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Al Eid Food Co (KUW:ALEID) Net Margin % : 7.81% (As of Mar. 2024)


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What is Al Eid Food Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Al Eid Food Co's Net Income for the three months ended in Mar. 2024 was KWD1.31 Mil. Al Eid Food Co's Revenue for the three months ended in Mar. 2024 was KWD16.70 Mil. Therefore, Al Eid Food Co's net margin for the quarter that ended in Mar. 2024 was 7.81%.

The historical rank and industry rank for Al Eid Food Co's Net Margin % or its related term are showing as below:

KUW:ALEID' s Net Margin % Range Over the Past 10 Years
Min: 6.18   Med: 8.67   Max: 9.62
Current: 8.69


KUW:ALEID's Net Margin % is ranked better than
89.97% of 309 companies
in the Retail - Defensive industry
Industry Median: 2.14 vs KUW:ALEID: 8.69

Al Eid Food Co Net Margin % Historical Data

The historical data trend for Al Eid Food Co'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.

Al Eid Food Co Net Margin % Chart

Al Eid Food Co Annual Data
Trend Dec11 Dec12 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.44 8.99 9.62 8.90 9.12

Al Eid Food Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 8.77 10.42 9.19 7.88 7.81

Competitive Comparison of Al Eid Food Co's Net Margin %

For the Food Distribution subindustry, Al Eid Food Co'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.


Al Eid Food Co's Net Margin % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Al Eid Food Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Al Eid Food Co's Net Margin % falls into.



Al Eid Food Co 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.

Al Eid Food Co'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 )
=3.203/35.118
=9.12 %

Al Eid Food Co's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=1.305/16.7
=7.81 %

* 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.


Al Eid Food Co  (KUW:ALEID) 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.


Al Eid Food Co Net Margin % Related Terms

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Al Eid Food Co (KUW:ALEID) Business Description

Traded in Other Exchanges
N/A
Address
Al Ardiya Industrial Area, P.O. Box 41081, Building 100, Block 2, Kuwait City, KWT, 85851
Al Eid Food Co is importing, distributes, packaging, and marketing food and consumer products. It specializes in food and beverage distribution in Kuwait. Its products include Alwaha, Seara, GoldAlex, Delicio, Rahma, and Sunlite. It also provides oils, pulses, spices, rice, seafood, nuts, and meat. Operating segments of the group are distributed over the State of Kuwait, and the Gulf co-operation council, and the majority of the revenue comes from the State of Kuwait.

Al Eid Food Co (KUW:ALEID) Headlines

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