MNGA (MNG Havayollari ve Tasimacilik AS) Net Margin %: 18.84% (As of Dec. 2022)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is MNG Havayollari ve Tasimacilik AS Net Margin %?

MNG Havayollari ve Tasimacilik AS MNGA Net Margin % is 18.84% as of Dec. 2022.

Net margin is calculated as Net Income divided by its Revenue. MNG Havayollari ve Tasimacilik AS's Net Income for the three months ended in Dec. 2022 was $19.92 Mil. MNG Havayollari ve Tasimacilik AS's Revenue for the three months ended in Dec. 2022 was $105.73 Mil. Therefore, MNG Havayollari ve Tasimacilik AS's net margin for the quarter that ended in Dec. 2022 was 18.84%.

The historical rank and industry rank for MNG Havayollari ve Tasimacilik AS's Net Margin % or its related term are showing as below:


MNGA's Net Margin % is not ranked *
in the Transportation industry.
Industry Median: 4.9
* Ranked among companies with meaningful Net Margin % only.

MNG Havayollari ve Tasimacilik AS  (NYSE:MNGA) 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.


MNG Havayollari ve Tasimacilik AS Net Margin % Related Terms


MNG Havayollari ve Tasimacilik AS Net Margin % Historical Data

* Premium members only.

The historical data trend for MNG Havayollari ve Tasimacilik AS'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.

MNG Havayollari ve Tasimacilik AS Net Margin % Chart

MNG Havayollari ve Tasimacilik AS Annual Data
Trend Dec20 Dec21 Dec22
Net Margin %
21.72 17.41 18.56

MNG Havayollari ve Tasimacilik AS Quarterly Data
Dec20 Dec21 Sep22 Dec22
Net Margin % 0.00 9.80 0.00 18.84

MNGA vs : Net Margin % Comparison

For the Integrated Freight & Logistics subindustry, MNG Havayollari ve Tasimacilik AS'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.


MNG Havayollari ve Tasimacilik AS Net Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, MNG Havayollari ve Tasimacilik AS's Net Margin % distribution charts can be found below:

* The bar in red indicates where MNG Havayollari ve Tasimacilik AS's Net Margin % falls into.



MNG Havayollari ve Tasimacilik AS 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.

MNG Havayollari ve Tasimacilik AS's Net Margin for the fiscal year that ended in Dec. 2022 is calculated as

Net Margin=Net Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=66.683/359.302
=18.56 %

MNG Havayollari ve Tasimacilik AS's Net Margin for the quarter that ended in Dec. 2022 is calculated as

Net Margin=Net Income (Q: Dec. 2022 )/Revenue (Q: Dec. 2022 )
=19.915/105.729
=18.84 %

* 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 18.84% mean?
MNG Havayollari ve Tasimacilik AS (MNGA) has a Net Margin % of 18.84% as of Dec. 2022. Net margin is the ratio of total net income to net sales. View historical data on MNG Havayollari ve Tasimacilik AS and its competitors.
Is MNG Havayollari ve Tasimacilik AS's Net Margin % too high?
MNG Havayollari ve Tasimacilik AS's current Net Margin % is 18.84%. The Transportation industry median Net Margin % is 4.90. MNG Havayollari ve Tasimacilik AS's value of 18.84% is 284.5% above this industry median.
How does MNG Havayollari ve Tasimacilik AS's Net Margin % compare to ?
MNG Havayollari ve Tasimacilik AS's Net Margin % of 18.84% can be compared against companies in the Transportation industry. The industry median Net Margin % is 4.90. MNG Havayollari ve Tasimacilik AS's value of 18.84% is 284.5% 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 Transportation company?
The median Net Margin % among Transportation companies is 4.90, based on 1,005 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. MNG Havayollari ve Tasimacilik AS's current Net Margin % of 18.84% is 284.5% 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 MNG Havayollari ve Tasimacilik AS and its competitors. For the Transportation industry, the median Net Margin % is 4.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MNG Havayollari ve Tasimacilik AS's current Net Margin % is 18.84%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MNG Havayollari ve Tasimacilik AS stock overvalued right now?
MNG Havayollari ve Tasimacilik AS (MNGA) has a current Net Margin % of 18.84%. The current Net Margin % is 18.84% and 284.5% above the Transportation industry median of 4.90. 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 MNG Havayollari ve Tasimacilik AS (MNGA), the current Net Margin % is 18.84% as of Dec. 2022. 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.

MNG Havayollari ve Tasimacilik AS Business Description

Comparable Companies
Address WOW Convention Center ?DTM, Yesilkoy/Bakirkoy, Istanbul, TUR, 34149
MNG Havayollari ve Tasimacilik AS is an independent logistics provider mainly in the EMEA region and a global e-commerce enabler. Its service offerings include scheduled and block space, charter, ACMI, special cargo, warehouse, handling and technical services. MNG's diversified business model provides MNG with a competitive advantage in the air cargo market, as it gives MNG the opportunity to provide customized services to its customers in accordance with needs and expectations. The company recognizes revenue for its global multimodal operations based on the origin of transported cargo carried on each flight.