GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Vivara Participacoes SA (BSP:VIVA3) » Definitions » Operating Margin %

Vivara Participacoes (BSP:VIVA3) Operating Margin %

: 24.39% (As of Dec. 2023)
View and export this data going back to 2019. Start your Free Trial

Operating Margin % is calculated as Operating Income divided by its Revenue. Vivara Participacoes's Operating Income for the three months ended in Dec. 2023 was R$190 Mil. Vivara Participacoes's Revenue for the three months ended in Dec. 2023 was R$778 Mil. Therefore, Vivara Participacoes's Operating Margin % for the quarter that ended in Dec. 2023 was 24.39%.

Warning Sign:

Vivara Participacoes SA operating margin has been in a 5-year decline. The average rate of decline per year is -7.5%.

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

BSP:VIVA3' s Operating Margin % Range Over the Past 10 Years
Min: 19.58   Med: 20.48   Max: 38.92
Current: 19.79


BSP:VIVA3's Operating Margin % is ranked better than
94.39% of 1106 companies
in the Retail - Cyclical industry
Industry Median: 3.485 vs BSP:VIVA3: 19.79

Vivara Participacoes's 5-Year Average Operating Margin % Growth Rate was -7.50% per year.

Vivara Participacoes's Operating Income for the three months ended in Dec. 2023 was R$190 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was R$433 Mil.


Vivara Participacoes Operating Margin % Historical Data

The historical data trend for Vivara Participacoes'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.

Vivara Participacoes Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Premium Member Only Premium Member Only Premium Member Only 38.92 19.58 20.10 20.41 20.60

Vivara Participacoes Quarterly Data
Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating Margin % 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 Premium Member Only Premium Member Only Premium Member Only 28.17 12.29 22.55 15.03 24.39

Competitive Comparison

For the Luxury Goods subindustry, Vivara Participacoes'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.


Vivara Participacoes Operating Margin % Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Vivara Participacoes's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Vivara Participacoes's Operating Margin % falls into.



Vivara Participacoes 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.

Vivara Participacoes'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 )
=450.472 / 2186.975
=20.60 %

Vivara Participacoes'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 )
=189.765 / 778.128
=24.39 %

* 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.


Vivara Participacoes  (BSP:VIVA3) 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.


Vivara Participacoes Operating Margin % Related Terms

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


Vivara Participacoes (BSP:VIVA3) Business Description

Traded in Other Exchanges
N/A
Address
105, Arquiteto Olavo Redig de Campos Street, 15 floor Brooklin Paulista, Sao Paulo, SP, BRA, 04709-00
Vivara Participacoes SA is a Brazil-based company engaged in operating jewelry chain in Brazil. Its brands Vivara, Life by Vivara, Vivara Watches, Vivara Accessories e Vivara Fragrances are available at multiple sales points across the country. The firm operates business through stores, online sales and others. Substantial revenue is earned from the sales of Jewelry items.

Vivara Participacoes (BSP:VIVA3) Headlines

No Headlines