GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Corporacion Aceros Arequipa SA (LIM:CORAREC1) » Definitions » Net Margin %

Corporacion Aceros Arequipa (LIM:CORAREC1) Net Margin % : 5.32% (As of Mar. 2024)


View and export this data going back to 1998. Start your Free Trial

What is Corporacion Aceros Arequipa Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Corporacion Aceros Arequipa's Net Income for the three months ended in Mar. 2024 was S/.60 Mil. Corporacion Aceros Arequipa's Revenue for the three months ended in Mar. 2024 was S/.1,131 Mil. Therefore, Corporacion Aceros Arequipa's net margin for the quarter that ended in Mar. 2024 was 5.32%.

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

LIM:CORAREC1' s Net Margin % Range Over the Past 10 Years
Min: 1.44   Med: 5.11   Max: 13.74
Current: 2.2


LIM:CORAREC1's Net Margin % is ranked worse than
55.39% of 603 companies
in the Steel industry
Industry Median: 2.9 vs LIM:CORAREC1: 2.20

Corporacion Aceros Arequipa Net Margin % Historical Data

The historical data trend for Corporacion Aceros Arequipa'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.

Corporacion Aceros Arequipa Net Margin % Chart

Corporacion Aceros Arequipa Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.36 6.49 13.74 4.54 1.44

Corporacion Aceros Arequipa Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Net 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 0.84 2.83 -0.78 2.08 5.32

Competitive Comparison of Corporacion Aceros Arequipa's Net Margin %

For the Steel subindustry, Corporacion Aceros Arequipa'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.


Corporacion Aceros Arequipa's Net Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Corporacion Aceros Arequipa's Net Margin % distribution charts can be found below:

* The bar in red indicates where Corporacion Aceros Arequipa's Net Margin % falls into.



Corporacion Aceros Arequipa 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.

Corporacion Aceros Arequipa'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 )
=67.278/4678.18
=1.44 %

Corporacion Aceros Arequipa's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=60.213/1131.004
=5.32 %

* 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.


Corporacion Aceros Arequipa  (LIM:CORAREC1) 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.


Corporacion Aceros Arequipa Net Margin % Related Terms

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


Corporacion Aceros Arequipa (LIM:CORAREC1) Business Description

Traded in Other Exchanges
Address
Carretera Panamericana Sur Km. 241, Paracas, Pisco, PER
Corporacion Aceros Arequipa SA is a Peru-based company that manufactures, distributes, and markets iron, steel, and other metal products. Its product portfolio consists of rebar, flat bars, merchant bars, coils, sheets, tubes, and corrugated sheets, among others. The firm's products are used in construction, mining, heavy metalworking industry, and others. Geographically the majority of its revenue comes from Peru.

Corporacion Aceros Arequipa (LIM:CORAREC1) Headlines

No Headlines