Nofoth Food Products Co (SAU:9556) Net Margin % : 13.51% (As of Dec. 2023)

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What is Nofoth Food Products Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Nofoth Food Products Co's Net Income for the six months ended in Dec. 2023 was ﷼20.6 Mil. Nofoth Food Products Co's Revenue for the six months ended in Dec. 2023 was ﷼152.6 Mil. Therefore, Nofoth Food Products Co's net margin for the quarter that ended in Dec. 2023 was 13.51%.

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

SAU:9556' s Net Margin % Range Over the Past 10 Years
Min: 11.65 Med: 12.75 Max: 13.85
Current: 13.85

SAU:9556's Net Margin % is ranked better than
95.78% of 308 companies
in the Retail - Defensive industry
Industry Median: 2.14 vs SAU:9556: 13.85

Nofoth Food Products Co Net Margin % Historical Data

The historical data trend for Nofoth Food Products 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.

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Nofoth Food Products Co Net Margin % Chart

Nofoth Food Products Co Annual Data

Trend

Dec22

Dec23

Net Margin %

11.65

13.85

Nofoth Food Products Co Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Net Margin %	11.33	11.98	14.17	13.51

Competitive Comparison of Nofoth Food Products Co's Net Margin %

For the Grocery Stores subindustry, Nofoth Food Products 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.

Nofoth Food Products Co's Net Margin % Distribution in the Retail - Defensive Industry

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

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

Nofoth Food Products 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.

Nofoth Food Products 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 )
	=	42.671	/	308.19
	=	13.85 %

Nofoth Food Products Co'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 )
	=	20.619	/	152.569
	=	13.51 %

Nofoth Food Products Co (SAU:9556) 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.

Nofoth Food Products Co Net Margin % Related Terms

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Nofoth Food Products Co (SAU:9556) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Nofoth Food Products Co (SAU:9556) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Abu Bakr Al-Siddiq Road, Al-Nuzha, P.O. Box 30, Riyadh, SAU, 12471

Website

https://www.nofoth.com

Nofoth Food Products Co manufactures bread and its products through automated bakeries. It manufactures pies of all kinds and popular and oriental sweets of all kinds. The firm also retails bakery products and sugary sweets, nuts, coffee, and spices, dry food stores, restaurants with service, and activities caterers who provide food services.

Nofoth Food Products Co (SAU:9556) Headlines

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