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National Fittings (BOM:531289) Profitability Rank : 8 (As of Mar. 2024)


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What is National Fittings Profitability Rank?

National Fittings has the Profitability Rank of 8. It has a higher profitability and may stay that way.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

National Fittings's Operating Margin % for the quarter that ended in Mar. 2024 was 10.85%. As of today, National Fittings's Piotroski F-Score is 8.


Competitive Comparison of National Fittings's Profitability Rank

For the Steel subindustry, National Fittings's Profitability Rank, along with its competitors' market caps and Profitability Rank 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.


National Fittings's Profitability Rank Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, National Fittings's Profitability Rank distribution charts can be found below:

* The bar in red indicates where National Fittings's Profitability Rank falls into.



National Fittings Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

National Fittings has the Profitability Rank of 8. It has a higher profitability and may stay that way.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

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.

National Fittings's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=23.488 / 216.434
=10.85 %

* 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.

2. Piotroski F-Score

Good Sign:

Piotroski F-Score is 8, indicates a very healthy situation.

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

National Fittings has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

Good Sign:

National Fittings Ltd operating margin is expanding. Margin expansion is usually a good sign.

4. Consistency of the profitability

5. Predictability Rank


National Fittings Profitability Rank Related Terms

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National Fittings (BOM:531289) Business Description

Traded in Other Exchanges
N/A
Address
SF No.112, Madhapur Road, Kaniyur villlage, Sulur Taluk, Karumathampatti Via, Coimbatore, TN, IND, 641 659
National Fittings Ltd is a manufacturer of piping components for various industries. The company manufactures and sells SG Iron Grooved and Screwed Pipe Fittings, Stainless Pipe Fittings, and Ball Valves for industrial and non-industrial applications. Geographically the company generate the majority of its revenue from export.

National Fittings (BOM:531289) Headlines

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