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More Provident Funds And Pension (XTAE:MPP) Pretax Margin % : 18.56% (As of Dec. 2023)


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What is More Provident Funds And Pension Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. More Provident Funds And Pension's Pre-Tax Income for the three months ended in Dec. 2023 was ₪22.5 Mil. More Provident Funds And Pension's Revenue for the three months ended in Dec. 2023 was ₪121.2 Mil. Therefore, More Provident Funds And Pension's pretax margin for the quarter that ended in Dec. 2023 was 18.56%.

The historical rank and industry rank for More Provident Funds And Pension's Pretax Margin % or its related term are showing as below:

XTAE:MPP' s Pretax Margin % Range Over the Past 10 Years
Min: -869.52   Med: -32.28   Max: 13.61
Current: 13.61


XTAE:MPP's Pretax Margin % is ranked worse than
78.16% of 1662 companies
in the Asset Management industry
Industry Median: 90.98 vs XTAE:MPP: 13.61

More Provident Funds And Pension Pretax Margin % Historical Data

The historical data trend for More Provident Funds And Pension'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.

More Provident Funds And Pension Pretax Margin % Chart

More Provident Funds And Pension Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial -869.52 -63.69 -0.86 4.43 13.61

More Provident Funds And Pension Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 3.42 12.42 10.03 12.56 18.56

Competitive Comparison of More Provident Funds And Pension's Pretax Margin %

For the Asset Management subindustry, More Provident Funds And Pension'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.


More Provident Funds And Pension's Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, More Provident Funds And Pension's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where More Provident Funds And Pension's Pretax Margin % falls into.



More Provident Funds And Pension 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.

More Provident Funds And Pension'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 )
=59.166/434.722
=13.61 %

More Provident Funds And Pension'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 )
=22.49/121.154
=18.56 %

* 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.


More Provident Funds And Pension  (XTAE:MPP) 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.


More Provident Funds And Pension Pretax Margin % Related Terms

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More Provident Funds And Pension (XTAE:MPP) Business Description

Traded in Other Exchanges
N/A
Address
Ben Gurion Road 2, PO Box: 514956465, Ramat Gan, ISR, 5257334
More Provident Funds And Pension Ltd, formerly More Provident Funds Ltd offers variety of long-term savings routes at different risk levels. The company offers provident funds, study funds and investment provident funds.

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