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Menderes Tekstilnayi ve Ticaret AS (IST:MNDRS) Operating Margin % : 20.42% (As of Sep. 2023)


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What is Menderes Tekstilnayi ve Ticaret AS Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Menderes Tekstilnayi ve Ticaret AS's Operating Income for the three months ended in Sep. 2023 was ₺321 Mil. Menderes Tekstilnayi ve Ticaret AS's Revenue for the three months ended in Sep. 2023 was ₺1,571 Mil. Therefore, Menderes Tekstilnayi ve Ticaret AS's Operating Margin % for the quarter that ended in Sep. 2023 was 20.42%.

Good Sign:

Menderes Tekstil Sanayi ve Ticaret AS operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Menderes Tekstilnayi ve Ticaret AS's Operating Margin % or its related term are showing as below:

IST:MNDRS' s Operating Margin % Range Over the Past 10 Years
Min: 0.14   Med: 9.6   Max: 28.15
Current: 15.75


IST:MNDRS's Operating Margin % is ranked better than
88.21% of 1043 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.99 vs IST:MNDRS: 15.75

Menderes Tekstilnayi ve Ticaret AS's 5-Year Average Operating Margin % Growth Rate was 14.10% per year.

Menderes Tekstilnayi ve Ticaret AS's Operating Income for the three months ended in Sep. 2023 was ₺321 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2023 was ₺731 Mil.


Menderes Tekstilnayi ve Ticaret AS Operating Margin % Historical Data

The historical data trend for Menderes Tekstilnayi ve Ticaret AS's Operating 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.

Menderes Tekstilnayi ve Ticaret AS Operating Margin % Chart

Menderes Tekstilnayi ve Ticaret AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.41 6.29 13.55 12.60 28.15

Menderes Tekstilnayi ve Ticaret AS Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Operating 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 22.45 19.68 3.43 15.67 20.42

Competitive Comparison of Menderes Tekstilnayi ve Ticaret AS's Operating Margin %

For the Textile Manufacturing subindustry, Menderes Tekstilnayi ve Ticaret AS's Operating Margin %, along with its competitors' market caps and Operating 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.


Menderes Tekstilnayi ve Ticaret AS's Operating Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Menderes Tekstilnayi ve Ticaret AS's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Menderes Tekstilnayi ve Ticaret AS's Operating Margin % falls into.



Menderes Tekstilnayi ve Ticaret AS Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Menderes Tekstilnayi ve Ticaret AS's Operating Margin % for the fiscal year that ended in Dec. 2022 is calculated as

Operating Margin %=Operating Income (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=1159.387 / 4118.74
=28.15 %

Menderes Tekstilnayi ve Ticaret AS's Operating Margin % for the quarter that ended in Sep. 2023 is calculated as

Operating Margin %=Operating Income (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=320.668 / 1570.512
=20.42 %

* 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.


Menderes Tekstilnayi ve Ticaret AS  (IST:MNDRS) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Menderes Tekstilnayi ve Ticaret AS Operating Margin % Related Terms

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Menderes Tekstilnayi ve Ticaret AS (IST:MNDRS) Business Description

Traded in Other Exchanges
N/A
Address
Üniversite Cad. No:84, Bornova, Izmir, TUR
Menderes Tekstil Sanayi ve Ticaret AS is a textile company. It is engaged in the manufacturing of beddings, linens, pillow cases, sleep sets, tablecloths, 100% woven and knitted fabrics, polyester and cotton mix fabrics, draperies, collar linings, and fusible garment linings. The company's products are categorized into three which are Home textile products consisting of bedding sets to sleep sets, curtains, baby sets and printed fabrics, Upholstery fabrics, including slipcovers and Lining and interlining comprising of semi-finished products. The company operates under two brands which include La Notte and SNT.

Menderes Tekstilnayi ve Ticaret AS (IST:MNDRS) Headlines

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