GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Cofle SpA (MIL:CFL) » Definitions » Operating Margin %

Cofle SpA (MIL:CFL) Operating Margin % : 12.44% (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Cofle SpA Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Cofle SpA's Operating Income for the six months ended in Dec. 2023 was €3.97 Mil. Cofle SpA's Revenue for the six months ended in Dec. 2023 was €31.91 Mil. Therefore, Cofle SpA's Operating Margin % for the quarter that ended in Dec. 2023 was 12.44%.

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

MIL:CFL' s Operating Margin % Range Over the Past 10 Years
Min: 10.33   Med: 12.91   Max: 19.32
Current: 10.76


MIL:CFL's Operating Margin % is ranked better than
78.98% of 1280 companies
in the Vehicles & Parts industry
Industry Median: 5.15 vs MIL:CFL: 10.76

Cofle SpA's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Cofle SpA's Operating Income for the six months ended in Dec. 2023 was €3.97 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was €6.71 Mil.


Cofle SpA Operating Margin % Historical Data

The historical data trend for Cofle SpA'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.

Cofle SpA Operating Margin % Chart

Cofle SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
10.33 12.91 19.32 14.88 10.76

Cofle SpA Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Operating Margin % Get a 7-Day Free Trial Premium Member Only 13.04 17.28 12.53 9.00 12.44

Competitive Comparison of Cofle SpA's Operating Margin %

For the Auto Parts subindustry, Cofle SpA'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.


Cofle SpA's Operating Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Cofle SpA's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Cofle SpA's Operating Margin % falls into.



Cofle SpA 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.

Cofle SpA's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=6.705 / 62.317
=10.76 %

Cofle SpA's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=3.969 / 31.907
=12.44 %

* 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.


Cofle SpA  (MIL:CFL) 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.


Cofle SpA Operating Margin % Related Terms

Thank you for viewing the detailed overview of Cofle SpA's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Cofle SpA (MIL:CFL) Business Description

Traded in Other Exchanges
Address
Via del Ghezzo, 54, Trezzo sullAdda, ITA, 20056
Cofle SpA designs, produces and sells worldwide control cables and remote control systems for the off-road vehicle, automotive, and automotive after-market sectors. It has two divisions: the Original Equipment Manufacturer (OEM) division through which it manufactures a wide range of highly customized products for customers who install the components on the products sold: through its products, the group deals with customers operating in the agricultural sector, earth-moving and commercial vehicles, and the premium automotive sector; and the After Market (AM) division which manufactures Cofle-branded components such as control cables, brake hoses or EPBs with the same quality as the original for the automotive sector.

Cofle SpA (MIL:CFL) Headlines

No Headlines