GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Eureka Forbes Ltd (BOM:543482) » Definitions » Profitability Rank

Eureka Forbes (BOM:543482) Profitability Rank : 5 (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Eureka Forbes Profitability Rank?

Eureka Forbes has the Profitability Rank of 5.

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

Eureka Forbes's Operating Margin % for the quarter that ended in Mar. 2024 was 7.10%. As of today, Eureka Forbes's Piotroski F-Score is 7.


Competitive Comparison of Eureka Forbes's Profitability Rank

For the Consumer Electronics subindustry, Eureka Forbes'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.


Eureka Forbes's Profitability Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Eureka Forbes's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Eureka Forbes's Profitability Rank falls into.



Eureka Forbes 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.

Eureka Forbes has the Profitability Rank of 5.

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.

Eureka Forbes'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 )
=392.85 / 5535.608
=7.10 %

* 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 7, 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

Eureka Forbes has an F-score of 7. 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.

4. Consistency of the profitability

5. Predictability Rank


Eureka Forbes Profitability Rank Related Terms

Thank you for viewing the detailed overview of Eureka Forbes's Profitability Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Eureka Forbes (BOM:543482) Business Description

Traded in Other Exchanges
N/A
Address
Marathon Innova, B1/B2, 701, 7th Floor, Off Ganpatrao Kadam Marg, Lower Parel, Mumbai, MH, IND, 400 013
Eureka Forbes Ltd is a manufacturer of home appliances. the company has 4 business segments; Water; It offers electric, nonelectric and on-the-go water purifiers. Cleaning; vacuum cleaners, and cleaning solutions. Air; air purifiers and Services; offering after-sales services.

Eureka Forbes (BOM:543482) Headlines

No Headlines