Zyxel Group (TPE:3704) OCF Margin %: 16.81% (As of Dec. 2025) — 671% Above Median


TPE:3704 Zyxel Group Corp TPE:3704
75 GF Score
Price NT$43.00
GF Value NT$36.76
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Zyxel Group OCF Margin %?

Zyxel Group TPE:3704 -9.85% 75 OCF Margin % is 16.81% as of Dec. 2025, which is 671% above its 10-year median of 2.18. GuruFocus rates TPE:3704 with a GF Score™ of 75/100 and a GF Value™ of NT$36.76 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 2,472 Hardware companies, Zyxel Group ranks worse than 65.33% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Zyxel Group's Cash Flow from Operations for the three months ended in Dec. 2025 was NT$951 Mil. Zyxel Group's Revenue for the three months ended in Dec. 2025 was NT$5,656 Mil. Therefore, Zyxel Group's OCF Margin % for the quarter that ended in Dec. 2025 was 16.81%.

As of today, Zyxel Group's current OCF Yield % is 1.72%.

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

TPE:3704' s OCF Margin % Range Over the Past 10 Years
Min: -10.52   Med: 2.18   Max: 11.97
Current: 1.33


During the past 13 years, the highest OCF Margin % of Zyxel Group was 11.97%. The lowest was -10.52%. And the median was 2.18%.

TPE:3704's OCF Margin % is ranked worse than
65.33% of 2472 companies
in the Hardware industry
Industry Median: 5.27 vs TPE:3704: 1.33


Zyxel Group OCF Margin % Related Terms


Zyxel Group OCF Margin % Historical Data

* Premium members only.

The historical data trend for Zyxel Group'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.

Zyxel Group OCF Margin % Chart

Zyxel Group 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 0.80 1.54 11.97 -5.33 1.33

Zyxel Group Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 3.41 -13.30 18.98 -13.29 16.81

TPE:3704 vs CSCO, CIEN, MSI: OCF Margin % Comparison

For the Communication Equipment subindustry, Zyxel Group'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.


Zyxel Group OCF Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Zyxel Group's OCF Margin % distribution charts can be found below:

* The bar in red indicates where Zyxel Group's OCF Margin % falls into.


TPE:3704
75GF Score
Zyxel Group Corp TPE:3704
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zyxel Group OCF Margin % Calculation

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

Zyxel Group'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 )
=336.14/25295.196
=1.33 %

Zyxel Group's OCF Margin for the quarter that ended in Dec. 2025 is calculated as

OCF Margin=Cash Flow from Operations (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=950.874/5655.909
=16.81 %

* 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 16.81% mean?
Zyxel Group (TPE:3704) has a OCF Margin % of 16.81% as of Dec. 2025. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Zyxel Group and its competitors. This is 671% above median its historical median of 2.18. According to the industry distribution chart, Zyxel Group ranks #1615 out of 2472 companies in the Hardware industry, placing it in the top 65.3%.
Is Zyxel Group's OCF Margin % too high?
Zyxel Group's current OCF Margin % of 16.81% is 671% above median its 10-year median of 2.18. The Hardware industry median OCF Margin % is 5.27. Zyxel Group's value of 16.81% is 219% above this industry median. Based on the distribution chart, Zyxel Group ranks #1615 out of 2472 companies in the Hardware industry, which is below the industry midpoint. Overall, Zyxel Group has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zyxel Group's OCF Margin % compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Zyxel Group ranks #1615 out of 2472 companies for OCF Margin %. This places Zyxel Group in the lower half of its industry. The industry median OCF Margin % is 5.27. Zyxel Group's value of 16.81% is 219% above this benchmark. While the company's 10-year median is 2.18 vs. the industry median of 5.27, Zyxel Group 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 Hardware company?
The median OCF Margin % among Hardware companies is 5.27, based on 2,472 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. Zyxel Group's current OCF Margin % of 16.81% is 219% 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 Zyxel Group and its competitors. For the Hardware industry, the median OCF Margin % is 5.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zyxel Group's current OCF Margin % is 16.81%, which is 671% above median its own 10-year median of 2.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zyxel Group stock overvalued right now?
Based on GuruFocus' analysis, Zyxel Group (TPE:3704) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$36.76, compared to a current price of NT$43.00 — trading 17% above its estimated fair value. The current OCF Margin % is 16.81%, which is 671% above median its 10-year median of 2.18 and 219% above the Hardware industry median of 5.27. Zyxel Group's overall GF Score™ is 75/100 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 Zyxel Group (TPE:3704), the current OCF Margin % is 16.81% 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 Zyxel Group (TPE:3704) Overvalued in 2026?

Based on GuruFocus' analysis, Zyxel Group stock appears to be overvalued. The current stock price of NT$43.00 is trading 17% above its estimated GF Value™ of NT$36.76. GuruFocus considers Zyxel Group to be Modestly Overvalued.

Key valuation signals for TPE:3704:

  • OCF Margin %: 16.81% (671% above median its 10-year median of 2.18)
  • GF Value™: NT$36.76 vs. price of NT$43.00 (17% above fair value)
  • GF Score™: 75/100 with 6 warning signs
  • Industry Position: 219% above the Hardware median (#1615 of 2472)

No single metric tells the full story. See the TPE:3704 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zyxel Group Business Description

Address Gongdao 5th Road, 3rd Floor, No. 363, Section 2, East District, Hsinchu, TWN
Zyxel Group Corp is a Taiwan-based company that offers communications and networking products. It produces wifi systems, wireless extenders, home routers, cloud access cameras, switches, power and adapters, personal cloud storage, and security appliances and services. Geographically, it covers the United States, France, and other countries. It has four reportable segments: brand business segment, channel business segment, product business segment, and investment segment.
75GF Score

Get the complete analysis for TPE:3704

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

NT$43.00
Price
NT$36.76
GF Value