Formul Plastik Ve Metalnayi AS (IST:FRMPL) Pretax Margin %: 4.92% (As of Dec. 2024) — 61% Below Median


IST:FRMPL Formul Plastik Ve Metal Sanayi AS IST:FRMPL
22 GF Score
Price ₺35.00
! 1 Warning Sign
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What is Formul Plastik Ve Metalnayi AS Pretax Margin %?

Formul Plastik Ve Metalnayi AS IST:FRMPL -1.63% 22 Pretax Margin % is 4.92% as of Dec. 2024, which is 61% below its 10-year median of 12.55. GuruFocus rates IST:FRMPL with a GF Score™ of 22/100. The stock has 1 warning sign investors should review. Among 403 Building Materials companies, Formul Plastik Ve Metalnayi AS ranks worse than 54.09% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Formul Plastik Ve Metalnayi AS's Pre-Tax Income for the six months ended in Dec. 2024 was ₺174 Mil. Formul Plastik Ve Metalnayi AS's Revenue for the six months ended in Dec. 2024 was ₺3,539 Mil. Therefore, Formul Plastik Ve Metalnayi AS's pretax margin for the quarter that ended in Dec. 2024 was 4.92%.

The historical rank and industry rank for Formul Plastik Ve Metalnayi AS's Pretax Margin % or its related term are showing as below:

IST:FRMPL' s Pretax Margin % Range Over the Past 10 Years
Min: 4.92   Med: 12.55   Max: 12.86
Current: 4.92


IST:FRMPL's Pretax Margin % is ranked worse than
54.09% of 403 companies
in the Building Materials industry
Industry Median: 5.94 vs IST:FRMPL: 4.92

Formul Plastik Ve Metalnayi AS  (IST:FRMPL) 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.


Formul Plastik Ve Metalnayi AS Pretax Margin % Related Terms


Formul Plastik Ve Metalnayi AS Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Formul Plastik Ve Metalnayi AS'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.

Formul Plastik Ve Metalnayi AS Pretax Margin % Chart

Formul Plastik Ve Metalnayi AS Annual Data
Trend Dec22 Dec23 Dec24
Pretax Margin %
12.55 12.86 4.92

Formul Plastik Ve Metalnayi AS Semi-Annual Data
Dec22 Dec23 Dec24
Pretax Margin % 12.55 12.86 4.92

IST:FRMPL vs CRH, VMC, MLM: Pretax Margin % Comparison

For the Building Materials subindustry, Formul Plastik Ve Metalnayi AS'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.


Formul Plastik Ve Metalnayi AS Pretax Margin % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Formul Plastik Ve Metalnayi AS's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Formul Plastik Ve Metalnayi AS's Pretax Margin % falls into.


IST:FRMPL
22GF Score
Formul Plastik Ve Metal Sanayi AS IST:FRMPL
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Formul Plastik Ve Metalnayi AS 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.

Formul Plastik Ve Metalnayi AS's Pretax Margin for the fiscal year that ended in Dec. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2024 )/Revenue (A: Dec. 2024 )
=173.994/3539.18
=4.92 %

Formul Plastik Ve Metalnayi AS's Pretax Margin for the quarter that ended in Dec. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2024 )/Revenue (Q: Dec. 2024 )
=173.994/3539.18
=4.92 %

* 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 4.92% mean?
Formul Plastik Ve Metalnayi AS (IST:FRMPL) has a Pretax Margin % of 4.92% as of Dec. 2024. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Formul Plastik Ve Metalnayi AS and its competitors. This is 61% below median its historical median of 12.55. Over the past decade, Formul Plastik Ve Metalnayi AS's Pretax Margin % has ranged from 4.92 to 12.86. According to the industry distribution chart, Formul Plastik Ve Metalnayi AS ranks #218 out of 403 companies in the Building Materials industry, placing it in the top 54.1%.
Is Formul Plastik Ve Metalnayi AS's Pretax Margin % too high?
Formul Plastik Ve Metalnayi AS's current Pretax Margin % of 4.92% is 61% below median its 10-year median of 12.55. Over the past 10 years, this metric has ranged from a low of 4.92 to a high of 12.86. The Building Materials industry median Pretax Margin % is 5.94. Formul Plastik Ve Metalnayi AS's value of 4.92% is 17.2% below this industry median. Based on the distribution chart, Formul Plastik Ve Metalnayi AS ranks #218 out of 403 companies in the Building Materials industry, which is below the industry midpoint. Overall, Formul Plastik Ve Metalnayi AS has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Formul Plastik Ve Metalnayi AS's Pretax Margin % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Formul Plastik Ve Metalnayi AS ranks #218 out of 403 companies for Pretax Margin %. This places Formul Plastik Ve Metalnayi AS in the lower half of its industry. The industry median Pretax Margin % is 5.94. Formul Plastik Ve Metalnayi AS's value of 4.92% is 17.2% below this benchmark. Historically, Formul Plastik Ve Metalnayi AS's own Pretax Margin % has ranged from 4.92 to 12.86 over the past decade. While the company's 10-year median is 12.55 vs. the industry median of 5.94, Formul Plastik Ve Metalnayi AS has consistently been below the industry average. 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 Building Materials company?
The median Pretax Margin % among Building Materials companies is 5.94, based on 403 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. Formul Plastik Ve Metalnayi AS's current Pretax Margin % of 4.92% is 17.2% below the industry median. 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 Formul Plastik Ve Metalnayi AS and its competitors. For the Building Materials industry, the median Pretax Margin % is 5.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Formul Plastik Ve Metalnayi AS's current Pretax Margin % is 4.92%, which is 61% below median its own 10-year median of 12.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formul Plastik Ve Metalnayi AS stock overvalued right now?
Formul Plastik Ve Metalnayi AS (IST:FRMPL) has a current Pretax Margin % of 4.92%. The current Pretax Margin % is 4.92%, which is 61% below median its 10-year median of 12.55 and 17.2% below the Building Materials industry median of 5.94. Formul Plastik Ve Metalnayi AS's overall GF Score™ is 22/100 with 1 warning sign to review. 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 Formul Plastik Ve Metalnayi AS (IST:FRMPL), the current Pretax Margin % is 4.92% as of Dec. 2024. 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.

Formul Plastik Ve Metalnayi AS Business Description

Address Gurpinar Yolu Caddesi, Cumhuriyet Mahallesi, Kaya Milenyum Is Merkezi K:8 N:5A/144, Buyukcekmece, Istanbul, TUR
Formul Plastik Ve Metal Sanayi AS is engaged in manufacturing PP-R pipes and fittings, PVC pipes and fittings, and PE-RT pipes. It also produces brass inserts and fittings. The company operates under the brand names Formul, Aquapa, Foraqua, Aquaplast, and Aquapipe. Geographically, it serves Africa, CIS countries, Far East, Middle East and South America.
22GF Score

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