Novo Nordisk AS (MEX:NOVOBN) OCF Margin %: 24.87% (As of Mar. 2026) — 38% Below Median


MEX:NOVOBN Novo Nordisk AS MEX:NOVOBN
79 GF Score
Price MXN810.00
GF Value MXN2,387.36
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Novo Nordisk AS OCF Margin %?

Novo Nordisk AS MEX:NOVOBN +3.85% 79 OCF Margin % is 24.87% as of Mar. 2026, which is 38% below its 10-year median of 40.41. GuruFocus rates MEX:NOVOBN with a GF Score™ of 79/100 and a GF Value™ of MXN2,387.36 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 959 Drug Manufacturers companies, Novo Nordisk AS ranks better than 95.93% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Novo Nordisk AS's Cash Flow from Operations for the three months ended in Mar. 2026 was MXN67,174 Mil. Novo Nordisk AS's Revenue for the three months ended in Mar. 2026 was MXN270,054 Mil. Therefore, Novo Nordisk AS's OCF Margin % for the quarter that ended in Mar. 2026 was 24.87%.

As of today, Novo Nordisk AS's current OCF Yield % is 8.69%.

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

MEX:NOVOBN' s OCF Margin % Range Over the Past 10 Years
Min: 36.86   Med: 40.41   Max: 46.89
Current: 36.53


During the past 13 years, the highest OCF Margin % of Novo Nordisk AS was 46.89%. The lowest was 36.86%. And the median was 40.41%.

MEX:NOVOBN's OCF Margin % is ranked better than
95.93% of 959 companies
in the Drug Manufacturers industry
Industry Median: 9.95 vs MEX:NOVOBN: 36.53


Novo Nordisk AS OCF Margin % Related Terms


Novo Nordisk AS OCF Margin % Historical Data

* Premium members only.

The historical data trend for Novo Nordisk AS'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.

Novo Nordisk AS OCF Margin % Chart

Novo Nordisk AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.06 44.58 46.89 41.66 38.54

Novo Nordisk AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 31.67 52.89 61.50 9.63 24.87

MEX:NOVOBN vs LLY, JNJ, ABBV: OCF Margin % Comparison

For the Drug Manufacturers - General subindustry, Novo Nordisk AS'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.


Novo Nordisk AS OCF Margin % vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Novo Nordisk AS's OCF Margin % distribution charts can be found below:

* The bar in red indicates where Novo Nordisk AS's OCF Margin % falls into.


MEX:NOVOBN
79GF Score
Novo Nordisk AS MEX:NOVOBN
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Novo Nordisk AS OCF Margin % Calculation

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

Novo Nordisk AS's OCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

OCF Margin=Cash Flow from Operations (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=336215.176/872462.32
=38.54 %

Novo Nordisk AS'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 )
=67173.92/270053.998
=24.87 %

* 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 24.87% mean?
Novo Nordisk AS (MEX:NOVOBN) has a OCF Margin % of 24.87% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Novo Nordisk AS and its competitors. This is 38% below median its historical median of 40.41. Over the past decade, Novo Nordisk AS's OCF Margin % has ranged from 36.86 to 46.89. According to the industry distribution chart, Novo Nordisk AS ranks #39 out of 959 companies in the Drug Manufacturers industry, placing it in the top 4.1%.
Is Novo Nordisk AS's OCF Margin % too high?
Novo Nordisk AS's current OCF Margin % of 24.87% is 38% below median its 10-year median of 40.41. Over the past 10 years, this metric has ranged from a low of 36.86 to a high of 46.89. The Drug Manufacturers industry median OCF Margin % is 9.95. Novo Nordisk AS's value of 24.87% is 149.9% above this industry median. Based on the distribution chart, Novo Nordisk AS ranks #39 out of 959 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, Novo Nordisk AS has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Novo Nordisk AS's OCF Margin % compare to LLY and JNJ?
According to the Drug Manufacturers industry distribution chart, Novo Nordisk AS ranks #39 out of 959 companies for OCF Margin %. This places Novo Nordisk AS in the top 4% of its industry — outperforming the majority of peers. The industry median OCF Margin % is 9.95. Novo Nordisk AS's value of 24.87% is 149.9% above this benchmark. Historically, Novo Nordisk AS's own OCF Margin % has ranged from 36.86 to 46.89 over the past decade. While the company's 10-year median is 40.41 vs. the industry median of 9.95, Novo Nordisk AS has consistently been above 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 Drug Manufacturers company?
The median OCF Margin % among Drug Manufacturers companies is 9.95, based on 959 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. Novo Nordisk AS's current OCF Margin % of 24.87% is 149.9% above 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 Novo Nordisk AS and its competitors. For the Drug Manufacturers industry, the median OCF Margin % is 9.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Novo Nordisk AS's current OCF Margin % is 24.87%, which is 38% below median its own 10-year median of 40.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novo Nordisk AS stock overvalued right now?
Based on GuruFocus' analysis, Novo Nordisk AS (MEX:NOVOBN) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN2,387.36, compared to a current price of MXN810.00 — trading 66.1% below its estimated fair value. The current OCF Margin % is 24.87%, which is 38% below median its 10-year median of 40.41 and 149.9% above the Drug Manufacturers industry median of 9.95. Novo Nordisk AS's overall GF Score™ is 79/100 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 Novo Nordisk AS (MEX:NOVOBN), the current OCF Margin % is 24.87% 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 Novo Nordisk AS (MEX:NOVOBN) Overvalued in 2026?

Based on GuruFocus' analysis, Novo Nordisk AS stock appears to be undervalued. The current stock price of MXN810.00 is trading 66.1% below its estimated GF Value™ of MXN2,387.36. GuruFocus considers Novo Nordisk AS to be Significantly Undervalued.

Key valuation signals for MEX:NOVOBN:

  • OCF Margin %: 24.87% (38% below median its 10-year median of 40.41)
  • GF Value™: MXN2,387.36 vs. price of MXN810.00 (66.1% below fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 149.9% above the Drug Manufacturers median (#39 of 959)

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


Novo Nordisk AS Business Description

Address Novo Alle 1, Bagsvaerd, DNK, 2880
With roughly one-third of the global branded diabetes treatment market, Novo Nordisk is the leading provider of diabetes care products in the world. Based in Denmark, the company manufactures and markets a variety of human and modern insulins, injectable diabetes treatments such as GLP-1 therapy, oral antidiabetic agents, and obesity treatments. Novo also has a biopharmaceutical segment (contributing less than 10% of revenue) that specializes in protein therapies for hemophilia and other disorders.
79GF Score

Get the complete analysis for MEX:NOVOBN

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

MXN810.00
Price
MXN2,387.36
GF Value