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Italtile (JSE:ITE) Net Margin % : 16.90% (As of Dec. 2023)


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What is Italtile Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Italtile's Net Income for the six months ended in Dec. 2023 was R811 Mil. Italtile's Revenue for the six months ended in Dec. 2023 was R4,798 Mil. Therefore, Italtile's net margin for the quarter that ended in Dec. 2023 was 16.90%.

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

JSE:ITE' s Net Margin % Range Over the Past 10 Years
Min: 14.41   Med: 18.78   Max: 23.02
Current: 16.16


JSE:ITE's Net Margin % is ranked better than
95.41% of 1110 companies
in the Retail - Cyclical industry
Industry Median: 2 vs JSE:ITE: 16.16

Italtile Net Margin % Historical Data

The historical data trend for Italtile'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.

Italtile Net Margin % Chart

Italtile Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.96 14.41 18.81 20.60 17.57

Italtile Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 21.29 19.81 19.47 15.31 16.90

Competitive Comparison of Italtile's Net Margin %

For the Home Improvement Retail subindustry, Italtile'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.


Italtile's Net Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Italtile's Net Margin % distribution charts can be found below:

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



Italtile 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.

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

Net Margin=Net Income (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=1605/9136
=17.57 %

Italtile'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 )
=811/4798
=16.90 %

* 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.


Italtile  (JSE:ITE) 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.


Italtile Net Margin % Related Terms

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Italtile (JSE:ITE) Business Description

Traded in Other Exchanges
N/A
Address
Corner William Nicol Drive and Peter Place, The Italtile Building, Bryanston, Johannesburg, GT, ZAF, 2021
Italtile Ltd is a South Africa-based retailer of imported and local ceramic tiles, bathroom accessories, and related products. Its core business segments into five areas: retail, franchising, properties, manufacturing, and supply and support services. The company's four brands - Italtile, CTM, topT, and U-Light -provide tiles, bath fixtures, home finishing products, lighting, and other accessories. Its manufacturing includes the production of tiles, sanitaryware, baths, adhesive and related products. Italtile derives the majority of its pretax profit from South Africa, predominantly from its retail segment and secondarily from its manufacturing operations.

Italtile (JSE:ITE) Headlines

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