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FIT Hon Teng (FIT Hon Teng) Profitability Rank : 6 (As of Dec. 2023)


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What is FIT Hon Teng Profitability Rank?

FIT Hon Teng has the Profitability Rank of 6.

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

FIT Hon Teng's Operating Margin % for the quarter that ended in Dec. 2023 was 7.50%. As of today, FIT Hon Teng's Piotroski F-Score is 6.


Competitive Comparison of FIT Hon Teng's Profitability Rank

For the Electronic Components subindustry, FIT Hon Teng'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.


FIT Hon Teng's Profitability Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, FIT Hon Teng's Profitability Rank distribution charts can be found below:

* The bar in red indicates where FIT Hon Teng's Profitability Rank falls into.



FIT Hon Teng 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.

FIT Hon Teng has the Profitability Rank of 6.

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.

FIT Hon Teng's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=180.766 / 2411.47
=7.50 %

* 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

FIT Hon Teng has an F-score of 6 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.

Warning Sign:

FIT Hon Teng Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -4.5%.

4. Consistency of the profitability

5. Predictability Rank


FIT Hon Teng Profitability Rank Related Terms

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FIT Hon Teng (FIT Hon Teng) Business Description

Traded in Other Exchanges
Address
66-1, Chungshan Road, Tucheng District, New Taipei Ciy, TWN, 23680
FIT Hon Teng Ltd is a manufacturer of electronic components. It focuses on the development, manufacturing, and marketing of electronic and optoelectronic connectors, antennas, acoustic components, cables, and modules for applications in computers, communication equipment, consumer electronics, automobiles, and industrial and green energy field products. Geographically, the group has a business presence in the U.S., the PRC, Taiwan, Hong Kong, the United Kingdom, Singapore, Malaysia, and other countries, of which a majority of revenue is derived from the U.S. Its operating segments are Intermediate products and Consumer products.

FIT Hon Teng (FIT Hon Teng) Headlines

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