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BOC Kenya (NAI:BOC) Operating Margin % : 14.66% (As of Dec. 2022)


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What is BOC Kenya Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. BOC Kenya's Operating Income for the six months ended in Dec. 2022 was KES189 Mil. BOC Kenya's Revenue for the six months ended in Dec. 2022 was KES1,287 Mil. Therefore, BOC Kenya's Operating Margin % for the quarter that ended in Dec. 2022 was 14.66%.

Good Sign:

BOC Kenya PLC operating margin is expanding. Margin expansion is usually a good sign.

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

NAI:BOC' s Operating Margin % Range Over the Past 10 Years
Min: 3.66   Med: 11.16   Max: 17.89
Current: 14.66


NAI:BOC's Operating Margin % is ranked better than
82.68% of 1530 companies
in the Chemicals industry
Industry Median: 6.03 vs NAI:BOC: 14.66

BOC Kenya's 5-Year Average Operating Margin % Growth Rate was 26.60% per year.

BOC Kenya's Operating Income for the six months ended in Dec. 2022 was KES189 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2022 was KES189 Mil.


BOC Kenya Operating Margin % Historical Data

The historical data trend for BOC Kenya'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.

BOC Kenya Operating Margin % Chart

BOC Kenya Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.58 3.66 10.19 9.06 14.66

BOC Kenya Semi-Annual Data
Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 6.58 3.66 10.19 9.06 14.66

Competitive Comparison of BOC Kenya's Operating Margin %

For the Chemicals subindustry, BOC Kenya'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.


BOC Kenya's Operating Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, BOC Kenya's Operating Margin % distribution charts can be found below:

* The bar in red indicates where BOC Kenya's Operating Margin % falls into.



BOC Kenya 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.

BOC Kenya's Operating Margin % for the fiscal year that ended in Dec. 2022 is calculated as

Operating Margin %=Operating Income (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=188.664 / 1287.25
=14.66 %

BOC Kenya's Operating Margin % for the quarter that ended in Dec. 2022 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2022 ) / Revenue (Q: Dec. 2022 )
=188.664 / 1287.25
=14.66 %

* 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.


BOC Kenya  (NAI:BOC) 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.


BOC Kenya Operating Margin % Related Terms

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BOC Kenya (NAI:BOC) Business Description

Traded in Other Exchanges
N/A
Address
Kitui Road, Off Kampala Road, P.O. Box 18010, Industrial Area, Nairobi, KEN, 00500
BOC Kenya PLC is engaged in the manufacture and sale of industrial gases, medical gases, and welding products. The company's segment based on regions consists of Kenya, Tanzania, and Uganda. Its product range consists of Bulk gases, Packaged gases, and Engineering services. Bulk gases include liquid oxygen and liquid nitrogen. Packaged gases comprise medical gases, industrial gases, and special gas mixtures, and liquefied petroleum gas. The engineering services include supplies of medical equipment, construction of medical and other gas pipelines, liquefied petroleum gas installations, tanks and pipelines, industrial gas storage and pipeline installations, and related maintenance services. The company generates majority of its revenue from the sale of medical and industrial gases.

BOC Kenya (NAI:BOC) Headlines