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Envoy Textiles (DHA:ENVOYTEX) Profitability Rank : 10 (As of Mar. 2024)


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What is Envoy Textiles Profitability Rank?

Envoy Textiles has the Profitability Rank of 10. 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

Envoy Textiles's Operating Margin % for the quarter that ended in Mar. 2024 was 14.19%. As of today, Envoy Textiles's Piotroski F-Score is 6.


Competitive Comparison of Envoy Textiles's Profitability Rank

For the Textile Manufacturing subindustry, Envoy Textiles'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.


Envoy Textiles's Profitability Rank Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Envoy Textiles's Profitability Rank falls into.



Envoy Textiles 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.

Envoy Textiles has the Profitability Rank of 10. 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.

Envoy Textiles'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 )
=544.443 / 3836.816
=14.19 %

* 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

Envoy Textiles 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:

Envoy Textiles Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -3.4%.

4. Consistency of the profitability

5. Predictability Rank


Envoy Textiles Profitability Rank Related Terms

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Envoy Textiles (DHA:ENVOYTEX) Business Description

Traded in Other Exchanges
N/A
Address
18/E, Lake Circus, Kalabagan, Envoy Tower, West Panthapath, Dhaka, BGD, 1205
Envoy Textiles Ltd is a manufacturer of denim in Bangladesh. The company produces a range of denim products featuring a wide range of yarns and weaves in various shades of indigo and black. The company specializes in 4.5 oz to 14.75 oz ring and open-end denim and uses stretch, mill wash, and modern finishing processes. The product consists of cent percent cotton denim, overdyed denim fabric, flat/mercerized denim, coated denim, dual-core, blender, indigo, stretch denim fabric, vintage cross-hatch style denim fabric, natural denim, cotton/poly/spandex, performance denim, handloom/knit look, and tencel.

Envoy Textiles (DHA:ENVOYTEX) Headlines

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