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Accordant Group (NZSE:AGL) Net Margin % : 1.04% (As of Sep. 2023)


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What is Accordant Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Accordant Group's Net Income for the six months ended in Sep. 2023 was NZ$1.2 Mil. Accordant Group's Revenue for the six months ended in Sep. 2023 was NZ$112.1 Mil. Therefore, Accordant Group's net margin for the quarter that ended in Sep. 2023 was 1.04%.

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

NZSE:AGL' s Net Margin % Range Over the Past 10 Years
Min: 0.48   Med: 2.05   Max: 3.02
Current: 0.48


NZSE:AGL's Net Margin % is ranked worse than
72.44% of 1063 companies
in the Business Services industry
Industry Median: 3.92 vs NZSE:AGL: 0.48

Accordant Group Net Margin % Historical Data

The historical data trend for Accordant Group'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.

Accordant Group Net Margin % Chart

Accordant Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 1.02 3.02 1.35 0.87

Accordant Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 1.51 1.20 1.70 -0.11 1.04

Competitive Comparison of Accordant Group's Net Margin %

For the Staffing & Employment Services subindustry, Accordant Group'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.


Accordant Group's Net Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Accordant Group's Net Margin % distribution charts can be found below:

* The bar in red indicates where Accordant Group's Net Margin % falls into.



Accordant Group 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.

Accordant Group's Net Margin for the fiscal year that ended in Mar. 2023 is calculated as

Net Margin=Net Income (A: Mar. 2023 )/Revenue (A: Mar. 2023 )
=1.977/227.371
=0.87 %

Accordant Group's Net Margin for the quarter that ended in Sep. 2023 is calculated as

Net Margin=Net Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=1.164/112.105
=1.04 %

* 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.


Accordant Group  (NZSE:AGL) 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.


Accordant Group Net Margin % Related Terms

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Accordant Group (NZSE:AGL) Business Description

Traded in Other Exchanges
N/A
Address
51 Shortland Street, Level 6, P.O. Box 105675, Auckland, NTL, NZL, 1010
Accordant Group Ltd is a recruitment and staffing provider company. The group has two reportable segments: AWF and Madison, Absolute IT, and JacksonStone & Partners. The AWF brands derive their revenues from temporary staffing services to the industry. The Madison, Absolute IT, and JacksonStone & Partners brands, which is the key revenue driver, derive revenues from the temporary, contract, and permanent staff services to commerce.