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Test Rite International Co (TPE:2908) Profitability Rank : 6 (As of Mar. 2024)


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What is Test Rite International Co Profitability Rank?

Test Rite International Co has the Profitability Rank of 6.

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

Test Rite International Co's Operating Margin % for the quarter that ended in Mar. 2024 was 2.43%. As of today, Test Rite International Co's Piotroski F-Score is 5.


Competitive Comparison of Test Rite International Co's Profitability Rank

For the Home Improvement Retail subindustry, Test Rite International Co'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.


Test Rite International Co's Profitability Rank Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Test Rite International Co's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Test Rite International Co's Profitability Rank falls into.



Test Rite International Co 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.

Test Rite International Co has the Profitability Rank of 6.

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.

Test Rite International Co'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 )
=220.735 / 9088.357
=2.43 %

* 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

Test Rite International Co has an F-score of 5 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:

Test Rite International Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -10.5%.

4. Consistency of the profitability

5. Predictability Rank


Test Rite International Co Profitability Rank Related Terms

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Test Rite International Co (TPE:2908) Business Description

Traded in Other Exchanges
N/A
Address
No. 23, Hsin Hu 3rd Road, 6th Floor, Nai Hu District, Taipei, TWN, 114
Test Rite International Co Ltd is a Taiwan-based company that is principally engaged in trading business and retail business. The trading business consists of the import and export of household goods and licensing business, such as DIY hand tools, furniture, electrical appliances, and other household items, and this segment provides products for retailers in a worldwide, like Wal-Mart, Sam's Club, Target, Staples, Office Depot, and Carrefour. The retail business in Taiwan and mainland China refers to the sale and marketing of household items and services directly to consumers. The company also conducts product design, packaging design, as well as logistics and warehousing services. The trading business and retail business jointly account for the majority of the company's total revenue.

Test Rite International Co (TPE:2908) Headlines

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