GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Auto Nejma (CAS:NEJ) » Definitions » Operating Margin %

Auto Nejma (CAS:NEJ) Operating Margin % : 11.14% (As of Dec. 2023)


View and export this data going back to 1999. Start your Free Trial

What is Auto Nejma Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Auto Nejma's Operating Income for the six months ended in Dec. 2023 was MAD132 Mil. Auto Nejma's Revenue for the six months ended in Dec. 2023 was MAD1,187 Mil. Therefore, Auto Nejma's Operating Margin % for the quarter that ended in Dec. 2023 was 11.14%.

Good Sign:

Auto Nejma operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Auto Nejma's Operating Margin % or its related term are showing as below:

CAS:NEJ' s Operating Margin % Range Over the Past 10 Years
Min: 7.52   Med: 10.67   Max: 13.69
Current: 11.64


CAS:NEJ's Operating Margin % is not ranked
in the Vehicles & Parts industry.
Industry Median: 5.15 vs CAS:NEJ: 11.64

Auto Nejma's 5-Year Average Operating Margin % Growth Rate was 8.30% per year.

Auto Nejma's Operating Income for the six months ended in Dec. 2023 was MAD132 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was MAD265 Mil.


Auto Nejma Operating Margin % Historical Data

The historical data trend for Auto Nejma's Operating 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.

Auto Nejma Operating Margin % Chart

Auto Nejma Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.57 7.52 9.53 13.69 11.64

Auto Nejma Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Operating 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 9.98 12.15 15.00 12.20 11.14

Competitive Comparison of Auto Nejma's Operating Margin %

For the Auto & Truck Dealerships subindustry, Auto Nejma's Operating Margin %, along with its competitors' market caps and Operating 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.


Auto Nejma's Operating Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Auto Nejma's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Auto Nejma's Operating Margin % falls into.



Auto Nejma Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Auto Nejma's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=264.828 / 2274.525
=11.64 %

Auto Nejma's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=132.163 / 1186.711
=11.14 %

* 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.


Auto Nejma  (CAS:NEJ) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Auto Nejma Operating Margin % Related Terms

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


Auto Nejma (CAS:NEJ) Business Description

Traded in Other Exchanges
N/A
Address
Km 10, El Jadida Road, Casablanca, MAR, 20230
Auto Nejma is an automobile distributor in Morocco. The company imports and markets vehicles, spare parts and car accessories. It represents the Mercedes-Benz private and commercial vehicle brands, SsangYong and Mahindra in Morocco.

Auto Nejma (CAS:NEJ) Headlines

No Headlines