GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nuran Wireless Inc (OTCPK:NRRWF) » Definitions » Profitability Rank

Nuran Wireless (Nuran Wireless) Profitability Rank : 3 (As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Nuran Wireless Profitability Rank?

Nuran Wireless has the Profitability Rank of 3. It has had trouble to make a profit.

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

Nuran Wireless's Operating Margin % for the quarter that ended in Mar. 2024 was -245.86%. As of today, Nuran Wireless's Piotroski F-Score is 3.


Competitive Comparison of Nuran Wireless's Profitability Rank

For the Communication Equipment subindustry, Nuran Wireless'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.


Nuran Wireless's Profitability Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Nuran Wireless's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Nuran Wireless's Profitability Rank falls into.



Nuran Wireless 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.

Nuran Wireless has the Profitability Rank of 3. It has had trouble to make a profit.

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.

Nuran Wireless'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 )
=-1.04 / 0.423
=-245.86 %

* 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 3 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

Nuran Wireless has an F-score of 3. 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.

Warning Sign:

Nuran Wireless Inc operating margin has been in a 5-year decline. The average rate of decline per year is -48.5%.

4. Consistency of the profitability

5. Predictability Rank


Nuran Wireless Profitability Rank Related Terms

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


Nuran Wireless (Nuran Wireless) Business Description

Traded in Other Exchanges
Address
2150 Cyrille-Duquet Street, Suite 100, Quebec, QC, CAN, G1N 2G3
Nuran Wireless Inc is engaged in the Network as a Service (NAAS) business. The group operates in the research, development, manufacturing, marketing and operation of digital electronic circuits and wireless telecommunication products and offers services in the mobile telephony industry. It also provides products and services that help mobile network operators profitably serve off-grid markets that are currently not served. It has two reportable segments NaaS and Direct sales. The majority of the revenue is derived from Africa followed by Canada and so on.