Carl Zeiss Meditec AG (MEX:AFXN) OCF Margin %: 3.58% (As of Dec. 2025) — 70% Below Median


MEX:AFXN Carl Zeiss Meditec AG MEX:AFXN
68 GF Score
Price MXN3,258.20
GF Value MXN8,900.18
! 4 Warning Signs
View Full Analysis

What is Carl Zeiss Meditec AG OCF Margin %?

Carl Zeiss Meditec AG MEX:AFXN 68 OCF Margin % is 3.58% as of Dec. 2025, which is 70% below its 10-year median of 11.99. GuruFocus rates MEX:AFXN with a GF Score™ of 68/100 and a GF Value™ of MXN8,900.18. The stock has 4 warning signs investors should review. Among 815 Medical Devices & Instruments companies, Carl Zeiss Meditec AG ranks better than 60.86% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Carl Zeiss Meditec AG's Cash Flow from Operations for the three months ended in Dec. 2025 was MXN352 Mil. Carl Zeiss Meditec AG's Revenue for the three months ended in Dec. 2025 was MXN9,846 Mil. Therefore, Carl Zeiss Meditec AG's OCF Margin % for the quarter that ended in Dec. 2025 was 3.58%.

As of today, Carl Zeiss Meditec AG's current OCF Yield % is 10.72%.

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

MEX:AFXN' s OCF Margin % Range Over the Past 10 Years
Min: 3.17   Med: 11.99   Max: 22.02
Current: 11.5


During the past 13 years, the highest OCF Margin % of Carl Zeiss Meditec AG was 22.02%. The lowest was 3.17%. And the median was 11.99%.

MEX:AFXN's OCF Margin % is ranked better than
60.86% of 815 companies
in the Medical Devices & Instruments industry
Industry Median: 5.86 vs MEX:AFXN: 11.50


Carl Zeiss Meditec AG OCF Margin % Related Terms


Carl Zeiss Meditec AG OCF Margin % Historical Data

* Premium members only.

The historical data trend for Carl Zeiss Meditec AG'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.

Carl Zeiss Meditec AG OCF Margin % Chart

Carl Zeiss Meditec AG Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.02 9.89 12.01 11.97 9.42

Carl Zeiss Meditec AG Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 -5.36 6.22 10.41 22.97 3.58

MEX:AFXN vs ISRG, BDX, MDLN: OCF Margin % Comparison

For the Medical Instruments & Supplies subindustry, Carl Zeiss Meditec AG'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.


Carl Zeiss Meditec AG OCF Margin % vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Carl Zeiss Meditec AG's OCF Margin % distribution charts can be found below:

* The bar in red indicates where Carl Zeiss Meditec AG's OCF Margin % falls into.


MEX:AFXN
68GF Score
Carl Zeiss Meditec AG MEX:AFXN
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Carl Zeiss Meditec AG OCF Margin % Calculation

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

Carl Zeiss Meditec AG's OCF Margin for the fiscal year that ended in Sep. 2025 is calculated as

OCF Margin=Cash Flow from Operations (A: Sep. 2025 )/Revenue (A: Sep. 2025 )
=4518.4/47962.87
=9.42 %

Carl Zeiss Meditec AG's OCF Margin for the quarter that ended in Dec. 2025 is calculated as

OCF Margin=Cash Flow from Operations (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=352.102/9846.208
=3.58 %

* 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 3.58% mean?
Carl Zeiss Meditec AG (MEX:AFXN) has a OCF Margin % of 3.58% as of Dec. 2025. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Carl Zeiss Meditec AG and its competitors. This is 70% below median its historical median of 11.99. Over the past decade, Carl Zeiss Meditec AG's OCF Margin % has ranged from 3.17 to 22.02. According to the industry distribution chart, Carl Zeiss Meditec AG ranks #319 out of 815 companies in the Medical Devices & Instruments industry, placing it in the top 39.1%.
Is Carl Zeiss Meditec AG's OCF Margin % too high?
Carl Zeiss Meditec AG's current OCF Margin % of 3.58% is 70% below median its 10-year median of 11.99. Over the past 10 years, this metric has ranged from a low of 3.17 to a high of 22.02. The Medical Devices & Instruments industry median OCF Margin % is 5.86. Carl Zeiss Meditec AG's value of 3.58% is 38.9% below this industry median. Based on the distribution chart, Carl Zeiss Meditec AG ranks #319 out of 815 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Carl Zeiss Meditec AG has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Carl Zeiss Meditec AG's OCF Margin % compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Carl Zeiss Meditec AG ranks #319 out of 815 companies for OCF Margin %. This puts Carl Zeiss Meditec AG in the upper half of its industry. The industry median OCF Margin % is 5.86. Carl Zeiss Meditec AG's value of 3.58% is 38.9% below this benchmark. Historically, Carl Zeiss Meditec AG's own OCF Margin % has ranged from 3.17 to 22.02 over the past decade. While the company's 10-year median is 11.99 vs. the industry median of 5.86, Carl Zeiss Meditec AG 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 Medical Devices & Instruments company?
The median OCF Margin % among Medical Devices & Instruments companies is 5.86, based on 815 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. Carl Zeiss Meditec AG's current OCF Margin % of 3.58% is 38.9% 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 Carl Zeiss Meditec AG and its competitors. For the Medical Devices & Instruments industry, the median OCF Margin % is 5.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carl Zeiss Meditec AG's current OCF Margin % is 3.58%, which is 70% below median its own 10-year median of 11.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carl Zeiss Meditec AG stock overvalued right now?
Carl Zeiss Meditec AG (MEX:AFXN) has a current OCF Margin % of 3.58%. The stock's GF Value™ is MXN8,900.18, compared to a current price of MXN3,258.20 — trading 63.4% below its estimated fair value. The current OCF Margin % is 3.58%, which is 70% below median its 10-year median of 11.99 and 38.9% below the Medical Devices & Instruments industry median of 5.86. Carl Zeiss Meditec AG's overall GF Score™ is 68/100 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 Carl Zeiss Meditec AG (MEX:AFXN), the current OCF Margin % is 3.58% as of Dec. 2025. 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 Carl Zeiss Meditec AG (MEX:AFXN) Overvalued in 2026?

Based on GuruFocus' analysis, Carl Zeiss Meditec AG stock appears to be undervalued. The current stock price of MXN3,258.20 is trading 63.4% below its estimated GF Value™ of MXN8,900.18.

Key valuation signals for MEX:AFXN:

  • OCF Margin %: 3.58% (70% below median its 10-year median of 11.99)
  • GF Value™: MXN8,900.18 vs. price of MXN3,258.20 (63.4% below fair value)
  • GF Score™: 68/100 with 4 warning signs
  • Industry Position: 38.9% below the Medical Devices & Instruments median (#319 of 815)

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


Carl Zeiss Meditec AG Business Description

Address Goschwitzer Strasse 51-52, Jena, TH, DEU, 07745
Carl Zeiss Meditec is one of the largest visioncare technology companies in the world, and it operates in two segments: ophthalmic devices and microsurgery. OPT, which made up about 75% of sales in 2025, includes refractive lasers, surgical ophthalmic devices, equipment for ophthalmic diagnostics, as well as a portfolio of intraocular lenses and disposable medical instruments. With a low-teens share of the market, Zeiss is the second-largest player in the space. MCS is composed of implants, surgical instruments, and visualization devices used during neurosurgery, spine surgery, and otolaryngology surgery. With over 60% market share, Zeiss is the clear leader in the microsurgery space.
68GF Score

Get the complete analysis for MEX:AFXN

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

MXN3,258.20
Price
MXN8,900.18
GF Value