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Grand Harbour Marina (MAL:GHM) Operating Margin % : 32.47% (As of Jun. 2023)


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What is Grand Harbour Marina Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Grand Harbour Marina's Operating Income for the six months ended in Jun. 2023 was €0.68 Mil. Grand Harbour Marina's Revenue for the six months ended in Jun. 2023 was €2.08 Mil. Therefore, Grand Harbour Marina's Operating Margin % for the quarter that ended in Jun. 2023 was 32.47%.

Good Sign:

Grand Harbour Marina PLC operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Grand Harbour Marina's Operating Margin % or its related term are showing as below:

MAL:GHM' s Operating Margin % Range Over the Past 10 Years
Min: 19.55   Med: 29.17   Max: 40.87
Current: 34.18


MAL:GHM's Operating Margin % is ranked better than
94.02% of 820 companies
in the Travel & Leisure industry
Industry Median: 8.27 vs MAL:GHM: 34.18

Grand Harbour Marina's 5-Year Average Operating Margin % Growth Rate was 4.60% per year.

Grand Harbour Marina's Operating Income for the six months ended in Jun. 2023 was €0.68 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2023 was €1.46 Mil.


Grand Harbour Marina Operating Margin % Historical Data

The historical data trend for Grand Harbour Marina'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.

Grand Harbour Marina Operating Margin % Chart

Grand Harbour Marina Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.06 33.33 40.87 35.05 34.19

Grand Harbour Marina Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 35.43 34.61 32.13 35.80 32.47

Competitive Comparison of Grand Harbour Marina's Operating Margin %

For the Leisure subindustry, Grand Harbour Marina'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.


Grand Harbour Marina's Operating Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Grand Harbour Marina's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Grand Harbour Marina's Operating Margin % falls into.



Grand Harbour Marina 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.

Grand Harbour Marina's Operating Margin % for the fiscal year that ended in Dec. 2022 is calculated as

Operating Margin %=Operating Income (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=1.334 / 3.902
=34.19 %

Grand Harbour Marina's Operating Margin % for the quarter that ended in Jun. 2023 is calculated as

Operating Margin %=Operating Income (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=0.675 / 2.079
=32.47 %

* 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.


Grand Harbour Marina  (MAL:GHM) 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.


Grand Harbour Marina Operating Margin % Related Terms

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Grand Harbour Marina (MAL:GHM) Business Description

Traded in Other Exchanges
N/A
Address
Vittoriosa Wharf, Vittoriosa, MLT, BRG 1721
Grand Harbour Marina PLC is a Malta-based marina company. The principal business activities of the company and its joint venture are the acquisition, development, operation, and management of marinas. The group has two reportable segments, Grand Harbour Marina and IC Cesme Marina. The business operates in each of these two operating segments in the ownership and operation of marina facilities providing berthing and ancillary services for yachts and super-yachts. It generates maximum revenue from the Grand Harbour Marina segment.

Grand Harbour Marina (MAL:GHM) Headlines