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Sierra Metals (TSX:SMT) Net Margin % : -22.63% (As of Dec. 2023)


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What is Sierra Metals Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Sierra Metals's Net Income for the three months ended in Dec. 2023 was C$-18.4 Mil. Sierra Metals's Revenue for the three months ended in Dec. 2023 was C$81.3 Mil. Therefore, Sierra Metals's net margin for the quarter that ended in Dec. 2023 was -22.63%.

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

TSX:SMT' s Net Margin % Range Over the Past 10 Years
Min: -52.96   Med: -5.34   Max: 9.49
Current: -8.08


TSX:SMT's Net Margin % is ranked worse than
58.54% of 861 companies
in the Metals & Mining industry
Industry Median: 0.26 vs TSX:SMT: -8.08

Sierra Metals Net Margin % Historical Data

The historical data trend for Sierra Metals'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.

Sierra Metals Net Margin % Chart

Sierra Metals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.93 9.49 -10.06 -52.96 -8.42

Sierra Metals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -69.12 3.51 2.61 -16.33 -22.63

Competitive Comparison of Sierra Metals's Net Margin %

For the Other Industrial Metals & Mining subindustry, Sierra Metals'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.


Sierra Metals's Net Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Sierra Metals's Net Margin % distribution charts can be found below:

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



Sierra Metals 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.

Sierra Metals'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 )
=-25.938/307.955
=-8.42 %

Sierra Metals'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 )
=-18.412/81.344
=-22.63 %

* 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.


Sierra Metals  (TSX:SMT) 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.


Sierra Metals Net Margin % Related Terms

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Sierra Metals (TSX:SMT) Business Description

Traded in Other Exchanges
Address
77 King Street West, Suite 400, Toronto, ON, CAN, M5K 0A1
Sierra Metals Inc is a precious and base metals producer in Peru and Mexico. The company acquires, explores, extracts, and produces mineral concentrates consisting of silver, copper, lead, zinc and gold. Sierra has interests in the Yauricocha Mine in Peru, and the Bolivar and Cusi Mines, Mexico. The majority of the revenue comes from selling the mineral concentrates to its customers in Peru.

Sierra Metals (TSX:SMT) Headlines