WatersWAT -0.66%92 OCF Yield % is 1.06 as of Jun. 27, 2026, which is 73% below its 10-year median of 3.94. GuruFocus rates WAT with a GF Score™ of 92/100 and a GF Value™ of $417.45 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 215 Medical Diagnostics & Research companies, Waters ranks worse than 50.23% 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.
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.
Waters OCF Yield % Related Terms
Waters OCF Yield % Historical Data
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The historical data trend for Waters'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 Diagnostics & Research subindustry, Waters'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.
Waters OCF Yield % vs Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, Waters's OCF Yield % distribution charts can be found below:
* The bar in red indicates where Waters'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.
Waters (WAT) has a OCF Yield % of 1.06 as of Jun. 27, 2026. OCF Yield is calculated as Cash Flow from Operations divided by Market Capitalization. View historical data on Waters and its competitors. This is 73% below median its historical median of 3.94. Over the past decade, Waters' OCF Yield % has ranged from 1.06 to 6.14. According to the industry distribution chart, Waters ranks #108 out of 215 companies in the Medical Diagnostics & Research industry, placing it in the top 50.2%.
Is Waters' OCF Yield % too high?
Waters' current OCF Yield % of 1.06 is 73% below median its 10-year median of 3.94. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 6.14. The Medical Diagnostics & Research industry median OCF Yield % is 1.05. Waters' value of 1.06 is 1% above this industry median. Based on the distribution chart, Waters ranks #108 out of 215 companies in the Medical Diagnostics & Research industry, which is below the industry midpoint. Overall, Waters has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Waters' OCF Yield % compare to A and NTRA?
According to the Medical Diagnostics & Research industry distribution chart, Waters ranks #108 out of 215 companies for OCF Yield %. This places Waters in the lower half of its industry. The industry median OCF Yield % is 1.05. Waters' value of 1.06 is 1% above this benchmark. Historically, Waters' own OCF Yield % has ranged from 1.06 to 6.14 over the past decade. While the company's 10-year median is 3.94 vs. the industry median of 1.05, Waters 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 Yield % for a Medical Diagnostics & Research company?
The median OCF Yield % among Medical Diagnostics & Research companies is 1.05, based on 215 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. Waters's current OCF Yield % of 1.06 is 1% 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 Waters and its competitors. For the Medical Diagnostics & Research industry, the median OCF Yield % is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waters's current OCF Yield % is 1.06, which is 73% below median its own 10-year median of 3.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waters stock overvalued right now?
Based on GuruFocus' analysis, Waters (WAT) is currently considered Modestly Undervalued. The stock's GF Value™ is $417.45, compared to a current price of $374.41 — trading 10.3% below its estimated fair value. The current OCF Yield % is 1.06, which is 73% below median its 10-year median of 3.94 and 1% above the Medical Diagnostics & Research industry median of 1.05. Waters' overall GF Score™ is 92/100 with 7 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 Waters (WAT), the current OCF Yield % is 1.06 as of Jun. 27, 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 Waters (WAT) Overvalued in 2026?
Based on GuruFocus' analysis, Waters stock appears to be undervalued.
The current stock price of $374.41 is trading 10.3% below its estimated GF Value™ of $417.45.
GuruFocus considers Waters to be Modestly Undervalued.
Key valuation signals for WAT:
OCF Yield %: 1.06 (73% below median its 10-year median of 3.94)
GF Value™: $417.45 vs. price of $374.41 (10.3% below fair value)
Industry Position: 1% above the Medical Diagnostics & Research median (#108 of 215)
No single metric tells the full story. See the WAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Waters sells liquid chromatography, mass spectrometry, and thermal analysis tools. These analytical instruments provide essential information on various products, such as their molecular structures and physical properties, to help clients enhance the health and well-being of end users. In early 2026, Waters merged with BD's life science and diagnostics business, which increased its concentration in diagnostics (versus none now) and discovery-related life science tools.
92GF Score
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