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Candour Techtex (BOM:522292) Profitability Rank : 5 (As of Mar. 2024)


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What is Candour Techtex Profitability Rank?

Candour Techtex has the Profitability Rank of 5.

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

Candour Techtex's Operating Margin % for the quarter that ended in Mar. 2024 was -1.42%. As of today, Candour Techtex's Piotroski F-Score is 1.


Competitive Comparison of Candour Techtex's Profitability Rank

For the Specialty Industrial Machinery subindustry, Candour Techtex'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.


Candour Techtex's Profitability Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Candour Techtex's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Candour Techtex's Profitability Rank falls into.



Candour Techtex 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.

Candour Techtex has the Profitability Rank of 5.

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.

Candour Techtex's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=-5.995 / 421.672
=-1.42 %

* 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

Warning Sign:

Piotroski F-Score of 1 is low, which usually implies poor business operation.

The zones of discrimination were as such:

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

Candour Techtex has an F-score of 1. It is a bad or low score, which usually implies poor business operation.

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


Candour Techtex Profitability Rank Related Terms

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Candour Techtex (BOM:522292) Business Description

Traded in Other Exchanges
N/A
Address
52, S.K. Ahire Marg, 108/109, T.V. Industrial Estate, Worli, Mumbai, MH, IND, 400 030
Candour Techtex Ltd is an India-based textile machinery manufacturer of two-for-one twisting machines (TFO). In addition, it also manufactures velvet fabrics. The operating segments of the company are the Textile division; Plastic division, Trading Division and Technical Textiles Division. It derives maximum revenue from the Trading division. The organization also manufactures plastic crates and other allied plastic products. The company has business operations in India and internationally. Its product offerings comprise Die Casting machines, Injection Moulding Machines, and Rubber Injection Moulding machines, among others.

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