EZZ Steel CoE (LSE:67NW) Pretax Margin %: 2.95% (As of Jun. 2024)


What is EZZ Steel CoE Pretax Margin %?

EZZ Steel CoE LSE:67NW 4 Pretax Margin % is 2.95% as of Jun. 2024. GuruFocus rates LSE:67NW with a GF Score™ of 4/100. The stock has 7 warning signs investors should review.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. EZZ Steel CoE's Pre-Tax Income for the three months ended in Jun. 2024 was £24.58 Mil. EZZ Steel CoE's Revenue for the three months ended in Jun. 2024 was £832.37 Mil. Therefore, EZZ Steel CoE's pretax margin for the quarter that ended in Jun. 2024 was 2.95%.

The historical rank and industry rank for EZZ Steel CoE's Pretax Margin % or its related term are showing as below:

LSE:67NW' s Pretax Margin % Range Over the Past 10 Years
Min: -17.52   Med: -0.58   Max: 10.63
Current: 2.29

LSE:67NW's Pretax Margin % is not ranked
in the Steel industry.
Industry Median: 2.585 vs LSE:67NW: 2.29

EZZ Steel CoE  (LSE:67NW) 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.

EZZ Steel CoE Pretax Margin % Related Terms

EZZ Steel CoE Pretax Margin % Historical Data

* Premium members only.

The historical data trend for EZZ Steel CoE'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.

EZZ Steel CoE Pretax Margin % Chart

EZZ Steel CoE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -17.52 -12.85 10.57 10.63 -0.69

EZZ Steel CoE Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Pretax 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 6.26 -4.28 3.16 6.31 2.95

LSE:67NW vs NUE, STLD, RS: Pretax Margin % Comparison

For the Steel subindustry, EZZ Steel CoE'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.

EZZ Steel CoE Pretax Margin % vs Steel Industry

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

* The bar in red indicates where EZZ Steel CoE's Pretax Margin % falls into.


EZZ Steel CoE 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.

EZZ Steel CoE's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-25.132/3652.467
=-0.69 %

EZZ Steel CoE's Pretax Margin for the quarter that ended in Jun. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=24.58/832.371
=2.95 %

* 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 2.95% mean?
EZZ Steel CoE (LSE:67NW) has a Pretax Margin % of 2.95% as of Jun. 2024. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on EZZ Steel CoE and its competitors.
Is EZZ Steel CoE's Pretax Margin % too high?
EZZ Steel CoE's current Pretax Margin % is 2.95%. The Steel industry median Pretax Margin % is 2.59. EZZ Steel CoE's value of 2.95% is 14.1% above this industry median. Overall, EZZ Steel CoE has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does EZZ Steel CoE's Pretax Margin % compare to NUE and STLD?
EZZ Steel CoE's Pretax Margin % of 2.95% can be compared against companies in the Steel industry. The industry median Pretax Margin % is 2.59. EZZ Steel CoE's value of 2.95% is 14.1% above this benchmark. 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 2.59, based on 610 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. EZZ Steel CoE's current Pretax Margin % of 2.95% is 14.1% above 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 EZZ Steel CoE and its competitors. For the Steel industry, the median Pretax Margin % is 2.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EZZ Steel CoE's current Pretax Margin % is 2.95%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EZZ Steel CoE stock overvalued right now?
EZZ Steel CoE (LSE:67NW) has a current Pretax Margin % of 2.95%. The current Pretax Margin % is 2.95% and 14.1% above the Steel industry median of 2.59. EZZ Steel CoE's overall GF Score™ is 4/100 with 7 warning signs 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 EZZ Steel CoE (LSE:67NW), the current Pretax Margin % is 2.95% as of Jun. 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.

EZZ Steel CoE Business Description

Address Cornich El-Nil, Four Seasons Nile Plaza, The Corporate Building, Garden City, Cairo, EGY, 1089
EZZ Steel Co SAE is an Egypt-based company that manufactures and distributes long and flat steel products. The company's long products, including rebar and wire rod, are employed in applications including concrete reinforcement bars, nails, bolts, tacks, welding tools, electrical components, wire mesh, and others. The company's flat products are applied in automotive components, suspension parts, wheels, containers, gas cylinders, and others.