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Afric Industries (CAS:AFI) Pretax Margin % : 16.26% (As of Dec. 2023)


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What is Afric Industries Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Afric Industries's Pre-Tax Income for the six months ended in Dec. 2023 was MAD3.96 Mil. Afric Industries's Revenue for the six months ended in Dec. 2023 was MAD24.32 Mil. Therefore, Afric Industries's pretax margin for the quarter that ended in Dec. 2023 was 16.26%.

The historical rank and industry rank for Afric Industries's Pretax Margin % or its related term are showing as below:

CAS:AFI' s Pretax Margin % Range Over the Past 10 Years
Min: 14.62   Med: 21.85   Max: 25.21
Current: 14.62


CAS:AFI's Pretax Margin % is ranked better than
86.12% of 418 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 5.355 vs CAS:AFI: 14.62

Afric Industries Pretax Margin % Historical Data

The historical data trend for Afric Industries's Pretax 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.

Afric Industries Pretax Margin % Chart

Afric Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 23.63 25.21 15.52 21.16 14.62

Afric Industries Semi-Annual Data
Jun14 Jun15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Pretax 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 -2.83 27.94 13.05 12.48 16.26

Competitive Comparison of Afric Industries's Pretax Margin %

For the Furnishings, Fixtures & Appliances subindustry, Afric Industries's Pretax Margin %, along with its competitors' market caps and Pretax 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.


Afric Industries's Pretax Margin % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Afric Industries's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Afric Industries's Pretax Margin % falls into.



Afric Industries Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Afric Industries's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=6.299/43.091
=14.62 %

Afric Industries's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=3.955/24.323
=16.26 %

* 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.


Afric Industries  (CAS:AFI) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Afric Industries Pretax Margin % Related Terms

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Afric Industries (CAS:AFI) Business Description

Traded in Other Exchanges
N/A
Address
Route de Tetouan, Lot 107, Zone Industrielle, Tangier, MAR, BP 368
Afric Industries SA is engaged in the development, production and marketing of abrasive products of all shapes and contents. It is also engaged in the manufacturing and sale of tapes and adhesive and self-adhesive tapes; manufacturing, assembling, glazing, installation and marketing of all types of joinery and finished aluminum products and other materials; purchase, sale, import, export, manufacturing, processing, assembly, installation laying of all equipments, materials, tools, accessories, raw materials and spare parts.

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