Afric Industries (CAS:AFI) Net Margin % : 11.34% (As of Dec. 2023)

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What is Afric Industries Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Afric Industries's Net Income for the six months ended in Dec. 2023 was MAD2.76 Mil. Afric Industries's Revenue for the six months ended in Dec. 2023 was MAD24.32 Mil. Therefore, Afric Industries's net margin for the quarter that ended in Dec. 2023 was 11.34%.

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

CAS:AFI' s Net Margin % Range Over the Past 10 Years
Min: 10.34 Med: 15.75 Max: 18.56
Current: 10.34

CAS:AFI's Net Margin % is ranked better than
81.28% of 422 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 4.035 vs CAS:AFI: 10.34

Afric Industries Net Margin % Historical Data

The historical data trend for Afric Industries'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.

Afric Industries Net Margin % Chart

Afric Industries Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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16.86

18.56

11.25

15.52

10.34

Afric Industries Semi-Annual Data
	Jun14	Jun15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Net Margin %	Get a 7-Day Free Trial													-1.94	20.53	9.53	9.05	11.34

Competitive Comparison of Afric Industries's Net Margin %

For the Furnishings, Fixtures & Appliances subindustry, Afric Industries'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.

Afric Industries's Net Margin % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Afric Industries's Net Margin % distribution charts can be found below:

* The bar in red indicates where Afric Industries's Net Margin % falls into.

Afric Industries 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.

Afric Industries'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 )
	=	4.457	/	43.091
	=	10.34 %

Afric Industries'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 )
	=	2.759	/	24.323
	=	11.34 %

Afric Industries (CAS:AFI) 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.

Afric Industries Net Margin % Related Terms

Thank you for viewing the detailed overview of Afric Industries's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Afric Industries (CAS:AFI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Afric Industries SA (CAS:AFI) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Route de Tetouan, Lot 107, Zone Industrielle, Tangier, MAR, BP 368

Website

http://www.africindustries.com

Afric Industries SA is engaged in the development, production and marketing of abrasive products of all shapes and contents. It is also engaged in the manufacturing and sale of tapes and adhesive and self-adhesive tapes; manufacturing, assembling, glazing, installation and marketing of all types of joinery and finished aluminum products and other materials; purchase, sale, import, export, manufacturing, processing, assembly, installation laying of all equipments, materials, tools, accessories, raw materials and spare parts.

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