Primech Holdings (Primech Holdings) Net Margin % : 0.64% (As of Sep. 2023)

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What is Primech Holdings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Primech Holdings's Net Income for the six months ended in Sep. 2023 was $0.22 Mil. Primech Holdings's Revenue for the six months ended in Sep. 2023 was $35.16 Mil. Therefore, Primech Holdings's net margin for the quarter that ended in Sep. 2023 was 0.64%.

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

PMEC' s Net Margin % Range Over the Past 10 Years
Min: -3.67 Med: -0.82 Max: 11.15
Current: -0.66

PMEC's Net Margin % is ranked worse than
76.08% of 1062 companies
in the Business Services industry
Industry Median: 3.9 vs PMEC: -0.66

Primech Holdings Net Margin % Historical Data

The historical data trend for Primech Holdings'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.

Primech Holdings Net Margin % Chart

Primech Holdings Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Net Margin %

0.65

11.15

-2.28

-3.67

Primech Holdings Semi-Annual Data
	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Net Margin %	Get a 7-Day Free Trial			1.50	-5.79	-5.61	-1.92	0.64

Competitive Comparison of Primech Holdings's Net Margin %

For the Specialty Business Services subindustry, Primech Holdings'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.

Primech Holdings's Net Margin % Distribution in the Business Services Industry

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

* The bar in red indicates where Primech Holdings's Net Margin % falls into.

Primech Holdings 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.

Primech Holdings'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 )
	=	-2.532	/	69.026
	=	-3.67 %

Primech Holdings'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 )
	=	0.224	/	35.161
	=	0.64 %

Primech Holdings (NAS:PMEC) 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.

Primech Holdings Net Margin % Related Terms

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Primech Holdings (Primech Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Primech Holdings Ltd (NAS:PMEC) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

23 Ubi Crescent, Singapore, SGP, 408579

Website

https://www.primechholdings.com

Primech Holdings Ltd is a technology-driven facilities services provider in the public and private sectors operating mainly in Singapore. The services offered by the company include Facilities services, Stewarding services, Cleaning services to offices, Cleaning services to homes, and Cleaning Supplies.

Primech Holdings (Primech Holdings) Headlines

From GuruFocus

PRIMECH HOLDINGS LTD. Announces Pricing of US12.2 Million Initial Public Offering

By GlobeNewswire • 10-10-2023

PRIMECH HOLDINGS LTD. Announces Pricing of US12.2 Million Initial Public Offering

By Marketwired • 10-10-2023