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Parkit Enterprise (Parkit Enterprise) Operating Margin % : 14.18% (As of Dec. 2023)


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What is Parkit Enterprise Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Parkit Enterprise's Operating Income for the three months ended in Dec. 2023 was $0.70 Mil. Parkit Enterprise's Revenue for the three months ended in Dec. 2023 was $4.95 Mil. Therefore, Parkit Enterprise's Operating Margin % for the quarter that ended in Dec. 2023 was 14.18%.

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

PKTEF' s Operating Margin % Range Over the Past 10 Years
Min: -420.93   Med: -55.23   Max: 14.11
Current: 14.11


PKTEF's Operating Margin % is ranked better than
50.93% of 1775 companies
in the Real Estate industry
Industry Median: 13.33 vs PKTEF: 14.11

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

Parkit Enterprise's Operating Income for the three months ended in Dec. 2023 was $0.70 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $2.43 Mil.

Warning Sign:

Parkit Enterprise Inc had lost money in 58% of the time over the past 12quarters.


Parkit Enterprise Operating Margin % Historical Data

The historical data trend for Parkit Enterprise'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.

Parkit Enterprise Operating Margin % Chart

Parkit Enterprise Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -412.20 - -55.24 -17.72 14.11

Parkit Enterprise Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -47.91 -0.85 16.04 20.26 14.18

Competitive Comparison of Parkit Enterprise's Operating Margin %

For the Real Estate Services subindustry, Parkit Enterprise'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.


Parkit Enterprise's Operating Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Parkit Enterprise's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Parkit Enterprise's Operating Margin % falls into.



Parkit Enterprise 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.

Parkit Enterprise'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 )
=2.433 / 17.238
=14.11 %

Parkit Enterprise'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 )
=0.701 / 4.945
=14.18 %

* 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.


Parkit Enterprise  (OTCPK:PKTEF) 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.


Parkit Enterprise Operating Margin % Related Terms

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


Parkit Enterprise (Parkit Enterprise) Business Description

Traded in Other Exchanges
Address
100 Canadian Road, Scarborough, ON, CAN, M1R 4Z5
Parkit Enterprise Inc is an industrial real estate platform. It is focused on the acquisition, growth, and management of strategically located industrial properties across key markets in Canada, with a focus on the Greater Toronto Area (GTA), Ottawa, and Montreal, to complement its parking assets across the United States. The Company operates in two reportable business segments: Investment Properties which involves the acquisition and management of income producing industrial properties across key markets in Canada. Parking Assets which involves the acquisition and management of income producing parking facilities across the United States.

Parkit Enterprise (Parkit Enterprise) Headlines

From GuruFocus

Parkit Enterprise Releases 2018 Annual Results

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Parkit Enterprise Releases Q1 2018 Results

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