MWG (Multi Ways Holdings) Pretax Margin % : 0.55% (As of Jun. 2024)

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What is Multi Ways Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Multi Ways Holdings's Pre-Tax Income for the six months ended in Jun. 2024 was $0.08 Mil. Multi Ways Holdings's Revenue for the six months ended in Jun. 2024 was $14.09 Mil. Therefore, Multi Ways Holdings's pretax margin for the quarter that ended in Jun. 2024 was 0.55%.

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

MWG' s Pretax Margin % Range Over the Past 10 Years
Min: 4.06 Med: 4.55 Max: 18.18
Current: 18.18

MWG's Pretax Margin % is ranked better than
84.13% of 1052 companies
in the Business Services industry
Industry Median: 5.7 vs MWG: 18.18

Multi Ways Holdings Pretax Margin % Historical Data

The historical data trend for Multi Ways Holdings'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.

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Multi Ways Holdings Pretax Margin % Chart

Multi Ways Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Pretax Margin %

4.42

6.08

4.06

4.68

Multi Ways Holdings Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Pretax Margin %	Get a 7-Day Free Trial			8.17	-0.46	-32.93	29.66	0.55

Competitive Comparison of Multi Ways Holdings's Pretax Margin %

For the Rental & Leasing Services subindustry, Multi Ways Holdings'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.

Multi Ways Holdings's Pretax Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Multi Ways Holdings's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Multi Ways Holdings's Pretax Margin % falls into.

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Multi Ways Holdings 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.

Multi Ways Holdings'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 )
	=	1.686	/	36.016
	=	4.68 %

Multi Ways Holdings'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 )
	=	0.078	/	14.091
	=	0.55 %

Multi Ways Holdings (AMEX:MWG) 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.

Multi Ways Holdings Pretax Margin % Related Terms

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Multi Ways Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Multi Ways Holdings Ltd (AMEX:MWG) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3E Gul Circle, Singapore, SGP, 629633

Website

https://www.multiways.com.sg

Multi Ways Holdings Ltd is a supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region. The wide variety of new and used heavy construction equipment for sale and rental by customers range from: earth-moving equipment such as bulldozers, off-terrain dump trucks, excavators and wheel loaders; material-handling equipment such as crawler cranes, rough terrain cranes, scissor lifts, forklifts, boom-lifts and telescopic handlers; road-building equipment such as motor graders, vibrating compactors, asphalt finishers, skid loaders, backhoe loaders, hand rollers and mini excavators; and generators and compressors, such as air compressors, generators, lighting towers and welding machines.