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Rajratan Global Wire (BOM:517522) Profitability Rank : 10 (As of Mar. 2024)


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What is Rajratan Global Wire Profitability Rank?

Rajratan Global Wire has the Profitability Rank of 10. It has a higher profitability and may stay that way.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

Rajratan Global Wire's Operating Margin % for the quarter that ended in Mar. 2024 was 12.46%. As of today, Rajratan Global Wire's Piotroski F-Score is 4.


Competitive Comparison of Rajratan Global Wire's Profitability Rank

For the Steel subindustry, Rajratan Global Wire's Profitability Rank, along with its competitors' market caps and Profitability Rank 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.


Rajratan Global Wire's Profitability Rank Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Rajratan Global Wire's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Rajratan Global Wire's Profitability Rank falls into.



Rajratan Global Wire Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Rajratan Global Wire has the Profitability Rank of 10. It has a higher profitability and may stay that way.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Rajratan Global Wire's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=298.6 / 2395.7
=12.46 %

* 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.

2. Piotroski F-Score

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

Rajratan Global Wire has an F-score of 4 indicating the company's financial situation is typical for a stable company.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

Good Sign:

Rajratan Global Wire Ltd operating margin is expanding. Margin expansion is usually a good sign.

4. Consistency of the profitability

5. Predictability Rank


Rajratan Global Wire Profitability Rank Related Terms

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Rajratan Global Wire (BOM:517522) Business Description

Traded in Other Exchanges
Address
11/2 Meera Path, Dhenu Market, Rajratan House, Indore, MP, IND, 452 003
Rajratan Global Wire Ltd is an India-based company engaged in the manufacturing of steel wires. The group derives revenues primarily from the sale of Tyre bead wire and other ancillary products. Geographically, its operations are within and outside India.

Rajratan Global Wire (BOM:517522) Headlines

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