ZscalerWBO:ZSCA -4.54%49 OCF Margin % is 23.28% as of Apr. 2026, which is 3% below its 10-year median of 23.88. GuruFocus rates WBO:ZSCA with a GF Score™ of 49/100 and a GF Value™ of €251.69 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 2,816 Software companies, Zscaler ranks better than 92.37% on this metric.
The historical rank and industry rank for Zscaler's OCF Margin % or its related term are showing as below:
WBO:ZSCA'
s OCF Margin % Range Over the Past 10 Years
Min: -14.83 Med: 23.88 Max: 36.38
Current: 34.73
During the past 11 years, the highest OCF Margin % of Zscaler was 36.38%. The lowest was -14.83%. And the median was 23.88%.
WBO:ZSCA's OCF Margin % is ranked better than 92.37% of 2816
companies
in the Software industry
Industry Median: 6.77
vs WBO:ZSCA: 34.73
Zscaler OCF Margin % Related Terms
Zscaler OCF Margin % Historical Data
* Premium members only.
The historical data trend for Zscaler'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.
WBO:ZSCA vs AKAM, FFIV, CPAY: OCF Margin % Comparison
For the Software - Infrastructure subindustry, Zscaler'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.
Zscaler OCF Margin % vs Software Industry
For the Software industry and Technology sector, Zscaler's OCF Margin % distribution charts can be found below:
* The bar in red indicates where Zscaler'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.
Zscaler (WBO:ZSCA) has a OCF Margin % of 23.28% as of Apr. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Zscaler and its competitors. This is near median its historical median of 23.88. According to the industry distribution chart, Zscaler ranks #215 out of 2816 companies in the Software industry, placing it in the top 7.6%.
Is Zscaler's OCF Margin % too high?
Zscaler's current OCF Margin % of 23.28% is near median its 10-year median of 23.88. The Software industry median OCF Margin % is 6.77. Zscaler's value of 23.28% is 243.9% above this industry median. Based on the distribution chart, Zscaler ranks #215 out of 2816 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Zscaler 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 Zscaler's OCF Margin % compare to AKAM and FFIV?
According to the Software industry distribution chart, Zscaler ranks #215 out of 2816 companies for OCF Margin %. This places Zscaler in the top 8% of its industry — outperforming the majority of peers. The industry median OCF Margin % is 6.77. Zscaler's value of 23.28% is 243.9% above this benchmark. While the company's 10-year median is 23.88 vs. the industry median of 6.77, Zscaler 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 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. Zscaler's current OCF Margin % of 23.28% is 243.9% 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 Zscaler 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. Zscaler's current OCF Margin % is 23.28%, which is near median its own 10-year median of 23.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zscaler stock overvalued right now?
Based on GuruFocus' analysis, Zscaler (WBO:ZSCA) is currently considered Possible Value Trap. The stock's GF Value™ is €251.69, compared to a current price of €108.96 — trading 56.7% below its estimated fair value. The current OCF Margin % is 23.28%, which is near median its 10-year median of 23.88 and 243.9% above the Software industry median of 6.77. Zscaler's overall GF Score™ is 49/100 with 2 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 Zscaler (WBO:ZSCA), the current OCF Margin % is 23.28% as of Apr. 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 Zscaler (WBO:ZSCA) Overvalued in 2026?
Based on GuruFocus' analysis, Zscaler stock appears to be undervalued.
The current stock price of €108.96 is trading 56.7% below its estimated GF Value™ of €251.69.
GuruFocus considers Zscaler to be Possible Value Trap.
Key valuation signals for WBO:ZSCA:
OCF Margin %: 23.28% (near median its 10-year median of 23.88)
GF Value™: €251.69 vs. price of €108.96 (56.7% below fair value)
Industry Position: 243.9% above the Software median (#215 of 2816)
No single metric tells the full story. See the WBO:ZSCA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zscaler is a software-as-a-service, or SaaS, firm focusing on providing cloud-native cybersecurity solutions to primarily enterprise customers. Zscaler's offerings can be broadly partitioned into Zscaler Internet Access, which provides secure access to external applications, and Zscaler Private Access, which provides secure access to internal applications. The firm is headquartered in San Jose, California, and went public in 2018.
49GF Score
Get the complete analysis for WBO:ZSCA
OCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
WBO:ZSCA has been successfully added to your 
