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.
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.
Thermax OCF Yield % Related Terms
Thermax OCF Yield % Historical Data
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The historical data trend for Thermax'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.
For the Conglomerates subindustry, Thermax'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.
Thermax OCF Yield % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Thermax's OCF Yield % distribution charts can be found below:
* The bar in red indicates where Thermax'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.
Thermax (NSE:THERMAX) has a OCF Yield % of 1.01 as of Jul. 07, 2026. OCF Yield is calculated as Cash Flow from Operations divided by Market Capitalization. View historical data on Thermax and its competitors. Over the past decade, Thermax's OCF Yield % has ranged from 1.01 to 1.01. According to the industry distribution chart, Thermax ranks #402 out of 568 companies in the Conglomerates industry, placing it in the top 70.8%.
Is Thermax's OCF Yield % too high?
Thermax's current OCF Yield % is 1.01. Over the past 10 years, this metric has ranged from a low of 1.01 to a high of 1.01. The Conglomerates industry median OCF Yield % is 7.45. Thermax's value of 1.01 is 86.4% below this industry median. Based on the distribution chart, Thermax ranks #402 out of 568 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Thermax has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thermax's OCF Yield % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Thermax ranks #402 out of 568 companies for OCF Yield %. This places Thermax in the lower half of its industry. The industry median OCF Yield % is 7.45. Thermax's value of 1.01 is 86.4% below this benchmark. Historically, Thermax's own OCF Yield % has ranged from 1.01 to 1.01 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 a Conglomerates company?
The median OCF Yield % among Conglomerates companies is 7.45, based on 568 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. Thermax's current OCF Yield % of 1.01 is 86.4% below 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 Thermax and its competitors. For the Conglomerates industry, the median OCF Yield % is 7.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thermax's current OCF Yield % is 1.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thermax stock overvalued right now?
Based on GuruFocus' analysis, Thermax (NSE:THERMAX) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹3,878.53, compared to a current price of ₹4,736.50 — trading 22.1% above its estimated fair value. The current OCF Yield % is 1.01 and 86.4% below the Conglomerates industry median of 7.45. Thermax's overall GF Score™ is 83/100 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 Thermax (NSE:THERMAX), the current OCF Yield % is 1.01 as of Jul. 07, 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 Thermax (NSE:THERMAX) Overvalued in 2026?
Based on GuruFocus' analysis, Thermax stock appears to be overvalued.
The current stock price of ₹4,736.50 is trading 22.1% above its estimated GF Value™ of ₹3,878.53.
GuruFocus considers Thermax to be Modestly Overvalued.
Key valuation signals for NSE:THERMAX:
OCF Yield %: 1.01
GF Value™: ₹3,878.53 vs. price of ₹4,736.50 (22.1% above fair value)
Industry Position: 86.4% below the Conglomerates median (#402 of 568)
No single metric tells the full story. See the NSE:THERMAX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thermax Ltd is a company that provides engineering solutions. The company operates through four reportable segments which are industrial products, industrial infra, green solutions, and chemicals. It earns the majority of its revenue from the Industrial Infra segment. The Company's portfolio includes boilers and heaters, absorption chillers/heat pumps, power plants, solar equipment, related services, air pollution control equipment/system, water and waste recycle plants, ion exchange resins and performance chemicals and related services The company generates more than half of its revenue from India.
83GF Score
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