Terna SpA (STU:UEI) OCF Margin %: 51.61% (As of Mar. 2026) — Near Median


STU:UEI Terna SpA STU:UEI
86 GF Score
Price €10.18
GF Value €9.95
Valuation Fairly Valued
! 3 Warning Signs
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What is Terna SpA OCF Margin %?

Terna SpA STU:UEI +0.59% 86 OCF Margin % is 51.61% as of Mar. 2026, which is 9% below its 10-year median of 56.44. GuruFocus rates STU:UEI with a GF Score™ of 86/100 and a GF Value™ of €9.95 (Fairly Valued). The stock has 3 warning signs investors should review. Among 499 Utilities - Regulated companies, Terna SpA ranks better than 95.79% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Terna SpA's Cash Flow from Operations for the three months ended in Mar. 2026 was €510 Mil. Terna SpA's Revenue for the three months ended in Mar. 2026 was €989 Mil. Therefore, Terna SpA's OCF Margin % for the quarter that ended in Mar. 2026 was 51.61%.

As of today, Terna SpA's current OCF Yield % is 12.18%.

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

STU:UEI' s OCF Margin % Range Over the Past 10 Years
Min: 32.53   Med: 56.44   Max: 79.63
Current: 62.27


During the past 13 years, the highest OCF Margin % of Terna SpA was 79.63%. The lowest was 32.53%. And the median was 56.44%.

STU:UEI's OCF Margin % is ranked better than
95.79% of 499 companies
in the Utilities - Regulated industry
Industry Median: 18.61 vs STU:UEI: 62.27


Terna SpA OCF Margin % Related Terms


Terna SpA OCF Margin % Historical Data

* Premium members only.

The historical data trend for Terna SpA'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.

Terna SpA OCF Margin % Chart

Terna SpA 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 32.53 79.63 34.47 40.42 65.66

Terna SpA 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 67.66 44.91 115.73 39.44 51.61

STU:UEI vs NEE, SO, DUK: OCF Margin % Comparison

For the Utilities - Regulated Electric subindustry, Terna SpA'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.


Terna SpA OCF Margin % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Terna SpA's OCF Margin % distribution charts can be found below:

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


STU:UEI
86GF Score
Terna SpA STU:UEI
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Terna SpA OCF Margin % Calculation

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

Terna SpA'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 )
=2627.7/4002
=65.66 %

Terna SpA'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 )
=510.3/988.7
=51.61 %

* 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 51.61% mean?
Terna SpA (STU:UEI) has a OCF Margin % of 51.61% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Terna SpA and its competitors. This is near median its historical median of 56.44. Over the past decade, Terna SpA's OCF Margin % has ranged from 32.53 to 79.63. According to the industry distribution chart, Terna SpA ranks #21 out of 499 companies in the Utilities - Regulated industry, placing it in the top 4.2%.
Is Terna SpA's OCF Margin % too high?
Terna SpA's current OCF Margin % of 51.61% is near median its 10-year median of 56.44. Over the past 10 years, this metric has ranged from a low of 32.53 to a high of 79.63. The Utilities - Regulated industry median OCF Margin % is 18.61. Terna SpA's value of 51.61% is 177.3% above this industry median. Based on the distribution chart, Terna SpA ranks #21 out of 499 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Terna SpA has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Terna SpA's OCF Margin % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Terna SpA ranks #21 out of 499 companies for OCF Margin %. This places Terna SpA in the top 4% of its industry — outperforming the majority of peers. The industry median OCF Margin % is 18.61. Terna SpA's value of 51.61% is 177.3% above this benchmark. Historically, Terna SpA's own OCF Margin % has ranged from 32.53 to 79.63 over the past decade. While the company's 10-year median is 56.44 vs. the industry median of 18.61, Terna SpA 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 an Utilities - Regulated company?
The median OCF Margin % among Utilities - Regulated companies is 18.61, based on 499 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. Terna SpA's current OCF Margin % of 51.61% is 177.3% 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 Terna SpA and its competitors. For the Utilities - Regulated industry, the median OCF Margin % is 18.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Terna SpA's current OCF Margin % is 51.61%, which is near median its own 10-year median of 56.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Terna SpA stock overvalued right now?
Based on GuruFocus' analysis, Terna SpA (STU:UEI) is currently considered Fairly Valued. The stock's GF Value™ is €9.95, compared to a current price of €10.18 — trading 2.3% above its estimated fair value. The current OCF Margin % is 51.61%, which is near median its 10-year median of 56.44 and 177.3% above the Utilities - Regulated industry median of 18.61. Terna SpA's overall GF Score™ is 86/100 with 3 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 Terna SpA (STU:UEI), the current OCF Margin % is 51.61% 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 Terna SpA (STU:UEI) Overvalued in 2026?

Based on GuruFocus' analysis, Terna SpA stock appears to be overvalued. The current stock price of €10.18 is trading 2.3% above its estimated GF Value™ of €9.95. GuruFocus considers Terna SpA to be Fairly Valued.

Key valuation signals for STU:UEI:

  • OCF Margin %: 51.61% (near median its 10-year median of 56.44)
  • GF Value™: €9.95 vs. price of €10.18 (2.3% above fair value)
  • GF Score™: 86/100 with 3 warning signs
  • Industry Position: 177.3% above the Utilities - Regulated median (#21 of 499)

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


Terna SpA Business Description

Address Viale Egidio Galbani 70, Rome, ITA, 00156
Terna SpA is an electricity transmission system operator that owns virtually all of the Italian National Transmission Grid. With a monopoly under an Italian government license, Terna transmits and dispatches electricity throughout the country. It is also responsible for the planning, construction, and maintenance of the nation's electrical grid. Terna segments its operations into its Regulated Activities, Non-Regulated Activities, and International Activities. The company generates the vast majority of its revenue from charging transmission fees as a part of its Regulated Activities. Under its Non-Regulated Activities, Terna mainly produces and sells electricity transformers. The company has also made efforts to expand its operations into Italy's neighboring countries and North Africa.
86GF Score

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

€10.18
Price
€9.95
GF Value