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Fortress Minerals (SGX:OAJ) Pretax Margin % : 34.58% (As of Aug. 2023)


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What is Fortress Minerals Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Fortress Minerals's Pre-Tax Income for the three months ended in Aug. 2023 was S$8.09 Mil. Fortress Minerals's Revenue for the three months ended in Aug. 2023 was S$23.39 Mil. Therefore, Fortress Minerals's pretax margin for the quarter that ended in Aug. 2023 was 34.58%.

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

SGX:OAJ' s Pretax Margin % Range Over the Past 10 Years
Min: 25.72   Med: 34.9   Max: 48.95
Current: 27.09


SGX:OAJ's Pretax Margin % is ranked better than
94.85% of 602 companies
in the Steel industry
Industry Median: 3.495 vs SGX:OAJ: 27.09

Fortress Minerals Pretax Margin % Historical Data

The historical data trend for Fortress Minerals'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.

Fortress Minerals Pretax Margin % Chart

Fortress Minerals Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only 36.79 48.95 43.02 32.79 25.72

Fortress Minerals Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Feb24
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 31.56 13.69 25.54 34.58 -

Competitive Comparison of Fortress Minerals's Pretax Margin %

For the Steel subindustry, Fortress Minerals'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.


Fortress Minerals's Pretax Margin % Distribution in the Steel Industry

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

* The bar in red indicates where Fortress Minerals's Pretax Margin % falls into.



Fortress Minerals 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.

Fortress Minerals's Pretax Margin for the fiscal year that ended in Feb. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Feb. 2024 )/Revenue (A: Feb. 2024 )
=18.656/72.524
=25.72 %

Fortress Minerals's Pretax Margin for the quarter that ended in Aug. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Aug. 2023 )/Revenue (Q: Aug. 2023 )
=8.09/23.392
=34.58 %

* 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.


Fortress Minerals  (SGX:OAJ) 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.


Fortress Minerals Pretax Margin % Related Terms

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Fortress Minerals (SGX:OAJ) Business Description

Traded in Other Exchanges
N/A
Address
9-1, Jalan PJS 8/18, Dataran Mentari, Petaling Jaya, SGR, MYS, 46150
Fortress Minerals Ltd is an iron ore concentrate miner and exporter in Malaysia. The company engages in exploration, mining, production, and sale of iron ore with low level of impurities. It mines the iron ore from its East, Valley and West Deposits of Bukit Besi Mine situated in the district of Dungun, state of Terengganu in Malaysia. It derives revenue from sale of iron ore.

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