MERFTSE:3168 -3.46%52 OCF Margin % is -3.46% as of Feb. 2026. GuruFocus rates TSE:3168 with a GF Score™ of 52/100 and a GF Value™ of 円576.65 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 845 Metals & Mining companies, MERF ranks worse than 64.5% on this metric.
OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. MERF's Cash Flow from Operations for the
six
months ended in Feb. 2026 was 円-1,578 Mil. MERF's Revenue for the
six
months ended in Feb. 2026 was 円45,592 Mil. Therefore, MERF's OCF Margin % for the quarter that ended in Feb. 2026 was -3.46%.
The historical rank and industry rank for MERF's OCF Margin % or its related term are showing as below:
TSE:3168'
s OCF Margin % Range Over the Past 10 Years
Min: -6.29 Med: -0.42 Max: 3.51
Current: -2.28
During the past 13 years, the highest OCF Margin % of MERF was 3.51%. The lowest was -6.29%. And the median was -0.42%.
TSE:3168's OCF Margin % is ranked worse than 64.5% of 845
companies
in the Metals & Mining industry
Industry Median: 4.46
vs TSE:3168: -2.28
MERF OCF Margin % Related Terms
MERF OCF Margin % Historical Data
* Premium members only.
The historical data trend for MERF'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.
For the Other Industrial Metals & Mining subindustry, MERF'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.
MERF OCF Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, MERF's OCF Margin % distribution charts can be found below:
* The bar in red indicates where MERF'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.
MERF (TSE:3168) has a OCF Margin % of -3.46% as of Feb. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on MERF and its competitors. According to the industry distribution chart, MERF ranks #545 out of 845 companies in the Metals & Mining industry, placing it in the top 64.5%.
Is MERF's OCF Margin % too high?
MERF's current OCF Margin % is -3.46%. Based on the distribution chart, MERF ranks #545 out of 845 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, MERF has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MERF's OCF Margin % compare to competitors?
According to the Metals & Mining industry distribution chart, MERF ranks #545 out of 845 companies for OCF Margin %. This places MERF in the lower half of its industry. The industry median OCF Margin % is 4.46. 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 Metals & Mining company?
The median OCF Margin % among Metals & Mining companies is 4.46, based on 845 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. 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 MERF and its competitors. For the Metals & Mining industry, the median OCF Margin % is 4.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MERF's current OCF Margin % is -3.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MERF stock overvalued right now?
Based on GuruFocus' analysis, MERF (TSE:3168) is currently considered Significantly Overvalued. The stock's GF Value™ is 円576.65, compared to a current price of 円1,227.00 — trading 112.8% above its estimated fair value. The current OCF Margin % is -3.46%. MERF's overall GF Score™ is 52/100 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 MERF (TSE:3168), the current OCF Margin % is -3.46% as of Feb. 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 MERF (TSE:3168) Overvalued in 2026?
Based on GuruFocus' analysis, MERF stock appears to be overvalued.
The current stock price of 円1,227.00 is trading 112.8% above its estimated GF Value™ of 円576.65.
GuruFocus considers MERF to be Significantly Overvalued.
Key valuation signals for TSE:3168:
OCF Margin %: -3.46%
GF Value™: 円576.65 vs. price of 円1,227.00 (112.8% above fair value)
No single metric tells the full story. See the TSE:3168 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MERF Inc is engaged in recycling non-ferrous metals, focusing on copper and copper alloys. Its business activities are divided into two main segments: the Ingot Business, which involves the manufacturing of copper alloy ingots, and the Metal Recycling Raw Materials Business, which is engaged in metal recycling. It is also involved in the manufacturing and selling of art and craft products segment.
52GF Score
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