National Environmental Recycling Co (SAU:9540) Pretax Margin % : 3.05% (As of Jun. 2024)

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What is National Environmental Recycling Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. National Environmental Recycling Co's Pre-Tax Income for the six months ended in Jun. 2024 was ﷼12.1 Mil. National Environmental Recycling Co's Revenue for the six months ended in Jun. 2024 was ﷼396.9 Mil. Therefore, National Environmental Recycling Co's pretax margin for the quarter that ended in Jun. 2024 was 3.05%.

The historical rank and industry rank for National Environmental Recycling Co's Pretax Margin % or its related term are showing as below:

SAU:9540' s Pretax Margin % Range Over the Past 10 Years
Min: 3.46 Med: 5.51 Max: 8.43
Current: 3.46

SAU:9540's Pretax Margin % is ranked worse than
57.44% of 242 companies
in the Waste Management industry
Industry Median: 6.16 vs SAU:9540: 3.46

National Environmental Recycling Co Pretax Margin % Historical Data

The historical data trend for National Environmental Recycling Co'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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National Environmental Recycling Co Pretax Margin % Chart

National Environmental Recycling Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Pretax Margin %

8.43

5.51

4.11

National Environmental Recycling Co Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Pretax Margin %	Get a 7-Day Free Trial			5.62	5.40	4.42	3.89	3.05

Competitive Comparison of National Environmental Recycling Co's Pretax Margin %

For the Waste Management subindustry, National Environmental Recycling Co'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.

National Environmental Recycling Co's Pretax Margin % Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, National Environmental Recycling Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where National Environmental Recycling Co's Pretax Margin % falls into.

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National Environmental Recycling Co 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.

National Environmental Recycling Co'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 )
	=	25.963	/	631.909
	=	4.11 %

National Environmental Recycling Co'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 )
	=	12.105	/	396.891
	=	3.05 %

National Environmental Recycling Co (SAU:9540) 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.

National Environmental Recycling Co Pretax Margin % Related Terms

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National Environmental Recycling Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » National Environmental Recycling Co (SAU:9540) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

7330, Wadi Waj Road, P.O. Box 3431, Al Malqa District, Riyadh, SAU, 3431-13524

Website

http://www.tadweeer.com

National Environmental Recycling Co provides environmental and safe solutions for the recycling of electronic and electrical equipment, which is in the Middle East and North Africa. Its operational areas comprise Ferrous recycling operations, Non-Ferrous recycling operations, Plastics recycling operations, and ITAD operations. Its recycling categories consist of Consumer and lighting equipment, Home appliances and electrical devices, Computers and their peripherals, televisions, monitors, radios and telephones, Medical equipment, and Surveillance and control equipment, among others.

National Environmental Recycling Co Headlines

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