GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Koza Altin Izletmeleri AS (IST:KOZAL) » Definitions » Operating Margin %

Koza Altin Izletmeleri AS (IST:KOZAL) Operating Margin % : 42.38% (As of Sep. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Koza Altin Izletmeleri AS Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Koza Altin Izletmeleri AS's Operating Income for the three months ended in Sep. 2023 was ₺861 Mil. Koza Altin Izletmeleri AS's Revenue for the three months ended in Sep. 2023 was ₺2,032 Mil. Therefore, Koza Altin Izletmeleri AS's Operating Margin % for the quarter that ended in Sep. 2023 was 42.38%.

Warning Sign:

Koza Altin Izletmeleri AS operating margin has been in a 5-year decline. The average rate of decline per year is -2.6%.

The historical rank and industry rank for Koza Altin Izletmeleri AS's Operating Margin % or its related term are showing as below:

IST:KOZAL' s Operating Margin % Range Over the Past 10 Years
Min: 21.58   Med: 49.19   Max: 64.93
Current: 21.58


IST:KOZAL's Operating Margin % is ranked better than
84.88% of 860 companies
in the Metals & Mining industry
Industry Median: 2.01 vs IST:KOZAL: 21.58

Koza Altin Izletmeleri AS's 5-Year Average Operating Margin % Growth Rate was -2.60% per year.

Koza Altin Izletmeleri AS's Operating Income for the three months ended in Sep. 2023 was ₺861 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2023 was ₺1,336 Mil.


Koza Altin Izletmeleri AS Operating Margin % Historical Data

The historical data trend for Koza Altin Izletmeleri AS'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.

Koza Altin Izletmeleri AS Operating Margin % Chart

Koza Altin Izletmeleri AS Annual Data
Trend Dec12 Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.32 56.81 52.37 44.96 40.57

Koza Altin Izletmeleri AS Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 45.45 35.85 -2.31 8.47 42.38

Competitive Comparison of Koza Altin Izletmeleri AS's Operating Margin %

For the Gold subindustry, Koza Altin Izletmeleri AS'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.


Koza Altin Izletmeleri AS's Operating Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Koza Altin Izletmeleri AS's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Koza Altin Izletmeleri AS's Operating Margin % falls into.



Koza Altin Izletmeleri AS 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.

Koza Altin Izletmeleri AS'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 )
=2327.504 / 5736.733
=40.57 %

Koza Altin Izletmeleri AS's Operating Margin % for the quarter that ended in Sep. 2023 is calculated as

Operating Margin %=Operating Income (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=861.248 / 2032.01
=42.38 %

* 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.


Koza Altin Izletmeleri AS  (IST:KOZAL) 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.


Koza Altin Izletmeleri AS Operating Margin % Related Terms

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


Koza Altin Izletmeleri AS (IST:KOZAL) Business Description

Traded in Other Exchanges
N/A
Address
?stanbul Yolu, 10.km, No:310, Bat?kent, Ankara, TUR
Koza Altin Izletmeleri AS is a Turkey-based gold production company. The company has over 200 exploration licenses throughout Turkey the Aegean and Marmara regions, the Black Sea region, and Central and Eastern Anatolia. The company owns four operating mines, including an underground mine at Ovacik, a mine in Cukuralan that utilises both underground and open pit mining methods, and an open pit mine at Kaymaz. The company also has feasibility stage projects located near Agri in northeast Turkey and projects in the middle of Turkey.

Koza Altin Izletmeleri AS (IST:KOZAL) Headlines

No Headlines