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Vimi Fasteners SpA (MIL:VIM) Pretax Margin % : 1.90% (As of Jun. 2024)


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What is Vimi Fasteners SpA Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Vimi Fasteners SpA's Pre-Tax Income for the six months ended in Jun. 2024 was €0.56 Mil. Vimi Fasteners SpA's Revenue for the six months ended in Jun. 2024 was €29.47 Mil. Therefore, Vimi Fasteners SpA's pretax margin for the quarter that ended in Jun. 2024 was 1.90%.

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

MIL:VIM' s Pretax Margin % Range Over the Past 10 Years
Min: -2.15   Med: 3.28   Max: 5.01
Current: 0.94


MIL:VIM's Pretax Margin % is ranked worse than
73.22% of 2984 companies
in the Industrial Products industry
Industry Median: 6.445 vs MIL:VIM: 0.94

Vimi Fasteners SpA Pretax Margin % Historical Data

The historical data trend for Vimi Fasteners SpA'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.

* Premium members only.

Vimi Fasteners SpA Pretax Margin % Chart

Vimi Fasteners SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.15 5.01 3.74 3.72 0.94

Vimi Fasteners SpA Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 5.48 4.87 2.52 1.90 -0.13

Competitive Comparison of Vimi Fasteners SpA's Pretax Margin %

For the Tools & Accessories subindustry, Vimi Fasteners SpA'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.


Vimi Fasteners SpA's Pretax Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Vimi Fasteners SpA's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Vimi Fasteners SpA's Pretax Margin % falls into.


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Vimi Fasteners SpA 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.

Vimi Fasteners SpA'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 )
=2.2/59.169
=3.72 %

Vimi Fasteners SpA'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 )
=0.56/29.467
=1.90 %

* 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.


Vimi Fasteners SpA  (MIL:VIM) 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.


Vimi Fasteners SpA Pretax Margin % Related Terms

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Vimi Fasteners SpA Business Description

Traded in Other Exchanges
N/A
Address
Via Labriola, 19, Reggio Emilia, Novellara, ITA, 42017
Vimi Fasteners SpA is an Italian company that manufactures and markets fasteners and mechanical components for the automotive, industrial engine, agricultural infrastructure, oil and gas, and renewable energy sectors. The different products offered by the company include connecting rod screws, screws and studs for braking systems, turbocharger screws and shafts, pins, wheel hubs, and others. Geographically, the company generates maximum revenue from the European Union (EU) countries, followed by Italy, the United States and Canada, and other regions.

Vimi Fasteners SpA Headlines

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