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Garanti Faktoring AS (IST:GARFA) Net Margin % : 50.78% (As of Mar. 2024)


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What is Garanti Faktoring AS Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Garanti Faktoring AS's Net Income for the three months ended in Mar. 2024 was ₺279 Mil. Garanti Faktoring AS's Revenue for the three months ended in Mar. 2024 was ₺549 Mil. Therefore, Garanti Faktoring AS's net margin for the quarter that ended in Mar. 2024 was 50.78%.

The historical rank and industry rank for Garanti Faktoring AS's Net Margin % or its related term are showing as below:

IST:GARFA' s Net Margin % Range Over the Past 10 Years
Min: -29.43   Med: 27.74   Max: 57.84
Current: 56.28


IST:GARFA's Net Margin % is ranked better than
87.83% of 526 companies
in the Credit Services industry
Industry Median: 14.635 vs IST:GARFA: 56.28

Garanti Faktoring AS Net Margin % Historical Data

The historical data trend for Garanti Faktoring AS's Net 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.

* Premium members only.

Garanti Faktoring AS Net Margin % Chart

Garanti Faktoring AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.55 23.64 46.47 56.10 57.84

Garanti Faktoring AS Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 55.66 68.94 53.16 54.34 50.78

Competitive Comparison of Garanti Faktoring AS's Net Margin %

For the Credit Services subindustry, Garanti Faktoring AS's Net Margin %, along with its competitors' market caps and Net 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.


Garanti Faktoring AS's Net Margin % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Garanti Faktoring AS's Net Margin % distribution charts can be found below:

* The bar in red indicates where Garanti Faktoring AS's Net Margin % falls into.



Garanti Faktoring AS Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Garanti Faktoring AS's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=1045.084/1806.744
=57.84 %

Garanti Faktoring AS's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=278.993/549.39
=50.78 %

* 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.


Garanti Faktoring AS  (IST:GARFA) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Garanti Faktoring AS Net Margin % Related Terms

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Garanti Faktoring AS (IST:GARFA) Business Description

Traded in Other Exchanges
N/A
Address
Maslak Mahalles Eski Buyukdere Caddesi No. 23, Sariyer, Istanbul, TUR, 34398
Garanti Faktoring AS is a Turkish company which offers factoring services where time receivables of companies arising out of their domestic and overseas service sales are taken over by Garanti to offer one or more of financing, guarantee and collection services. The company focuses on trade financing and receivable-based financing and provides financing, guarantee and collection products. It offers financing service to customers whose goods/services sales are realized on the account and as check account sales and delivers regular cash flow. The company also affords supplier financing to supplier companies the benefit of payment of their receivables without waiting for maturity, and to buyer companies the benefit of payment due date extension.

Garanti Faktoring AS (IST:GARFA) Headlines

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