Scandinavian Medical Solutions AS (OCSE:SMSMED) Net Margin % : 2.89% (As of Sep. 2023)

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What is Scandinavian Medical Solutions AS Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Scandinavian Medical Solutions AS's Net Income for the six months ended in Sep. 2023 was kr2.7 Mil. Scandinavian Medical Solutions AS's Revenue for the six months ended in Sep. 2023 was kr95.0 Mil. Therefore, Scandinavian Medical Solutions AS's net margin for the quarter that ended in Sep. 2023 was 2.89%.

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

OCSE:SMSMED' s Net Margin % Range Over the Past 10 Years
Min: 6.39 Med: 10.29 Max: 11.39
Current: 6.39

OCSE:SMSMED's Net Margin % is ranked better than
65.15% of 815 companies
in the Medical Devices & Instruments industry
Industry Median: -0.49 vs OCSE:SMSMED: 6.39

Scandinavian Medical Solutions AS Net Margin % Historical Data

The historical data trend for Scandinavian Medical Solutions AS'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.

Scandinavian Medical Solutions AS Net Margin % Chart

Scandinavian Medical Solutions AS Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

Net Margin %

9.74

10.75

11.39

10.29

6.39

Scandinavian Medical Solutions AS Semi-Annual Data
	Sep19	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Net Margin %	Get a 7-Day Free Trial			8.56	8.75	11.66	9.85	2.89

Competitive Comparison of Scandinavian Medical Solutions AS's Net Margin %

For the Medical Devices subindustry, Scandinavian Medical Solutions AS'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.

Scandinavian Medical Solutions AS's Net Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Scandinavian Medical Solutions AS's Net Margin % distribution charts can be found below:

* The bar in red indicates where Scandinavian Medical Solutions AS's Net Margin % falls into.

Scandinavian Medical Solutions AS 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.

Scandinavian Medical Solutions AS's Net Margin for the fiscal year that ended in Sep. 2023 is calculated as

Net Margin	=	Net Income (A: Sep. 2023 )	/	Revenue (A: Sep. 2023 )
	=	12.224	/	191.192
	=	6.39 %

Scandinavian Medical Solutions AS's Net Margin for the quarter that ended in Sep. 2023 is calculated as

Net Margin	=	Net Income (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	2.74	/	94.952
	=	2.89 %

Scandinavian Medical Solutions AS (OCSE:SMSMED) 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.

Scandinavian Medical Solutions AS Net Margin % Related Terms

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Scandinavian Medical Solutions AS (OCSE:SMSMED) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Scandinavian Medical Solutions AS (OCSE:SMSMED) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

K41:Germany

Address

Gasvaerksvej 46. 1.Sal, Aalborg, DNK, DK-9000

Website

https://www.scandinavian-medical.com

Scandinavian Medical Solutions AS is engaged in offering pre-owned medical imaging equipment and innovative healthcare solutions. The product portfolio of Cath Lab, X-Ray, MRI, Mammography, Ultrasound, and Mobile X-Ray among others.

Scandinavian Medical Solutions AS (OCSE:SMSMED) Headlines

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