Novares Group (XPAR:NVS) Pretax Margin %: 3.58% (As of Jun. 2017)


What is Novares Group Pretax Margin %?

Novares Group XPAR:NVS Pretax Margin % is 3.58% as of Jun. 2017.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Novares Group's Pre-Tax Income for the six months ended in Jun. 2017 was €21.38 Mil. Novares Group's Revenue for the six months ended in Jun. 2017 was €598.05 Mil. Therefore, Novares Group's pretax margin for the quarter that ended in Jun. 2017 was 3.58%.

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


XPAR:NVS's Pretax Margin % is not ranked *
in the Vehicles & Parts industry.
Industry Median: 4.425
* Ranked among companies with meaningful Pretax Margin % only.

Novares Group  (XPAR:NVS) 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.

Novares Group Pretax Margin % Related Terms

Novares Group Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Novares 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.

Novares Group Pretax Margin % Chart

Novares Group Annual Data
Trend Dec16
Pretax Margin %
2.03

Novares Group Semi-Annual Data
Jun16 Dec16 Jun17
Pretax Margin % 1.60 2.48 3.58

XPAR:NVS vs : Pretax Margin % Comparison

For the Auto Parts subindustry, Novares 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.

Novares Group Pretax Margin % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Novares Group's Pretax Margin % distribution charts can be found below:

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


Novares 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.

Novares Group's Pretax Margin for the fiscal year that ended in Dec. 2016 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2016 )/Revenue (A: Dec. 2016 )
=22.144/1092.991
=2.03 %

Novares Group's Pretax Margin for the quarter that ended in Jun. 2017 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2017 )/Revenue (Q: Jun. 2017 )
=21.382/598.054
=3.58 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of 3.58% mean?
Novares Group (XPAR:NVS) has a Pretax Margin % of 3.58% as of Jun. 2017. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Novares Group and its competitors.
Is Novares Group's Pretax Margin % too high?
Novares Group's current Pretax Margin % is 3.58%. The Vehicles & Parts industry median Pretax Margin % is 4.43. Novares Group's value of 3.58% is 19.1% below this industry median.
How does Novares Group's Pretax Margin % compare to ?
Novares Group's Pretax Margin % of 3.58% can be compared against companies in the Vehicles & Parts industry. The industry median Pretax Margin % is 4.43. Novares Group's value of 3.58% is 19.1% below 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 Vehicles & Parts company?
The median Pretax Margin % among Vehicles & Parts companies is 4.43, based on 1,322 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. Novares Group's current Pretax Margin % of 3.58% is 19.1% below 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 Novares Group and its competitors. For the Vehicles & Parts industry, the median Pretax Margin % is 4.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Novares Group's current Pretax Margin % is 3.58%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novares Group stock overvalued right now?
Novares Group (XPAR:NVS) has a current Pretax Margin % of 3.58%. The current Pretax Margin % is 3.58% and 19.1% below the Vehicles & Parts industry median of 4.43. 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 Novares Group (XPAR:NVS), the current Pretax Margin % is 3.58% as of Jun. 2017. 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.

Novares Group Business Description

Comparable Companies
Address 361 avenue du General de Gaulle, Clamart, Paris, FRA, FR-92140
Novares Group SA is a plastic solutions provider that designs and manufactures complex components and systems serving the automotive industry. The company designs and produces automotive parts and specializes in technical plastic injection for automobiles. Its product portfolio consists of Engine Components, Bezels and Clusters, Air Vents and Decoration Trims, Interior and Car Body Trim, Handles, Exterior Paint and Surfaces, and E-Powertrain Components.