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Turners Automotive Group (ASX:TRA) Net Margin % : 13.84% (As of Sep. 2023)


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What is Turners Automotive Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Turners Automotive Group's Net Income for the six months ended in Sep. 2023 was A$17.1 Mil. Turners Automotive Group's Revenue for the six months ended in Sep. 2023 was A$123.4 Mil. Therefore, Turners Automotive Group's net margin for the quarter that ended in Sep. 2023 was 13.84%.

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

ASX:TRA' s Net Margin % Range Over the Past 10 Years
Min: 7.88   Med: 11.2   Max: 38.61
Current: 8.35


ASX:TRA's Net Margin % is ranked better than
77.57% of 1284 companies
in the Vehicles & Parts industry
Industry Median: 3.385 vs ASX:TRA: 8.35

Turners Automotive Group Net Margin % Historical Data

The historical data trend for Turners Automotive Group'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.

Turners Automotive Group Net Margin % Chart

Turners Automotive Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.25 7.88 11.29 11.05 8.37

Turners Automotive Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 12.51 9.71 14.76 5.66 13.84

Competitive Comparison of Turners Automotive Group's Net Margin %

For the Auto & Truck Dealerships subindustry, Turners Automotive Group'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.


Turners Automotive Group's Net Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Turners Automotive Group's Net Margin % distribution charts can be found below:

* The bar in red indicates where Turners Automotive Group's Net Margin % falls into.



Turners Automotive Group 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.

Turners Automotive Group's Net Margin for the fiscal year that ended in Mar. 2023 is calculated as

Net Margin=Net Income (A: Mar. 2023 )/Revenue (A: Mar. 2023 )
=30.282/361.74
=8.37 %

Turners Automotive Group's Net Margin for the quarter that ended in Sep. 2023 is calculated as

Net Margin=Net Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=17.079/123.406
=13.84 %

* 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.


Turners Automotive Group  (ASX:TRA) 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.


Turners Automotive Group Net Margin % Related Terms

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Turners Automotive Group (ASX:TRA) Business Description

Traded in Other Exchanges
Address
Level 5, 70 Shortland Street, PO Box 1232, Auckland, NZL, 1140
Turners Automotive Group Ltd is an integrated financial services group, primarily operating in the automotive sector. Business activity generally functions through Automotive Retail, Finance, Insurance, Credit management, Corporate, and Others. The company derives the majority of its revenue from Automotive retail which is engaged in remarketing (motor vehicles, trucks, heavy machinery, and commercial goods) and purchasing goods for sale and related asset-based finance to consumers. Geographically the group's business activities are located in New Zealand and Australia.

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