TOP ShipsTOPS +1.57%49 OCF Margin % is 19.69% as of Dec. 2025, which is 24% below its 10-year median of 26.04. GuruFocus rates TOPS with a GF Score™ of 49/100 and a GF Value™ of $4.24 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 905 Oil & Gas companies, TOP Ships ranks better than 72.27% on this metric.
The historical rank and industry rank for TOP Ships's OCF Margin % or its related term are showing as below:
TOPS'
s OCF Margin % Range Over the Past 10 Years
Min: 1.74 Med: 26.04 Max: 41.43
Current: 32.87
During the past 13 years, the highest OCF Margin % of TOP Ships was 41.43%. The lowest was 1.74%. And the median was 26.04%.
TOPS's OCF Margin % is ranked better than 72.27% of 905
companies
in the Oil & Gas industry
Industry Median: 13.96
vs TOPS: 32.87
TOP Ships OCF Margin % Related Terms
TOP Ships OCF Margin % Historical Data
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The historical data trend for TOP Ships'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.
TOPS vs RBNE, CWPE, MARPS: OCF Margin % Comparison
For the Oil & Gas Midstream subindustry, TOP Ships'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.
TOP Ships OCF Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, TOP Ships's OCF Margin % distribution charts can be found below:
* The bar in red indicates where TOP Ships'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.
TOP Ships (TOPS) has a OCF Margin % of 19.69% as of Dec. 2025. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on TOP Ships and its competitors. This is 24% below median its historical median of 26.04. Over the past decade, TOP Ships' OCF Margin % has ranged from 1.74 to 41.43. According to the industry distribution chart, TOP Ships ranks #251 out of 905 companies in the Oil & Gas industry, placing it in the top 27.7%.
Is TOP Ships' OCF Margin % too high?
TOP Ships' current OCF Margin % of 19.69% is 24% below median its 10-year median of 26.04. Over the past 10 years, this metric has ranged from a low of 1.74 to a high of 41.43. The Oil & Gas industry median OCF Margin % is 13.96. TOP Ships' value of 19.69% is 41% above this industry median. Based on the distribution chart, TOP Ships ranks #251 out of 905 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, TOP Ships has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TOP Ships' OCF Margin % compare to RBNE and CWPE?
According to the Oil & Gas industry distribution chart, TOP Ships ranks #251 out of 905 companies for OCF Margin %. This puts TOP Ships in the upper half of its industry. The industry median OCF Margin % is 13.96. TOP Ships' value of 19.69% is 41% above this benchmark. Historically, TOP Ships' own OCF Margin % has ranged from 1.74 to 41.43 over the past decade. While the company's 10-year median is 26.04 vs. the industry median of 13.96, TOP Ships 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 Oil & Gas company?
The median OCF Margin % among Oil & Gas companies is 13.96, based on 905 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. TOP Ships's current OCF Margin % of 19.69% is 41% 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 TOP Ships and its competitors. For the Oil & Gas industry, the median OCF Margin % is 13.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOP Ships's current OCF Margin % is 19.69%, which is 24% below median its own 10-year median of 26.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOP Ships stock overvalued right now?
Based on GuruFocus' analysis, TOP Ships (TOPS) is currently considered Possible Value Trap. The stock's GF Value™ is $4.24, compared to a current price of $0.91 — trading 78.7% below its estimated fair value. The current OCF Margin % is 19.69%, which is 24% below median its 10-year median of 26.04 and 41% above the Oil & Gas industry median of 13.96. TOP Ships' overall GF Score™ is 49/100 with 6 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 TOP Ships (TOPS), the current OCF Margin % is 19.69% 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 TOP Ships (TOPS) Overvalued in 2026?
Based on GuruFocus' analysis, TOP Ships stock appears to be undervalued.
The current stock price of $0.91 is trading 78.7% below its estimated GF Value™ of $4.24.
GuruFocus considers TOP Ships to be Possible Value Trap.
Key valuation signals for TOPS:
OCF Margin %: 19.69% (24% below median its 10-year median of 26.04)
GF Value™: $4.24 vs. price of $0.91 (78.7% below fair value)
Industry Position: 41% above the Oil & Gas median (#251 of 905)
No single metric tells the full story. See the TOPS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TOP Ships Inc owns tanker vessels throughout the world. The Company is an international owner and operator of modern, fuel-efficient eco-tanker vessels, focusing on the transportation of crude oil, petroleum products (both clean and dirty), and bulk liquid chemicals. It generates revenue from the Time Charter agreements. The company operates in two reportable segments: (i) the tanker segment and (ii) the megayacht segment.
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