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Globe International (ASX:GLB) Profitability Rank : 8 (As of Dec. 2023)


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What is Globe International Profitability Rank?

Globe International has the Profitability Rank of 8. It has a higher profitability and may stay that way.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

Globe International's Operating Margin % for the quarter that ended in Dec. 2023 was 6.16%. As of today, Globe International's Piotroski F-Score is 6.


Competitive Comparison of Globe International's Profitability Rank

For the Apparel Manufacturing subindustry, Globe International's Profitability Rank, along with its competitors' market caps and Profitability Rank 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.


Globe International's Profitability Rank Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Globe International's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Globe International's Profitability Rank falls into.



Globe International Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Globe International has the Profitability Rank of 8. It has a higher profitability and may stay that way.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Globe International's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=6.652 / 107.96
=6.16 %

* 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.

2. Piotroski F-Score

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

Globe International has an F-score of 6 indicating the company's financial situation is typical for a stable company.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

Warning Sign:

Globe International Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -3.7%.

4. Consistency of the profitability

5. Predictability Rank


Globe International Profitability Rank Related Terms

Thank you for viewing the detailed overview of Globe International's Profitability Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Globe International (ASX:GLB) Business Description

Traded in Other Exchanges
N/A
Address
1 Fennell Street, Port Melbourne, Melbourne, VIC, AUS, 3207
Globe International Ltd is an Australia-based company that operates in the apparel business. The company is primarily engaged in the production and distribution of purpose-built apparel, footwear, and hard goods for the board sports, street fashion, and workwear markets. Its geographical segments include Australasia, North America, and Europe. The company derives a majority of its revenue from Australasia.

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