CNVAF (Cnova NV) Tax Rate %: -4.31% (As of Dec. 2024)

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CNVAF Cnova NV CNVAF
16 GF Score
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What is Cnova NV Tax Rate %?

Cnova NV CNVAF 16 Tax Rate % is -4.31% as of Dec. 2024. GuruFocus rates CNVAF with a GF Score™ of 16/100.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Cnova NV's Tax Expense for the six months ended in Dec. 2024 was $2 Mil. Cnova NV's Pre-Tax Income for the six months ended in Dec. 2024 was $-41 Mil. Therefore, Cnova NV's Tax Rate % for the quarter that ended in Dec. 2024 was -4.31%.

Cnova NV Tax Rate % Related Terms

Cnova NV Tax Rate % Historical Data

* Premium members only.

The historical data trend for Cnova NV's Tax Rate % can be seen below:

* 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.

Cnova NV Tax Rate % Chart

Cnova NV Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.64 -10.27 -4.26 -29.40 -3.39

Cnova NV Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.99 -49.13 -13.62 -2.70 -4.31
CNVAF
16GF Score
Cnova NV CNVAF
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Cnova NV Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Cnova NV's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2024 )/Pre-Tax Income (A: Dec. 2024 )
=3.194/-94.125
=-3.39 %

Cnova NV's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2024 )/Pre-Tax Income (Q: Dec. 2024 )
=1.755/-40.741
=-4.31 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of -4.31% mean?
Cnova NV (CNVAF) has a Tax Rate % of -4.31% as of Dec. 2024.
Is Cnova NV's Tax Rate % too high?
Cnova NV's current Tax Rate % is -4.31%. Overall, Cnova NV has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Cnova NV's Tax Rate % compare to AMZN and BABA?
Cnova NV's Tax Rate % of -4.31% can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Retail - Cyclical company?
A good Tax Rate % depends on the Retail - Cyclical industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Cnova NV's current Tax Rate % is -4.31%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cnova NV stock overvalued right now?
Cnova NV (CNVAF) has a current Tax Rate % of -4.31%. The current Tax Rate % is -4.31%. Cnova NV's overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Cnova NV (CNVAF), the current Tax Rate % is -4.31% as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Cnova NV Business Description

Address 120-126, quai de Bacalan, Bordeaux, FRA, 33067
Cnova NV is an e-commerce company. It provides its customers with a value proposition through a low-cost business model that offers attractive pricing, an extensive product assortment, and differentiated delivery and payment solutions. Its product offering categories are home appliances, consumer electronics, computers, home furnishings, leisure, and personal goods.
16GF Score

Get the complete analysis for CNVAF

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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