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Mangels Industrial (BSP:MGEL3) Net Margin % : 8.31% (As of Dec. 2023)


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What is Mangels Industrial Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Mangels Industrial's Net Income for the three months ended in Dec. 2023 was R$17.5 Mil. Mangels Industrial's Revenue for the three months ended in Dec. 2023 was R$211.1 Mil. Therefore, Mangels Industrial's net margin for the quarter that ended in Dec. 2023 was 8.31%.

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

BSP:MGEL3' s Net Margin % Range Over the Past 10 Years
Min: -12.01   Med: -1.56   Max: 25.44
Current: 3.67


BSP:MGEL3's Net Margin % is ranked better than
55.56% of 603 companies
in the Steel industry
Industry Median: 2.9 vs BSP:MGEL3: 3.67

Mangels Industrial Net Margin % Historical Data

The historical data trend for Mangels Industrial'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.

* Premium members only.

Mangels Industrial Net Margin % Chart

Mangels Industrial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.16 -5.67 17.30 25.44 3.67

Mangels Industrial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net 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 90.76 2.91 7.53 -3.65 8.31

Competitive Comparison of Mangels Industrial's Net Margin %

For the Steel subindustry, Mangels Industrial'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.


Mangels Industrial's Net Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Mangels Industrial's Net Margin % distribution charts can be found below:

* The bar in red indicates where Mangels Industrial's Net Margin % falls into.



Mangels Industrial 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.

Mangels Industrial's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=34.047/927.871
=3.67 %

Mangels Industrial's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=17.546/211.106
=8.31 %

* 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.


Mangels Industrial  (BSP:MGEL3) 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.


Mangels Industrial Net Margin % Related Terms

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Mangels Industrial (BSP:MGEL3) Business Description

Traded in Other Exchanges
Address
Rua Verbo Divino 1488, 6º andar, Cj.61A e 64D, Chácara Santo, Antonio, Sao Paulo, SP, BRA, 04719904
Mangels Industrial SA produces, markets, sells and distributes steel and related products. It operates in four segments, Steel, Wheel, Cylinder and Galvanizing. It supplies wheels to the car industry, motorcycles, trucks, buses, appliances, and gas companies; liquefied petroleum gas cylinders; air tanks for heavy vehicles, agricultural machinery, and air compressors; rear axles for light vehicles; and rolls, blanks, and sheets of low carbon and high strength steel for use in motorcycles, electronics and accessories, and hardware components.

Mangels Industrial (BSP:MGEL3) Headlines

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