ASJNGO:2351 51 OCF Margin % is 16.47% as of Mar. 2026, which is 63% above its 10-year median of 10.13. GuruFocus rates NGO:2351 with a GF Score™ of 51/100 and a GF Value™ of 円375.75 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,812 Software companies, ASJ ranks better than 75% on this metric.
OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. ASJ's Cash Flow from Operations for the
six
months ended in Mar. 2026 was 円235 Mil. ASJ's Revenue for the
six
months ended in Mar. 2026 was 円1,429 Mil. Therefore, ASJ's OCF Margin % for the quarter that ended in Mar. 2026 was 16.47%.
The historical rank and industry rank for ASJ's OCF Margin % or its related term are showing as below:
NGO:2351'
s OCF Margin % Range Over the Past 10 Years
Min: 2.68 Med: 10.13 Max: 18.19
Current: 18.19
During the past 13 years, the highest OCF Margin % of ASJ was 18.19%. The lowest was 2.68%. And the median was 10.13%.
NGO:2351's OCF Margin % is ranked better than 75% of 2812
companies
in the Software industry
Industry Median: 6.915
vs NGO:2351: 18.19
ASJ OCF Margin % Related Terms
ASJ OCF Margin % Historical Data
* Premium members only.
The historical data trend for ASJ'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.
NGO:2351 vs MSFT, ORCL, PLTR: OCF Margin % Comparison
For the Software - Infrastructure subindustry, ASJ'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.
ASJ OCF Margin % vs Software Industry
For the Software industry and Technology sector, ASJ's OCF Margin % distribution charts can be found below:
* The bar in red indicates where ASJ's OCF Margin % falls into.
* 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.
ASJ (NGO:2351) has a OCF Margin % of 16.47% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on ASJ and its competitors. This is 63% above median its historical median of 10.13. Over the past decade, ASJ's OCF Margin % has ranged from 2.68 to 18.19. According to the industry distribution chart, ASJ ranks #703 out of 2812 companies in the Software industry, placing it in the top 25%.
Is ASJ's OCF Margin % too high?
ASJ's current OCF Margin % of 16.47% is 63% above median its 10-year median of 10.13. Over the past 10 years, this metric has ranged from a low of 2.68 to a high of 18.19. The Software industry median OCF Margin % is 6.92. ASJ's value of 16.47% is 138.2% above this industry median. Based on the distribution chart, ASJ ranks #703 out of 2812 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, ASJ has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ASJ's OCF Margin % compare to MSFT and ORCL?
According to the Software industry distribution chart, ASJ ranks #703 out of 2812 companies for OCF Margin %. This places ASJ in the top 25% of its industry — outperforming the majority of peers. The industry median OCF Margin % is 6.92. ASJ's value of 16.47% is 138.2% above this benchmark. Historically, ASJ's own OCF Margin % has ranged from 2.68 to 18.19 over the past decade. While the company's 10-year median is 10.13 vs. the industry median of 6.92, ASJ 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 Software company?
The median OCF Margin % among Software companies is 6.92, based on 2,812 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. ASJ's current OCF Margin % of 16.47% is 138.2% 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 ASJ and its competitors. For the Software industry, the median OCF Margin % is 6.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASJ's current OCF Margin % is 16.47%, which is 63% above median its own 10-year median of 10.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASJ stock overvalued right now?
Based on GuruFocus' analysis, ASJ (NGO:2351) is currently considered Modestly Undervalued. The stock's GF Value™ is 円375.75, compared to a current price of 円307.00 — trading 18.3% below its estimated fair value. The current OCF Margin % is 16.47%, which is 63% above median its 10-year median of 10.13 and 138.2% above the Software industry median of 6.92. ASJ's overall GF Score™ is 51/100 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 ASJ (NGO:2351), the current OCF Margin % is 16.47% 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 ASJ (NGO:2351) Overvalued in 2026?
Based on GuruFocus' analysis, ASJ stock appears to be undervalued.
The current stock price of 円307.00 is trading 18.3% below its estimated GF Value™ of 円375.75.
GuruFocus considers ASJ to be Modestly Undervalued.
Key valuation signals for NGO:2351:
OCF Margin %: 16.47% (63% above median its 10-year median of 10.13)
GF Value™: 円375.75 vs. price of 円307.00 (18.3% below fair value)
Industry Position: 138.2% above the Software median (#703 of 2812)
No single metric tells the full story. See the NGO:2351 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ASJ Inc is a core services provider company. It is engaged in Internet-related services such as hosting service and provision of groupware and domain service. Its business activities include cloud services, payment service, consulting on the Internet and development of computer software and smartphone applications.
51GF Score
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