Morphic Ethical Equity Fund (ASX:MEC) Pretax Margin % : 46.91% (As of Dec. 2022)

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What is Morphic Ethical Equity Fund Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Morphic Ethical Equity Fund's Pre-Tax Income for the six months ended in Dec. 2022 was A$0.62 Mil. Morphic Ethical Equity Fund's Revenue for the six months ended in Dec. 2022 was A$1.33 Mil. Therefore, Morphic Ethical Equity Fund's pretax margin for the quarter that ended in Dec. 2022 was 46.91%.

The historical rank and industry rank for Morphic Ethical Equity Fund's Pretax Margin % or its related term are showing as below:

ASX:MEC's Pretax Margin % is not ranked ^*
in the Asset Management industry.
Industry Median: 90.93
* Ranked among companies with meaningful Pretax Margin % only.

Morphic Ethical Equity Fund Pretax Margin % Historical Data

The historical data trend for Morphic Ethical Equity Fund'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.

Morphic Ethical Equity Fund Pretax Margin % Chart

Morphic Ethical Equity Fund Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Pretax Margin %

75.32

46.32

64.44

91.97

Morphic Ethical Equity Fund Semi-Annual Data
	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Dec22
Pretax Margin %	Get a 7-Day Free Trial					88.44	93.14	90.25	109.86	46.91

Competitive Comparison of Morphic Ethical Equity Fund's Pretax Margin %

For the Asset Management subindustry, Morphic Ethical Equity Fund'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.

Morphic Ethical Equity Fund's Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Morphic Ethical Equity Fund's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Morphic Ethical Equity Fund's Pretax Margin % falls into.

Morphic Ethical Equity Fund 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.

Morphic Ethical Equity Fund's Pretax Margin for the fiscal year that ended in Sep. 2021 is calculated as

Pretax Margin	=	Pre-Tax Income (A: Sep. 2021 )	/	Revenue (A: Sep. 2021 )
	=	19.84	/	21.572
	=	91.97 %

Morphic Ethical Equity Fund's Pretax Margin for the quarter that ended in Dec. 2022 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Dec. 2022 )	/	Revenue (Q: Dec. 2022 )
	=	0.622	/	1.326
	=	46.91 %

Morphic Ethical Equity Fund (ASX:MEC) 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.

Morphic Ethical Equity Fund Pretax Margin % Related Terms

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Morphic Ethical Equity Fund (ASX:MEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Morphic Ethical Equity Fund Ltd (ASX:MEC) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

179 Elizabeth Street, Level 11, Sydney, NSW, AUS, 2000

Website

https://www.morphicasset.com

Morphic Ethical Equity Fund Ltd seeks to provide investors a way to grow their wealth. The fund excludes direct investments in entities involved in environmental destruction, including coal and uranium mining, oil and gas, intensive animal farming and aquaculture, tobacco and alcohol, armaments, gambling and rainforest.