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Afrimat (JSE:AFT) Pretax Margin % : 18.30% (As of Feb. 2024)


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What is Afrimat Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Afrimat's Pre-Tax Income for the six months ended in Feb. 2024 was R593 Mil. Afrimat's Revenue for the six months ended in Feb. 2024 was R3,240 Mil. Therefore, Afrimat's pretax margin for the quarter that ended in Feb. 2024 was 18.30%.

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

JSE:AFT' s Pretax Margin % Range Over the Past 10 Years
Min: 13.6   Med: 17.7   Max: 28.21
Current: 18.3


JSE:AFT's Pretax Margin % is ranked better than
83.03% of 383 companies
in the Building Materials industry
Industry Median: 6.89 vs JSE:AFT: 18.30

Afrimat Pretax Margin % Historical Data

The historical data trend for Afrimat'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.

Afrimat Pretax Margin % Chart

Afrimat Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.35 28.21 22.78 19.05 18.30

Afrimat Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 Premium Member Only Premium Member Only Premium Member Only 22.59 18.88 19.24 18.30 18.30

Competitive Comparison of Afrimat's Pretax Margin %

For the Building Materials subindustry, Afrimat'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.


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

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

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



Afrimat 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.

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

Pretax Margin=Pre-Tax Income (A: Feb. 2024 )/Revenue (A: Feb. 2024 )
=1113.408/6083.28
=18.30 %

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

Pretax Margin=Pre-Tax Income (Q: Feb. 2024 )/Revenue (Q: Feb. 2024 )
=592.889/3239.606
=18.30 %

* 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) 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.


Afrimat Pretax 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.