GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Accordant Group Ltd (NZSE:AGL) » Definitions » Operating Margin %

Accordant Group (NZSE:AGL) Operating Margin % : -0.57% (As of Sep. 2024)


View and export this data going back to 2005. Start your Free Trial

What is Accordant Group Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Accordant Group's Operating Income for the six months ended in Sep. 2024 was NZ$-0.5 Mil. Accordant Group's Revenue for the six months ended in Sep. 2024 was NZ$88.9 Mil. Therefore, Accordant Group's Operating Margin % for the quarter that ended in Sep. 2024 was -0.57%.

Warning Sign:

Accordant Group Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -12.2%.

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

NZSE:AGL' s Operating Margin % Range Over the Past 10 Years
Min: -0.94   Med: 2.97   Max: 8.7
Current: -0.94


NZSE:AGL's Operating Margin % is ranked worse than
79.73% of 1046 companies
in the Business Services industry
Industry Median: 6.25 vs NZSE:AGL: -0.94

Accordant Group's 5-Year Average Operating Margin % Growth Rate was -12.20% per year.

Accordant Group's Operating Income for the six months ended in Sep. 2024 was NZ$-0.5 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2024 was NZ$-1.8 Mil.


Accordant Group Operating Margin % Historical Data

The historical data trend for Accordant Group'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.

Accordant Group Operating Margin % Chart

Accordant Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.27 8.70 3.00 2.28 0.78

Accordant Group Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 2.94 1.50 2.62 -1.27 -0.57

Competitive Comparison of Accordant Group's Operating Margin %

For the Staffing & Employment Services subindustry, Accordant Group'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.


Accordant Group's Operating Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Accordant Group's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Accordant Group's Operating Margin % falls into.



Accordant Group 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.

Accordant Group's Operating Margin % for the fiscal year that ended in Mar. 2024 is calculated as

Operating Margin %=Operating Income (A: Mar. 2024 ) / Revenue (A: Mar. 2024 )
=1.659 / 212.385
=0.78 %

Accordant Group's Operating Margin % for the quarter that ended in Sep. 2024 is calculated as

Operating Margin %=Operating Income (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=-0.504 / 88.909
=-0.57 %

* 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.


Accordant Group  (NZSE:AGL) 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.


Accordant Group Operating Margin % Related Terms

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


Accordant Group Business Description

Traded in Other Exchanges
N/A
Address
51 Shortland Street, Level 6, Auckland, NTL, NZL, 1010
Accordant Group Ltd is a recruitment and staffing provider company. The group has two reportable segments: AWF and The Work Collective, and Madison, Absolute IT, JacksonStone & Partners and Hobson Leavy. The AWF brands derive their revenues from temporary staffing services to the industry. The Madison, Absolute IT, JacksonStone & Partners and Hobson Leavy brands, which are the key revenue drivers, generate revenue from the temporary, contract, permanent and executive search, principally in the commerce sector.