PATH (TSE:3840) OCF Margin %: -22.96% (As of Mar. 2026)


TSE:3840 PATH Corp TSE:3840
53 GF Score
Price 円64.00
GF Value 円82.67
Valuation Modestly Undervalued
! 5 Warning Signs
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What is PATH OCF Margin %?

PATH TSE:3840 -1.54% 53 OCF Margin % is -22.96% as of Mar. 2026. GuruFocus rates TSE:3840 with a GF Score™ of 53/100 and a GF Value™ of 円82.67 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,069 Business Services companies, PATH ranks worse than 91.3% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. PATH's Cash Flow from Operations for the six months ended in Mar. 2026 was 円-254 Mil. PATH's Revenue for the six months ended in Mar. 2026 was 円1,104 Mil. Therefore, PATH's OCF Margin % for the quarter that ended in Mar. 2026 was -22.96%.

As of today, PATH's current OCF Yield % is -8.36%.

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

TSE:3840' s OCF Margin % Range Over the Past 10 Years
Min: -39.52   Med: -15.81   Max: 4.52
Current: -18.37


During the past 13 years, the highest OCF Margin % of PATH was 4.52%. The lowest was -39.52%. And the median was -15.81%.

TSE:3840's OCF Margin % is ranked worse than
91.3% of 1069 companies
in the Business Services industry
Industry Median: 6.89 vs TSE:3840: -18.37


PATH OCF Margin % Related Terms


PATH OCF Margin % Historical Data

* Premium members only.

The historical data trend for PATH'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.

PATH OCF Margin % Chart

PATH Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -39.52 -17.69 -3.30 -23.89 -18.37

PATH Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 -1.83 -22.08 -25.70 -14.37 -22.96

TSE:3840 vs CTAS, CPRT, ULS: OCF Margin % Comparison

For the Specialty Business Services subindustry, PATH'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.


PATH OCF Margin % vs Business Services Industry

For the Business Services industry and Industrials sector, PATH's OCF Margin % distribution charts can be found below:

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


TSE:3840
53GF Score
PATH Corp TSE:3840
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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PATH OCF Margin % Calculation

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

PATH's OCF Margin for the fiscal year that ended in Mar. 2026 is calculated as

OCF Margin=Cash Flow from Operations (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=-435.483/2370.253
=-18.37 %

PATH'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 )
=-253.577/1104.303
=-22.96 %

* 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 -22.96% mean?
PATH (TSE:3840) has a OCF Margin % of -22.96% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on PATH and its competitors. According to the industry distribution chart, PATH ranks #976 out of 1069 companies in the Business Services industry, placing it in the top 91.3%.
Is PATH's OCF Margin % too high?
PATH's current OCF Margin % is -22.96%. Based on the distribution chart, PATH ranks #976 out of 1069 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, PATH has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PATH's OCF Margin % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, PATH ranks #976 out of 1069 companies for OCF Margin %. This places PATH in the lower half of its industry. The industry median OCF Margin % is 6.89. 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 Business Services company?
The median OCF Margin % among Business Services companies is 6.89, based on 1,069 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 PATH and its competitors. For the Business Services industry, the median OCF Margin % is 6.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PATH's current OCF Margin % is -22.96%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PATH stock overvalued right now?
Based on GuruFocus' analysis, PATH (TSE:3840) is currently considered Modestly Undervalued. The stock's GF Value™ is 円82.67, compared to a current price of 円64.00 — trading 22.6% below its estimated fair value. The current OCF Margin % is -22.96%. PATH's overall GF Score™ is 53/100 with 5 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 PATH (TSE:3840), the current OCF Margin % is -22.96% 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 PATH (TSE:3840) Overvalued in 2026?

Based on GuruFocus' analysis, PATH stock appears to be undervalued. The current stock price of 円64.00 is trading 22.6% below its estimated GF Value™ of 円82.67. GuruFocus considers PATH to be Modestly Undervalued.

Key valuation signals for TSE:3840:

  • OCF Margin %: -22.96%
  • GF Value™: 円82.67 vs. price of 円64.00 (22.6% below fair value)
  • GF Score™: 53/100 with 5 warning signs

No single metric tells the full story. See the TSE:3840 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PATH Business Description

Address 6-17-11 Jingumae, JPR Harajuku Building, Shibuya-ku, Tokyo, JPN, 150-0001
PATH Corp is a business service provider. The company offers consulting services which include planning and proposing new businesses using block chain technology, implementing and introducing systems, and procuring means for new business funds, and mail order related business.
53GF Score

Get the complete analysis for TSE:3840

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

円64.00
Price
円82.67
GF Value