Abu Dhabi National Takaful Co PSC (ADX:TKFL) Net Margin % : 43.93% (As of Dec. 2023)

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What is Abu Dhabi National Takaful Co PSC Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Abu Dhabi National Takaful Co PSC's Net Income for the three months ended in Dec. 2023 was د.إ45.6 Mil. Abu Dhabi National Takaful Co PSC's Revenue for the three months ended in Dec. 2023 was د.إ103.7 Mil. Therefore, Abu Dhabi National Takaful Co PSC's net margin for the quarter that ended in Dec. 2023 was 43.93%.

The historical rank and industry rank for Abu Dhabi National Takaful Co PSC's Net Margin % or its related term are showing as below:

ADX:TKFL' s Net Margin % Range Over the Past 10 Years
Min: 26.95 Med: 32.63 Max: 44.9
Current: 31.17

ADX:TKFL's Net Margin % is ranked better than
91.58% of 487 companies
in the Insurance industry
Industry Median: 7.89 vs ADX:TKFL: 31.17

Abu Dhabi National Takaful Co PSC Net Margin % Historical Data

The historical data trend for Abu Dhabi National Takaful Co PSC'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.

Abu Dhabi National Takaful Co PSC Net Margin % Chart

Abu Dhabi National Takaful Co PSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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28.78

38.87

44.90

35.49

31.17

Abu Dhabi National Takaful Co PSC Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial															18.50	18.97	25.81	29.20	43.93

Competitive Comparison of Abu Dhabi National Takaful Co PSC's Net Margin %

For the Insurance - Diversified subindustry, Abu Dhabi National Takaful Co PSC'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.

Abu Dhabi National Takaful Co PSC's Net Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Abu Dhabi National Takaful Co PSC's Net Margin % distribution charts can be found below:

* The bar in red indicates where Abu Dhabi National Takaful Co PSC's Net Margin % falls into.

Abu Dhabi National Takaful Co PSC 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.

Abu Dhabi National Takaful Co PSC'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 )
	=	103.042	/	330.537
	=	31.17 %

Abu Dhabi National Takaful Co PSC's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	45.559	/	103.71
	=	43.93 %

Abu Dhabi National Takaful Co PSC (ADX:TKFL) 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.

Abu Dhabi National Takaful Co PSC Net Margin % Related Terms

Thank you for viewing the detailed overview of Abu Dhabi National Takaful Co PSC's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Abu Dhabi National Takaful Co PSC (ADX:TKFL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Abu Dhabi National Takaful Co PSC (ADX:TKFL) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tamouh Tower, 25th Floor, P.O. Box 35335, Marina Square, Al Reem Island, Abu Dhabi, ARE

Website

http://www.takaful.ae

Abu Dhabi National Takaful Co PSC is engaged in providing Takaful insurance solutions for the regional market. The company is licensed by the Ministry of Economy & Commerce as the first Takaful operator in the emirates of Abu Dhabi and is among the Islamic insurance companies operating in the United Arab Emirates. The company's core business activities and investments are conducted in accordance with the Islamic Shari'a. The company has a comprehensive range of products and services, which have been developed under the guidance of the Fatwa & Shari'a Supervisory Board to meet the varying needs of clients in the field of Islamic finance.

Abu Dhabi National Takaful Co PSC (ADX:TKFL) Headlines

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