GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nitcho Corp (TSE:2961) » Definitions » Net Margin %

Nitcho (TSE:2961) Net Margin % : 8.49% (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Nitcho Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Nitcho's Net Income for the three months ended in Mar. 2024 was 円590 Mil. Nitcho's Revenue for the three months ended in Mar. 2024 was 円6,948 Mil. Therefore, Nitcho's net margin for the quarter that ended in Mar. 2024 was 8.49%.

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

TSE:2961' s Net Margin % Range Over the Past 10 Years
Min: 1.33   Med: 1.88   Max: 3.38
Current: 3.38


TSE:2961's Net Margin % is ranked worse than
58.88% of 2969 companies
in the Industrial Products industry
Industry Median: 4.98 vs TSE:2961: 3.38

Nitcho Net Margin % Historical Data

The historical data trend for Nitcho'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.

Nitcho Net Margin % Chart

Nitcho Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23
Net Margin %
1.65 2.09 2.56 1.33 1.88

Nitcho Quarterly Data
Sep19 Sep20 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 5.80 -11.92 7.52 -7.83 8.49

Competitive Comparison of Nitcho's Net Margin %

For the Specialty Industrial Machinery subindustry, Nitcho'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.


Nitcho's Net Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nitcho's Net Margin % distribution charts can be found below:

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



Nitcho 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.

Nitcho's Net Margin for the fiscal year that ended in Sep. 2023 is calculated as

Net Margin=Net Income (A: Sep. 2023 )/Revenue (A: Sep. 2023 )
=332.269/17642.103
=1.88 %

Nitcho'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 )
=589.744/6947.875
=8.49 %

* 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.


Nitcho  (TSE:2961) 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.


Nitcho Net Margin % Related Terms

Thank you for viewing the detailed overview of Nitcho's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Nitcho Business Description

Traded in Other Exchanges
N/A
Address
3-15-8 Higashirokugo, Ota-ku, Tokyo, JPN, 144-8513
Nitcho Corp is engaged in the manufacturing and supplying for commercial kitchen equipment.

Nitcho Headlines

No Headlines