Happy ForgingsNSE:HAPPYFORGE -2.79%46 OCF Yield % is 3.06 as of Jul. 04, 2026. GuruFocus rates NSE:HAPPYFORGE with a GF Score™ of 46/100. The stock has 6 warning signs investors should review. Among 3,070 Industrial Products companies, Happy Forgings ranks better than 51.5% on this metric.
OCF Yield % is calculated as Cash Flow from Operations divided by Market Capitalization. It is a financial solvency ratio that compares the operating cash flow a company is expected to earn against its market value.
The historical rank and industry rank for Happy Forgings's OCF Yield % or its related term are showing as below:
NSE:HAPPYFORGE'
s OCF Yield % Range Over the Past 10 Years
Min: 3.06 Med: 0 Max: 3.06
Current: 3.06
During the past 6 years, the highest OCF Yield % of Happy Forgings was 3.06%. The lowest was 3.06%. And the median was %.
NSE:HAPPYFORGE's OCF Yield % is ranked better than 51.5% of 3070
companies
in the Industrial Products industry
Industry Median: 2.88
vs NSE:HAPPYFORGE: 3.06
Similar to Earnings Yield %, OCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high operating cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.
Happy Forgings OCF Yield % Related Terms
Happy Forgings OCF Yield % Historical Data
* Premium members only.
The historical data trend for Happy Forgings's OCF Yield % 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.
NSE:HAPPYFORGE vs CRS, ATI, MLI: OCF Yield % Comparison
For the Metal Fabrication subindustry, Happy Forgings's OCF Yield %, along with its competitors' market caps and OCF Yield % 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.
Happy Forgings OCF Yield % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Happy Forgings's OCF Yield % distribution charts can be found below:
* The bar in red indicates where Happy Forgings's OCF Yield % 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.
Happy Forgings (NSE:HAPPYFORGE) has a OCF Yield % of 3.06 as of Jul. 04, 2026. OCF Yield is calculated as Cash Flow from Operations divided by Market Capitalization. View historical data on Happy Forgings and its competitors. Over the past decade, Happy Forgings' OCF Yield % has ranged from 3.06 to 3.06. According to the industry distribution chart, Happy Forgings ranks #1489 out of 3070 companies in the Industrial Products industry, placing it in the top 48.5%.
Is Happy Forgings' OCF Yield % too high?
Happy Forgings' current OCF Yield % is 3.06. Over the past 10 years, this metric has ranged from a low of 3.06 to a high of 3.06. The Industrial Products industry median OCF Yield % is 2.88. Happy Forgings' value of 3.06 is 6.3% above this industry median. Based on the distribution chart, Happy Forgings ranks #1489 out of 3070 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Happy Forgings has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Happy Forgings' OCF Yield % compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Happy Forgings ranks #1489 out of 3070 companies for OCF Yield %. This puts Happy Forgings in the upper half of its industry. The industry median OCF Yield % is 2.88. Happy Forgings' value of 3.06 is 6.3% above this benchmark. Historically, Happy Forgings' own OCF Yield % has ranged from 3.06 to 3.06 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good OCF Yield % for an Industrial Products company?
The median OCF Yield % among Industrial Products companies is 2.88, based on 3,070 companies in the industry. Companies in the top quartile (top 25%) have a OCF Yield % significantly above this median, while those in the bottom quartile fall well below. However, OCF Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Happy Forgings's current OCF Yield % of 3.06 is 6.3% 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 Yield % mean?
A high OCF Yield % can signal that a stock is expensive relative to its fundamentals. OCF Yield is calculated as Cash Flow from Operations divided by Market Capitalization. View historical data on Happy Forgings and its competitors. For the Industrial Products industry, the median OCF Yield % is 2.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Happy Forgings's current OCF Yield % is 3.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Happy Forgings stock overvalued right now?
Happy Forgings (NSE:HAPPYFORGE) has a current OCF Yield % of 3.06. The current OCF Yield % is 3.06 and 6.3% above the Industrial Products industry median of 2.88. Happy Forgings' overall GF Score™ is 46/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Yield % calculated?
OCF Yield % is calculated from a company's financial statements. For Happy Forgings (NSE:HAPPYFORGE), the current OCF Yield % is 3.06 as of Jul. 04, 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.
Happy Forgings Ltd is a manufacturer specializing in designing and manufacturing heavy forgings and high-precision machined components. The company manufactures, designs, and tests various products such as crankshafts, front axle carriers, steering knuckles, differential housings, transmission parts, pinion shafts, suspension products, and valve bodies for different industries and customers. The Company business comprises only the Forging segment where the company sells forged products comprising of forgings and machined components for the automotive and industrial sectors. The company generates the majority of its revenue within India.
46GF Score
Get the complete analysis for NSE:HAPPYFORGE
OCF Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:HAPPYFORGE has been successfully added to your 
