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Happy SteelsNSE:HAPPY -1.17%19 OCF Margin % is 11.69% as of Mar. 2026, which is 260% above its 10-year median of 3.25. GuruFocus rates NSE:HAPPY with a GF Score™ of 19/100. The stock has 1 warning sign investors should review. Among 1,330 Vehicles & Parts companies, Happy Steels ranks worse than 56.32% on this metric.
The historical data trend for Happy Steels'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.
Happy Steels OCF Margin % Chart
Happy Steels Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
OCF Margin %
0.35
-4.53
12.39
6.14
Happy Steels Semi-Annual Data
Mar23
Mar24
Mar25
Sep25
Mar26
OCF Margin %
0.00
0.00
0.00
0.39
11.69
NSE:HAPPY vs ORLY, AZO, GPC: OCF Margin % Comparison
For the Auto Parts subindustry, Happy Steels'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.
Happy Steels OCF Margin % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Happy Steels's OCF Margin % distribution charts can be found below:
* The bar in red indicates where Happy Steels'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.
Happy Steels (NSE:HAPPY) has a OCF Margin % of 11.69% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Happy Steels and its competitors. This is 260% above median its historical median of 3.25. According to the industry distribution chart, Happy Steels ranks #749 out of 1330 companies in the Vehicles & Parts industry, placing it in the top 56.3%.
Is Happy Steels' OCF Margin % too high?
Happy Steels' current OCF Margin % of 11.69% is 260% above median its 10-year median of 3.25. The Vehicles & Parts industry median OCF Margin % is 7.35. Happy Steels' value of 11.69% is 59.2% above this industry median. Based on the distribution chart, Happy Steels ranks #749 out of 1330 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Happy Steels has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Happy Steels' OCF Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Happy Steels ranks #749 out of 1330 companies for OCF Margin %. This places Happy Steels in the lower half of its industry. The industry median OCF Margin % is 7.35. Happy Steels' value of 11.69% is 59.2% above this benchmark. While the company's 10-year median is 3.25 vs. the industry median of 7.35, Happy Steels 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 Vehicles & Parts company?
The median OCF Margin % among Vehicles & Parts companies is 7.35, based on 1,330 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. Happy Steels's current OCF Margin % of 11.69% is 59.2% 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 Happy Steels and its competitors. For the Vehicles & Parts industry, the median OCF Margin % is 7.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Happy Steels's current OCF Margin % is 11.69%, which is 260% above median its own 10-year median of 3.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Happy Steels stock overvalued right now?
Happy Steels (NSE:HAPPY) has a current OCF Margin % of 11.69%. The current OCF Margin % is 11.69%, which is 260% above median its 10-year median of 3.25 and 59.2% above the Vehicles & Parts industry median of 7.35. Happy Steels' overall GF Score™ is 19/100 with 1 warning sign 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 Happy Steels (NSE:HAPPY), the current OCF Margin % is 11.69% 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.
Happy Steels Ltd is an integrated manufacturer of Forged and Machined Transmission and Driveline components for On-highway vehicles, Off-highway vehicles, EVs, and defence applications. The company's product portfolio consists of axles, long spline shafts, spindles, and other related components. The majority of the company's revenue is derived from the sale of its products, mainly Axles, in the domestic markets.
19GF Score
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