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Matrix Composites & Engineering (ASX:MCE) Profitability Rank : 3 (As of Dec. 2023)


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What is Matrix Composites & Engineering Profitability Rank?

Matrix Composites & Engineering 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

Matrix Composites & Engineering's Operating Margin % for the quarter that ended in Dec. 2023 was -12.78%. As of today, Matrix Composites & Engineering's Piotroski F-Score is 5.


Competitive Comparison of Matrix Composites & Engineering's Profitability Rank

For the Engineering & Construction subindustry, Matrix Composites & Engineering'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.


Matrix Composites & Engineering's Profitability Rank Distribution in the Construction Industry

For the Construction industry and Industrials sector, Matrix Composites & Engineering's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Matrix Composites & Engineering's Profitability Rank falls into.



Matrix Composites & Engineering 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.

Matrix Composites & Engineering 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.

Matrix Composites & Engineering'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 )
=-3.413 / 26.703
=-12.78 %

* 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

Matrix Composites & Engineering 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.

Good Sign:

Matrix Composites & Engineering Ltd operating margin is expanding. Margin expansion is usually a good sign.

4. Consistency of the profitability

5. Predictability Rank


Matrix Composites & Engineering Profitability Rank Related Terms

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Matrix Composites & Engineering (ASX:MCE) Business Description

Traded in Other Exchanges
Address
150 Quill Way, Henderson, Perth, WA, AUS, 6166
Matrix Composites & Engineering Ltd is a manufacturer of engineered products and service for the offshore oil and gas, civil and infrastructure, and defence industry. The group is also involved in the businesses of manufacturing and supplying capital drilling equipment, consisting of syntactic foam buoyancy; manufacture and supply of subsea umbilical risers and flowline (SURF) ancillary equipment and associated services; and manufacture and supply of well construction products, including centralizers and conductors. Its products consist of buoyancy systems, epoxy resin systems, energy absorption systems, reinforced thermoplastics and others. It operates in Australia and internationally.

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