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OKANO VALVE MFG Co (TSE:6492) Net Margin % : 15.35% (As of Feb. 2024)


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What is OKANO VALVE MFG Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. OKANO VALVE MFG Co's Net Income for the three months ended in Feb. 2024 was 円241 Mil. OKANO VALVE MFG Co's Revenue for the three months ended in Feb. 2024 was 円1,570 Mil. Therefore, OKANO VALVE MFG Co's net margin for the quarter that ended in Feb. 2024 was 15.35%.

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

TSE:6492' s Net Margin % Range Over the Past 10 Years
Min: -14.76   Med: 3.76   Max: 12.33
Current: 12.33


TSE:6492's Net Margin % is ranked better than
80.84% of 2975 companies
in the Industrial Products industry
Industry Median: 5.2 vs TSE:6492: 12.33

OKANO VALVE MFG Co Net Margin % Historical Data

The historical data trend for OKANO VALVE MFG 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.

OKANO VALVE MFG Co Net Margin % Chart

OKANO VALVE MFG Co Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.76 5.89 5.18 7.01 9.41

OKANO VALVE MFG Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -8.76 13.48 9.54 11.50 15.35

Competitive Comparison of OKANO VALVE MFG Co's Net Margin %

For the Specialty Industrial Machinery subindustry, OKANO VALVE MFG 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.


OKANO VALVE MFG Co's Net Margin % Distribution in the Industrial Products Industry

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

* The bar in red indicates where OKANO VALVE MFG Co's Net Margin % falls into.



OKANO VALVE MFG 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.

OKANO VALVE MFG Co's Net Margin for the fiscal year that ended in Nov. 2023 is calculated as

Net Margin=Net Income (A: Nov. 2023 )/Revenue (A: Nov. 2023 )
=697/7407
=9.41 %

OKANO VALVE MFG Co's Net Margin for the quarter that ended in Feb. 2024 is calculated as

Net Margin=Net Income (Q: Feb. 2024 )/Revenue (Q: Feb. 2024 )
=241/1570
=15.35 %

* 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.


OKANO VALVE MFG Co  (TSE:6492) 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.


OKANO VALVE MFG Co Net Margin % Related Terms

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OKANO VALVE MFG Co (TSE:6492) Business Description

Traded in Other Exchanges
N/A
Address
1-14 Nakamachi, Moji-ku, Kitakyusyu, JPN, 800-8601
OKANO VALVE MFG.CO.LTD. is the diversified industrial equipment and components manufacturer in Japan. The principal business activities of the company are the production of various valves, machinery and equipment. The company offers globe valve, gate valve, check valve, drain valve, lining valve, among others. In addition, it is involved in the various iron and steel casting, forging as well as the sale of its products.

OKANO VALVE MFG Co (TSE:6492) Headlines

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