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Momentum Metropolitan Holdings (JSE:MTM) Net Margin % : 4.24% (As of Dec. 2023)


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What is Momentum Metropolitan Holdings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Momentum Metropolitan Holdings's Net Income for the six months ended in Dec. 2023 was R2,191 Mil. Momentum Metropolitan Holdings's Revenue for the six months ended in Dec. 2023 was R51,711 Mil. Therefore, Momentum Metropolitan Holdings's net margin for the quarter that ended in Dec. 2023 was 4.24%.

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

JSE:MTM' s Net Margin % Range Over the Past 10 Years
Min: 0.37   Med: 3.28   Max: 5.33
Current: 3.56


JSE:MTM's Net Margin % is ranked worse than
72.65% of 490 companies
in the Insurance industry
Industry Median: 8.31 vs JSE:MTM: 3.56

Momentum Metropolitan Holdings Net Margin % Historical Data

The historical data trend for Momentum Metropolitan Holdings'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.

Momentum Metropolitan Holdings Net Margin % Chart

Momentum Metropolitan Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.30 0.37 0.42 5.33 3.49

Momentum Metropolitan Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 1.05 97.04 4.09 3.08 4.24

Competitive Comparison of Momentum Metropolitan Holdings's Net Margin %

For the Insurance - Diversified subindustry, Momentum Metropolitan Holdings'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.


Momentum Metropolitan Holdings's Net Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Momentum Metropolitan Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where Momentum Metropolitan Holdings's Net Margin % falls into.



Momentum Metropolitan Holdings 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.

Momentum Metropolitan Holdings's Net Margin for the fiscal year that ended in Jun. 2023 is calculated as

Net Margin=Net Income (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=4333/124222
=3.49 %

Momentum Metropolitan Holdings'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 )
=2191/51711
=4.24 %

* 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.


Momentum Metropolitan Holdings  (JSE:MTM) 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.


Momentum Metropolitan Holdings Net Margin % Related Terms

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Momentum Metropolitan Holdings (JSE:MTM) Business Description

Traded in Other Exchanges
Address
268 West Avenue, Centurion, GT, ZAF, 0157
Momentum Metropolitan Holdings Ltd is a financial services group. Its core businesses are long- and short-term insurance, asset management, investment, savings, healthcare administration, and employee benefits. Metropolitan and Momentum are the operating brands for offering product and service solutions to all market segments. The firm's operational segments are: Momentum Life, Momentum Investments, Metropolitan Life, Momentum Corporate, Momentum Metropolitan Health, Momentum Metropolitan Africa, Non-life Insurance, New Initiatives and Shareholders.

Momentum Metropolitan Holdings (JSE:MTM) Headlines

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