NovaBev Group (MIC:BELU) Pretax Margin %: 9.87% (As of Dec. 2023)

What is NovaBev Group Pretax Margin %?

NovaBev Group MIC:BELU -1.12% 17 Pretax Margin % is 9.87% as of Dec. 2023. GuruFocus rates MIC:BELU with a GF Score™ of 17/100.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. NovaBev Group's Pre-Tax Income for the six months ended in Dec. 2023 was ₽6,809 Mil. NovaBev Group's Revenue for the six months ended in Dec. 2023 was ₽68,954 Mil. Therefore, NovaBev Group's pretax margin for the quarter that ended in Dec. 2023 was 9.87%.

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

MIC:BELU's Pretax Margin % is not ranked ^*
in the Beverages - Alcoholic industry.
Industry Median: 5.99
* Ranked among companies with meaningful Pretax Margin % only.

NovaBev Group (MIC:BELU) 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.

NovaBev Group Pretax Margin % Related Terms

NovaBev Group Pretax Margin % Historical Data

* Premium members only.

The historical data trend for NovaBev Group'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.

NovaBev Group Pretax Margin % Chart

NovaBev Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pretax Margin %

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4.03

5.65

6.79

10.94

8.66

NovaBev Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Pretax Margin %	Get a 7-Day Free Trial															8.31	6.97	13.97	6.91	9.87

MIC:BELU vs BF.B: Pretax Margin % Comparison

For the Beverages - Wineries & Distilleries subindustry, NovaBev Group'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.

NovaBev Group Pretax Margin % vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, NovaBev Group's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where NovaBev Group's Pretax Margin % falls into.

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17GF Score

NovaBev Group MIC:BELU

Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.

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NovaBev Group 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.

NovaBev Group'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 )
	=	10120	/	116888
	=	8.66 %

NovaBev Group's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	6809	/	68954
	=	9.87 %

Frequently Asked Questions Learn more about Pretax Margin % →

What does a Pretax Margin % of 9.87% mean?

NovaBev Group (MIC:BELU) has a Pretax Margin % of 9.87% as of Dec. 2023. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on NovaBev Group and its competitors.

Is NovaBev Group's Pretax Margin % too high?

NovaBev Group's current Pretax Margin % is 9.87%. The Beverages - Alcoholic industry median Pretax Margin % is 5.99. NovaBev Group's value of 9.87% is 64.8% above this industry median. Overall, NovaBev Group has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.

How does NovaBev Group's Pretax Margin % compare to BF.B?

NovaBev Group's Pretax Margin % of 9.87% can be compared against companies in the Beverages - Alcoholic industry. The industry median Pretax Margin % is 5.99. NovaBev Group's value of 9.87% is 64.8% 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 Beverages - Alcoholic company?

The median Pretax Margin % among Beverages - Alcoholic companies is 5.99, based on 211 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. NovaBev Group's current Pretax Margin % of 9.87% is 64.8% 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 NovaBev Group and its competitors. For the Beverages - Alcoholic industry, the median Pretax Margin % is 5.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NovaBev Group's current Pretax Margin % is 9.87%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is NovaBev Group stock overvalued right now?

NovaBev Group (MIC:BELU) has a current Pretax Margin % of 9.87%. The current Pretax Margin % is 9.87% and 64.8% above the Beverages - Alcoholic industry median of 5.99. NovaBev Group's overall GF Score™ is 17/100. 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 NovaBev Group (MIC:BELU), the current Pretax Margin % is 9.87% as of Dec. 2023. 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.

NovaBev Group Business Description

Industry Consumer Defensive Beverages - Alcoholic

Comparable Companies SHSE:600519 SZSE:000858 LSE:DGE SHSE:600809 SZSE:000568 XPAR:RI BF.B SZSE:002304 SZSE:000596 BOM:532432 SGX:Y92 SHSE:603369 MIL:CPR SHSE:603198 ASX:TWE ASX:EDV SZSE:002568 BOM:532497 PHS:EMI MEX:CUERVO

Address 4, Yakimanskaya Embankment, Building 1, Moscow, RUS, 119180

Website https://www.novabev.com

NovaBev Group is a Russian alcohol and food products and operation of wholesale and retail business. It producer of vodka and distilled beverages, and is one of the main importers of spirits and wine in the country.

17GF Score

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