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Elos Medtech AB (LTS:0IZX) Operating Margin % : 12.62% (As of Sep. 2023)


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What is Elos Medtech AB Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Elos Medtech AB's Operating Income for the three months ended in Sep. 2023 was kr31.7 Mil. Elos Medtech AB's Revenue for the three months ended in Sep. 2023 was kr251.2 Mil. Therefore, Elos Medtech AB's Operating Margin % for the quarter that ended in Sep. 2023 was 12.62%.

Good Sign:

Elos Medtech AB operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Elos Medtech AB's Operating Margin % or its related term are showing as below:

LTS:0IZX' s Operating Margin % Range Over the Past 10 Years
Min: 3.99   Med: 7.46   Max: 13.58
Current: 13.47


LTS:0IZX's Operating Margin % is not ranked
in the Medical Devices & Instruments industry.
Industry Median: 0.66 vs LTS:0IZX: 13.47

Elos Medtech AB's 5-Year Average Operating Margin % Growth Rate was 14.10% per year.

Elos Medtech AB's Operating Income for the three months ended in Sep. 2023 was kr31.7 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2023 was kr106.2 Mil.


Elos Medtech AB Operating Margin % Historical Data

The historical data trend for Elos Medtech AB's Operating 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.

Elos Medtech AB Operating Margin % Chart

Elos Medtech AB Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.43 6.16 9.40 11.09 13.58

Elos Medtech AB Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23
Operating 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 16.22 16.33 16.62 11.16 12.62

Competitive Comparison of Elos Medtech AB's Operating Margin %

For the Medical Instruments & Supplies subindustry, Elos Medtech AB's Operating Margin %, along with its competitors' market caps and Operating 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.


Elos Medtech AB's Operating Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Elos Medtech AB's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Elos Medtech AB's Operating Margin % falls into.



Elos Medtech AB Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Elos Medtech AB's Operating Margin % for the fiscal year that ended in Dec. 2021 is calculated as

Operating Margin %=Operating Income (A: Dec. 2021 ) / Revenue (A: Dec. 2021 )
=98.245 / 723.581
=13.58 %

Elos Medtech AB's Operating Margin % for the quarter that ended in Sep. 2023 is calculated as

Operating Margin %=Operating Income (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=31.7 / 251.2
=12.62 %

* 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.


Elos Medtech AB  (LTS:0IZX) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Elos Medtech AB Operating Margin % Related Terms

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Elos Medtech AB (LTS:0IZX) Business Description

Traded in Other Exchanges
N/A
Address
Torsgatan 5B, Gothenburg, SWE, 411 04
Elos Medtech AB operates in the medical technology business. It develops and produces medical technology products and components. The company operates through three business segments including Dental, Orthopedics, and Life science. Some of its products include Implants, Screws, Plates, Prosthetics, and Drills.

Elos Medtech AB (LTS:0IZX) Headlines

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