Newever Trade Wings (BOM:536644) Pretax Margin %: -0.38% (As of Sep. 2017)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Newever Trade Wings Pretax Margin %?

Newever Trade Wings BOM:536644 Pretax Margin % is -0.38% as of Sep. 2017.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Newever Trade Wings's Pre-Tax Income for the six months ended in Sep. 2017 was ₹-1.1 Mil. Newever Trade Wings's Revenue for the six months ended in Sep. 2017 was ₹290.0 Mil. Therefore, Newever Trade Wings's pretax margin for the quarter that ended in Sep. 2017 was -0.38%.

The historical rank and industry rank for Newever Trade Wings's Pretax Margin % or its related term are showing as below:


BOM:536644's Pretax Margin % is not ranked *
in the Steel industry.
Industry Median: 2.7
* Ranked among companies with meaningful Pretax Margin % only.

Newever Trade Wings  (BOM:536644) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.

Newever Trade Wings Pretax Margin % Related Terms

Newever Trade Wings Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Newever Trade Wings's Pretax 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.

Newever Trade Wings Pretax Margin % Chart

Newever Trade Wings Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17
Pretax Margin %
0.54 0.03 0.02 0.14 0.02

Newever Trade Wings Semi-Annual Data
Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.25 0.10 -0.05 -0.38

BOM:536644 vs ADMG: Pretax Margin % Comparison

For the Steel subindustry, Newever Trade Wings's Pretax Margin %, along with its competitors' market caps and Pretax 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.

Newever Trade Wings Pretax Margin % vs Steel Industry

For the Steel industry and Basic Materials sector, Newever Trade Wings's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Newever Trade Wings's Pretax Margin % falls into.


Newever Trade Wings Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Newever Trade Wings's Pretax Margin for the fiscal year that ended in Mar. 2017 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2017 )/Revenue (A: Mar. 2017 )
=0.172/709.394
=0.02 %

Newever Trade Wings's Pretax Margin for the quarter that ended in Sep. 2017 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2017 )/Revenue (Q: Sep. 2017 )
=-1.1/290
=-0.38 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of -0.38% mean?
Newever Trade Wings (BOM:536644) has a Pretax Margin % of -0.38% as of Sep. 2017. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Newever Trade Wings and its competitors.
Is Newever Trade Wings' Pretax Margin % too high?
Newever Trade Wings' current Pretax Margin % is -0.38%.
How does Newever Trade Wings' Pretax Margin % compare to ADMG?
Newever Trade Wings' Pretax Margin % of -0.38% can be compared against companies in the Steel industry. The industry median Pretax Margin % is 2.70. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Steel company?
The median Pretax Margin % among Steel companies is 2.70, based on 612 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Newever Trade Wings and its competitors. For the Steel industry, the median Pretax Margin % is 2.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Newever Trade Wings's current Pretax Margin % is -0.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newever Trade Wings stock overvalued right now?
Newever Trade Wings (BOM:536644) has a current Pretax Margin % of -0.38%. The current Pretax Margin % is -0.38%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Newever Trade Wings (BOM:536644), the current Pretax Margin % is -0.38% as of Sep. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Newever Trade Wings Business Description

Address 238B, A.J.C. Bose Road, Unit 4B, 4th Floor, Kolkata, WB, IND, 700020
Newever Trade Wings Ltd is an Indian company which is engaged in the business of trading in iron and steel and other related commodities. The company is involved in Wholesale Trade in Metal Channel, Joist, M.S. (Mild Steel) Angle, MS Sheet, TMT (thermomechanical treatment) Bar and other.