NovaBev Group (MIC:BELU) Tax Rate %: 26.30% (As of Dec. 2023)

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MIC:BELU NovaBev Group MIC:BELU
17 GF Score
Price ₽285.00
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What is NovaBev Group Tax Rate %?

NovaBev Group MIC:BELU -2.26% 17 Tax Rate % is 26.30% as of Dec. 2023. GuruFocus rates MIC:BELU with a GF Score™ of 17/100.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. NovaBev Group's Tax Expense for the six months ended in Dec. 2023 was ₽1,791 Mil. NovaBev Group's Pre-Tax Income for the six months ended in Dec. 2023 was ₽6,809 Mil. Therefore, NovaBev Group's Tax Rate % for the quarter that ended in Dec. 2023 was 26.30%.

NovaBev Group Tax Rate % Related Terms

NovaBev Group Tax Rate % Historical Data

* Premium members only.

The historical data trend for NovaBev Group'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.

NovaBev Group Tax Rate % Chart

NovaBev Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.67 21.65 23.80 20.73 20.32

NovaBev Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 26.17 22.82 19.94 8.00 26.30
MIC:BELU
17GF Score
NovaBev Group MIC:BELU
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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NovaBev Group Tax Rate % Calculation

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

NovaBev Group's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=2056/10120
=20.32 %

NovaBev Group's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=1791/6809
=26.30 %

* 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 26.30% mean?
NovaBev Group (MIC:BELU) has a Tax Rate % of 26.30% as of Dec. 2023.
Is NovaBev Group's Tax Rate % too high?
NovaBev Group's current Tax Rate % is 26.30%. Overall, NovaBev Group has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does NovaBev Group's Tax Rate % compare to BF.B?
NovaBev Group's Tax Rate % of 26.30% can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Tax Rate % depends on the Beverages - Alcoholic 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. NovaBev Group's current Tax Rate % is 26.30%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NovaBev Group stock overvalued right now?
NovaBev Group (MIC:BELU) has a current Tax Rate % of 26.30%. The current Tax Rate % is 26.30%. NovaBev Group's overall GF Score™ is 17/100. 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 NovaBev Group (MIC:BELU), the current Tax Rate % is 26.30% as of Dec. 2023. 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.

NovaBev Group Business Description

Address 4, Yakimanskaya Embankment, Building 1, Moscow, RUS, 119180
NovaBev Group is a Russian alcohol and food products and operation of wholesale and retail business. It producer of vodka and distilled beverages, and is one of the main importers of spirits and wine in the country.
17GF Score

Get the complete analysis for MIC:BELU

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

₽285.00
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