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Somec SpA (MIL:SOM) Net Margin % : -1.20% (As of Jun. 2023)


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What is Somec SpA Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Somec SpA's Net Income for the six months ended in Jun. 2023 was €-2.3 Mil. Somec SpA's Revenue for the six months ended in Jun. 2023 was €191.5 Mil. Therefore, Somec SpA's net margin for the quarter that ended in Jun. 2023 was -1.20%.

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

MIL:SOM' s Net Margin % Range Over the Past 10 Years
Min: -1.06   Med: 3.27   Max: 4.88
Current: -1.06


MIL:SOM's Net Margin % is ranked worse than
77.1% of 1651 companies
in the Construction industry
Industry Median: 3.21 vs MIL:SOM: -1.06

Somec SpA Net Margin % Historical Data

The historical data trend for Somec SpA'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.

Somec SpA Net Margin % Chart

Somec SpA Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Margin %
Get a 7-Day Free Trial 4.88 3.16 1.18 3.37 -0.54

Somec SpA Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.28 4.51 -0.12 -0.90 -1.20

Competitive Comparison of Somec SpA's Net Margin %

For the Building Products & Equipment subindustry, Somec SpA'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.


Somec SpA's Net Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Somec SpA's Net Margin % distribution charts can be found below:

* The bar in red indicates where Somec SpA's Net Margin % falls into.



Somec SpA 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.

Somec SpA's Net Margin for the fiscal year that ended in Dec. 2022 is calculated as

Net Margin=Net Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=-1.752/325.616
=-0.54 %

Somec SpA's Net Margin for the quarter that ended in Jun. 2023 is calculated as

Net Margin=Net Income (Q: Jun. 2023 )/Revenue (Q: Jun. 2023 )
=-2.306/191.47
=-1.20 %

* 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.


Somec SpA  (MIL:SOM) 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.


Somec SpA Net Margin % Related Terms

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Somec SpA (MIL:SOM) Business Description

Traded in Other Exchanges
N/A
Address
Via Palu, 30, San Vendemiano, Treviso, ITA, 31020
Somec SpA designs and manufactures glass envelopes for cruise ships and special architectural projects. Its products include balcony sliding doors, public area doors, handrails, windscreens, and balcony dividers.

Somec SpA (MIL:SOM) Headlines

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