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Societe Tunisienne de Reassurance (XTUN:TRE) Net Margin % : 9.00% (As of Dec. 2023)


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What is Societe Tunisienne de Reassurance Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Societe Tunisienne de Reassurance's Net Income for the six months ended in Dec. 2023 was TND18.6 Mil. Societe Tunisienne de Reassurance's Revenue for the six months ended in Dec. 2023 was TND206.4 Mil. Therefore, Societe Tunisienne de Reassurance's net margin for the quarter that ended in Dec. 2023 was 9.00%.

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

XTUN:TRE' s Net Margin % Range Over the Past 10 Years
Min: 8.56   Med: 11.95   Max: 18.88
Current: 9


XTUN:TRE's Net Margin % is ranked better than
52.78% of 485 companies
in the Insurance industry
Industry Median: 8.33 vs XTUN:TRE: 9.00

Societe Tunisienne de Reassurance Net Margin % Historical Data

The historical data trend for Societe Tunisienne de Reassurance'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.

Societe Tunisienne de Reassurance Net Margin % Chart

Societe Tunisienne de Reassurance 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 8.56 9.28 11.67 11.60 9.00

Societe Tunisienne de Reassurance Semi-Annual Data
Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.56 9.28 11.67 11.60 9.00

Competitive Comparison of Societe Tunisienne de Reassurance's Net Margin %

For the Insurance - Reinsurance subindustry, Societe Tunisienne de Reassurance'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.


Societe Tunisienne de Reassurance's Net Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Societe Tunisienne de Reassurance's Net Margin % distribution charts can be found below:

* The bar in red indicates where Societe Tunisienne de Reassurance's Net Margin % falls into.


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Societe Tunisienne de Reassurance 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.

Societe Tunisienne de Reassurance'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 )
=18.578/206.395
=9.00 %

Societe Tunisienne de Reassurance'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 )
=18.578/206.395
=9.00 %

* 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.


Societe Tunisienne de Reassurance  (XTUN:TRE) 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.


Societe Tunisienne de Reassurance Net Margin % Related Terms

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Societe Tunisienne de Reassurance Business Description

Traded in Other Exchanges
N/A
Address
Avenue du Japon No. 12, P.O Box 29, Montplaisir, Tunis, TUN, 1073
Societe Tunisienne de Reassurance SA is engaged in the provision of the insurance services. The company offers various insurance products such as Fire, Miscellaneous and Technical Risks, engineering, Agricultural Risks, Marine & Energy, civil liability, accidents, civil and life insurances. In addition, it also provides transport corps, transportation faculties, energy and aviation insurance.

Societe Tunisienne de Reassurance Headlines

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