Tomra Systems ASA (Tomra Systems ASA) Net Margin %

: 2.19% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. Tomra Systems ASA's Net Income for the three months ended in Dec. 2023 was $9 Mil. Tomra Systems ASA's Revenue for the three months ended in Dec. 2023 was $391 Mil. Therefore, Tomra Systems ASA's net margin for the quarter that ended in Dec. 2023 was 2.19%.

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

TMRAF' s Net Margin % Range Over the Past 10 Years
Min: 4.72 Med: 8.53 Max: 10.46
Current: 4.94

TMRAF's Net Margin % is ranked better than
53.02% of 232 companies
in the Waste Management industry
Industry Median: 4.12 vs TMRAF: 4.94

Tomra Systems ASA Net Margin % Historical Data

The historical data trend for Tomra Systems ASA'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.

Tomra Systems ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

8.80

7.80

10.01

8.44

4.72

Tomra Systems ASA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %																10.46	3.82	8.69	5.06	2.19

Competitive Comparison

For the Waste Management subindustry, Tomra Systems ASA'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.

Tomra Systems ASA Net Margin % Distribution

For the Waste Management industry and Industrials sector, Tomra Systems ASA's Net Margin % distribution charts can be found below:

* The bar in red indicates where Tomra Systems ASA's Net Margin % falls into.

Tomra Systems ASA 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.

Tomra Systems ASA's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	66.08	/	1398.762
	=	4.72 %

Tomra Systems ASA's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	8.541	/	390.837
	=	2.19 %

Tomra Systems ASA (OTCPK:TMRAF) 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.

Tomra Systems ASA Net Margin % Related Terms

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Tomra Systems ASA (Tomra Systems ASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Tomra Systems ASA (OTCPK:TMRAF) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

TMRAY:USA TOMo:Sweden TOM:Norway 0KV7:UK TMRA:Germany

Address

Drengsrudhagen 2, Asker, NOR, 1385

Website

https://www.tomra.com

Tomra Systems ASA provides sorting and recycling solutions to better equip customers for handling waste. It operates two primary business segments: collection solutions (a majority of revenue) and sorting solutions. The company produces, sells, and services automated recycling systems, including data administration systems that monitor the volume of collected materials. It manufactures reverse vending machines to collect empty beverage containers. The empty beverage containers are gathered and processed into reusable molds. Tomra services the machines and provides replacement parts to ensure optimal performance. Food sorting solutions inspect individual pieces and stop resources from going to waste. The majority of revenue comes from customers in Europe, North America and Rest of World.