Westfield Trust (ASX:WFT) Net Margin %: 29.45% (As of Dec. 2003)


What is Westfield Trust Net Margin %?

Westfield Trust ASX:WFT Net Margin % is 29.45% as of Dec. 2003.

Net margin is calculated as Net Income divided by its Revenue. Westfield Trust's Net Income for the six months ended in Dec. 2003 was A$564.10 Mil. Westfield Trust's Revenue for the six months ended in Dec. 2003 was A$1,915.30 Mil. Therefore, Westfield Trust's net margin for the quarter that ended in Dec. 2003 was 29.45%.

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


ASX:WFT's Net Margin % is not ranked *
in the Real Estate industry.
Industry Median: 8.03
* Ranked among companies with meaningful Net Margin % only.

Westfield Trust  (ASX:WFT) 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.

Westfield Trust Net Margin % Related Terms

Westfield Trust Net Margin % Historical Data

* Premium members only.

The historical data trend for Westfield Trust'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.

Westfield Trust Net Margin % Chart

Westfield Trust Annual Data
Trend Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02
Net Margin %
Get a 7-Day Free Trial 54.46 58.75 64.06 45.62 53.35

Westfield Trust Semi-Annual Data
Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03
Net Margin % Get a 7-Day Free Trial Premium Member Only 58.75 64.06 45.62 53.35 29.45

Westfield Trust Net Margin % Competitor Comparison

For the Real Estate - Development subindustry, Westfield Trust'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.

Westfield Trust Net Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Westfield Trust's Net Margin % distribution charts can be found below:

* The bar in red indicates where Westfield Trust's Net Margin % falls into.


Westfield Trust 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.

Westfield Trust's Net Margin for the fiscal year that ended in Dec. 2002 is calculated as

Net Margin=Net Income (A: Dec. 2002 )/Revenue (A: Dec. 2002 )
=475.8/891.8
=53.35 %

Westfield Trust's Net Margin for the quarter that ended in Dec. 2003 is calculated as

Net Margin=Net Income (Q: Dec. 2003 )/Revenue (Q: Dec. 2003 )
=564.1/1915.301
=29.45 %

* 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.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 29.45% mean?
Westfield Trust (ASX:WFT) has a Net Margin % of 29.45% as of Dec. 2003. Net margin is the ratio of total net income to net sales. View historical data on Westfield Trust and its competitors.
Is Westfield Trust's Net Margin % too high?
Westfield Trust's current Net Margin % is 29.45%. The Real Estate industry median Net Margin % is 8.03. Westfield Trust's value of 29.45% is 266.7% above this industry median.
How does Westfield Trust's Net Margin % compare to competitors?
Westfield Trust's Net Margin % of 29.45% can be compared against companies in the Real Estate industry. The industry median Net Margin % is 8.03. Westfield Trust's value of 29.45% is 266.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Real Estate company?
The median Net Margin % among Real Estate companies is 8.03, based on 1,755 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Westfield Trust's current Net Margin % of 29.45% is 266.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Westfield Trust and its competitors. For the Real Estate industry, the median Net Margin % is 8.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Westfield Trust's current Net Margin % is 29.45%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Westfield Trust stock overvalued right now?
Westfield Trust (ASX:WFT) has a current Net Margin % of 29.45%. The current Net Margin % is 29.45% and 266.7% above the Real Estate industry median of 8.03. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Westfield Trust (ASX:WFT), the current Net Margin % is 29.45% as of Dec. 2003. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Westfield Trust Business Description

Westfield Trust (WFT) comprises interests in 50 shopping centres in Australia and New Zealand, with 3.1m sqm2 of gross lettable area servicing more than 9,400 retailers who generate in excess of $13.9 billion of retail sales.