Net margin is calculated as Net Income divided by its Revenue. Solitron Devices's Net Income for the
three
months ended in Nov. 2023 was $0.09 Mil. Solitron Devices's Revenue for the
three
months ended in Nov. 2023 was $4.14 Mil. Therefore, Solitron Devices's net margin for the quarter that ended in Nov. 2023 was 2.08%.
The historical rank and industry rank for Solitron Devices's Net Margin % or its related term are showing as below:
SODI'
s Net Margin % Range Over the Past 10 Years
Min: -15.36 Med: 9.64 Max: 28.56
Current: 3.39
SODI's Net Margin % is ranked worse than 53.86% of 984
companies
in the Semiconductors industry
Industry Median: 4.455
vs SODI: 3.39
Solitron Devices Net Margin % Historical Data
The historical data trend for Solitron Devices'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.
For the Semiconductor Equipment & Materials subindustry, Solitron Devices'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.
Solitron Devices Net Margin % Distribution
For the Semiconductors industry and Technology sector, Solitron Devices's Net Margin % distribution charts can be found below:
* The bar in red indicates where Solitron Devices's Net Margin % falls into.
Solitron Devices 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.
Solitron Devices's Net Margin for the fiscal year that ended in Feb. 2023 is calculated as
* 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.
Solitron Devices (OTCPK:SODI) 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.
Solitron Devices Net Margin % Related Terms
Thank you for viewing the detailed overview of Solitron Devices's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Solitron Devices (Solitron Devices) Business Description
Solitron Devices Inc designs, develop, manufactures, and markets solid-state semiconductor components and related devices mainly for the military and aerospace markets. It manufactures a large variety of bipolar and metal oxide semiconductor (MOS) power transistors, power and control hybrids, junction and power MOS field-effect transistors (Power MOSFETS), field effect transistors, and other related products. It derives the majority of its revenues from its business operations in the United States, while it also holds a presence in Canada, Latin America, the Far East, and the Middle East.
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