 15.25


During the past 13 years, the highest OCF Margin % of Naspers was 26.53%. The lowest was -11.15%. And the median was 0.29%.

JSE:NPN's OCF Margin % is ranked better than
81.11% of 1122 companies
in the Retail - Cyclical industry
Industry Median: 5.51 vs JSE:NPN: 15.25


Naspers OCF Margin % Related Terms


Naspers OCF Margin % Historical Data

* Premium members only.

The historical data trend for Naspers's OCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Naspers OCF Margin % Chart

Naspers Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.15 -2.97 16.08 26.53 15.00

Naspers Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
OCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.56 36.28 17.55 31.60 4.84

JSE:NPN vs AMZN, BABA, PDD: OCF Margin % Comparison

For the Internet Retail subindustry, Naspers's OCF Margin %, along with its competitors' market caps and OCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Naspers OCF Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Naspers's OCF Margin % distribution charts can be found below:

* The bar in red indicates where Naspers's OCF Margin % falls into.


JSE:NPN
65GF Score
Naspers Ltd JSE:NPN
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Naspers OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

Naspers's OCF Margin for the fiscal year that ended in Mar. 2026 is calculated as

OCF Margin=Cash Flow from Operations (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=27251.274/181697.491
=15.00 %

Naspers's OCF Margin for the quarter that ended in Mar. 2026 is calculated as

OCF Margin=Cash Flow from Operations (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=5460.304/112740.211
=4.84 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about OCF Margin % →
What does a OCF Margin % of 4.84% mean?
Naspers (JSE:NPN) has a OCF Margin % of 4.84% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Naspers and its competitors. This is 1569% above median its historical median of 0.29. According to the industry distribution chart, Naspers ranks #212 out of 1122 companies in the Retail - Cyclical industry, placing it in the top 18.9%.
Is Naspers' OCF Margin % too high?
Naspers' current OCF Margin % of 4.84% is 1569% above median its 10-year median of 0.29. The Retail - Cyclical industry median OCF Margin % is 5.51. Naspers' value of 4.84% is 12.2% below this industry median. Based on the distribution chart, Naspers ranks #212 out of 1122 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Naspers has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Naspers' OCF Margin % compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Naspers ranks #212 out of 1122 companies for OCF Margin %. This places Naspers in the top 19% of its industry — outperforming the majority of peers. The industry median OCF Margin % is 5.51. Naspers' value of 4.84% is 12.2% below this benchmark. While the company's 10-year median is 0.29 vs. the industry median of 5.51, Naspers has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good OCF Margin % for a Retail - Cyclical company?
The median OCF Margin % among Retail - Cyclical companies is 5.51, based on 1,122 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Naspers's current OCF Margin % of 4.84% is 12.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Naspers and its competitors. For the Retail - Cyclical industry, the median OCF Margin % is 5.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Naspers's current OCF Margin % is 4.84%, which is 1569% above median its own 10-year median of 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Naspers stock overvalued right now?
Based on GuruFocus' analysis, Naspers (JSE:NPN) is currently considered Significantly Undervalued. The stock's GF Value™ is R1,461.81, compared to a current price of R835.59 — trading 42.8% below its estimated fair value. The current OCF Margin % is 4.84%, which is 1569% above median its 10-year median of 0.29 and 12.2% below the Retail - Cyclical industry median of 5.51. Naspers' overall GF Score™ is 65/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Naspers (JSE:NPN), the current OCF Margin % is 4.84% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Naspers (JSE:NPN) Overvalued in 2026?

Based on GuruFocus' analysis, Naspers stock appears to be undervalued. The current stock price of R835.59 is trading 42.8% below its estimated GF Value™ of R1,461.81. GuruFocus considers Naspers to be Significantly Undervalued.

Key valuation signals for JSE:NPN:

  • OCF Margin %: 4.84% (1569% above median its 10-year median of 0.29)
  • GF Value™: R1,461.81 vs. price of R835.59 (42.8% below fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 12.2% below the Retail - Cyclical median (#212 of 1122)

No single metric tells the full story. See the JSE:NPN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Naspers Business Description

Address 40 Heerengracht, Cape Town, WC, ZAF, 8001
Naspers Ltd is an Internet and entertainment group and technology investor in the world. Operating in more than 120 countries and markets with long-term growth potential, Naspers builds companies that empower people and enrich communities. It runs some of the platforms in the internet, video entertainment, and media. Naspers operates in various sectors including online classifieds, food delivery, payments, travel, education, health, and social and internet platforms. People use products and services of companies that Naspers has invested in, acquired, or built, including Azos, PharmEasy, ElasticRun, Alwans, and Vegrow among others. Geographically, the company derives maximum revenue from Europe and the rest from Asia, Africa, Latin America, North America, and other regions.
65GF Score

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OCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R835.59
Price
R1,461.81
GF Value