OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Docebo's Cash Flow from Operations for the
three
months ended in Mar. 2026 was C$34.0 Mil. Docebo's Revenue for the
three
months ended in Mar. 2026 was C$90.0 Mil. Therefore, Docebo's OCF Margin % for the quarter that ended in Mar. 2026 was 37.80%.
The historical rank and industry rank for Docebo's OCF Margin % or its related term are showing as below:
TSX:DCBO'
s OCF Margin % Range Over the Past 10 Years
Min: -17.42 Med: -0.76 Max: 13.48
Current: 17.92
During the past 10 years, the highest OCF Margin % of Docebo was 13.48%. The lowest was -17.42%. And the median was -0.76%.
TSX:DCBO's OCF Margin % is ranked better than 74.47% of 2816
companies
in the Software industry
Industry Median: 6.77
vs TSX:DCBO: 17.92
Docebo OCF Margin % Related Terms
Docebo OCF Margin % Historical Data
* Premium members only.
The historical data trend for Docebo'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.
TSX:DCBO vs CRM, SHOP, UBER: OCF Margin % Comparison
For the Software - Application subindustry, Docebo'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.
Docebo OCF Margin % vs Software Industry
For the Software industry and Technology sector, Docebo's OCF Margin % distribution charts can be found below:
* The bar in red indicates where Docebo'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.
Docebo (TSX:DCBO) has a OCF Margin % of 37.80% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Docebo and its competitors. According to the industry distribution chart, Docebo ranks #719 out of 2816 companies in the Software industry, placing it in the top 25.5%.
Is Docebo's OCF Margin % too high?
Docebo's current OCF Margin % is 37.80%. The Software industry median OCF Margin % is 6.77. Docebo's value of 37.80% is 458.3% above this industry median. Based on the distribution chart, Docebo ranks #719 out of 2816 companies in the Software industry, which is above the industry midpoint. Overall, Docebo has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Docebo's OCF Margin % compare to CRM and SHOP?
According to the Software industry distribution chart, Docebo ranks #719 out of 2816 companies for OCF Margin %. This puts Docebo in the upper half of its industry. The industry median OCF Margin % is 6.77. Docebo's value of 37.80% is 458.3% above this benchmark. 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 Software company?
The median OCF Margin % among Software companies is 6.77, based on 2,816 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. Docebo's current OCF Margin % of 37.80% is 458.3% 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 Docebo and its competitors. For the Software industry, the median OCF Margin % is 6.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Docebo's current OCF Margin % is 37.80%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Docebo stock overvalued right now?
Based on GuruFocus' analysis, Docebo (TSX:DCBO) is currently considered Possible Value Trap. The stock's GF Value™ is C$84.11, compared to a current price of C$23.87 — trading 71.6% below its estimated fair value. The current OCF Margin % is 37.80% and 458.3% above the Software industry median of 6.77. Docebo's overall GF Score™ is 62/100 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 Docebo (TSX:DCBO), the current OCF Margin % is 37.80% 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 Docebo (TSX:DCBO) Overvalued in 2026?
Based on GuruFocus' analysis, Docebo stock appears to be undervalued.
The current stock price of C$23.87 is trading 71.6% below its estimated GF Value™ of C$84.11.
GuruFocus considers Docebo to be Possible Value Trap.
Key valuation signals for TSX:DCBO:
OCF Margin %: 37.80%
GF Value™: C$84.11 vs. price of C$23.87 (71.6% below fair value)
Industry Position: 458.3% above the Software median (#719 of 2816)
No single metric tells the full story. See the TSX:DCBO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Docebo Inc is a provider of cloud-based learning management systems. The solutions provided by the company allow learning administrators to deliver scalable and flexible personalized learning experiences, from formal training to social learning to multiple internal, external, and blended audiences. The group provides an easy-to-use, configurable, and affordable learning platform with the end-to-end capabilities and critical functionality needed to train both internal and external workforces, partners, and customers. The majority of the revenue is derived from customers based in North America.
62GF Score
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