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Afrimat (JSE:AFT) Net Margin % : 12.43% (As of Feb. 2024)


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What is Afrimat Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Afrimat's Net Income for the six months ended in Feb. 2024 was R403 Mil. Afrimat's Revenue for the six months ended in Feb. 2024 was R3,240 Mil. Therefore, Afrimat's net margin for the quarter that ended in Feb. 2024 was 12.43%.

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

JSE:AFT' s Net Margin % Range Over the Past 10 Years
Min: 9.91   Med: 12.66   Max: 20.95
Current: 12.85


JSE:AFT's Net Margin % is ranked better than
80.26% of 385 companies
in the Building Materials industry
Industry Median: 5.12 vs JSE:AFT: 12.85

Afrimat Net Margin % Historical Data

The historical data trend for Afrimat'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.

Afrimat Net Margin % Chart

Afrimat Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.00 20.95 16.51 13.47 12.85

Afrimat Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
Net 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 16.41 13.65 13.28 13.33 12.43

Competitive Comparison of Afrimat's Net Margin %

For the Building Materials subindustry, Afrimat'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.


Afrimat's Net Margin % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Afrimat's Net Margin % distribution charts can be found below:

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



Afrimat 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.

Afrimat's Net Margin for the fiscal year that ended in Feb. 2024 is calculated as

Net Margin=Net Income (A: Feb. 2024 )/Revenue (A: Feb. 2024 )
=781.776/6083.28
=12.85 %

Afrimat's Net Margin for the quarter that ended in Feb. 2024 is calculated as

Net Margin=Net Income (Q: Feb. 2024 )/Revenue (Q: Feb. 2024 )
=402.724/3239.606
=12.43 %

* 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.


Afrimat  (JSE:AFT) 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.


Afrimat Net Margin % Related Terms

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Afrimat (JSE:AFT) Business Description

Traded in Other Exchanges
N/A
Address
Corner Willie van Schoor Avenue and Old Oak Road, Tyger Valley Office Park No. 2, Tyger Valley, Bellville, WC, ZAF, 7530
Afrimat Ltd is a South Africa-based company. It operates in three segments: Construction Materials, which comprises aggregates, concrete-based products, and contracting operations; Industrial Minerals segment consists mainly of the sale of limestone, dolomite, and industrial sand; Bulk Commodities segment includes iron ore and anthracite; and Services segment consists of Group shared services including IT services, consulting services, etc. It operates in a single geographical segment, which is the African region.