Watania International Holding PJSC (DFM:WATANIA) Net Margin % : 8.53% (As of Dec. 2023)

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What is Watania International Holding PJSC Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Watania International Holding PJSC's Net Income for the three months ended in Dec. 2023 was د.إ19.9 Mil. Watania International Holding PJSC's Revenue for the three months ended in Dec. 2023 was د.إ232.7 Mil. Therefore, Watania International Holding PJSC's net margin for the quarter that ended in Dec. 2023 was 8.53%.

The historical rank and industry rank for Watania International Holding PJSC's Net Margin % or its related term are showing as below:

DFM:WATANIA' s Net Margin % Range Over the Past 10 Years
Min: -9.5 Med: 3.38 Max: 4.98
Current: 1.85

DFM:WATANIA's Net Margin % is ranked worse than
80.04% of 486 companies
in the Insurance industry
Industry Median: 7.66 vs DFM:WATANIA: 1.85

Watania International Holding PJSC Net Margin % Historical Data

The historical data trend for Watania International Holding PJSC's Net Margin % 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.

* Premium members only.

Watania International Holding PJSC Net Margin % Chart

Watania International Holding PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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2.58

4.88

3.78

-9.50

1.86

Watania International Holding PJSC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial															-9.14	-1.58	-0.64	-1.95	8.53

Competitive Comparison of Watania International Holding PJSC's Net Margin %

For the Insurance - Diversified subindustry, Watania International Holding PJSC's Net Margin %, along with its competitors' market caps and Net Margin % 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.

Watania International Holding PJSC's Net Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Watania International Holding PJSC's Net Margin % distribution charts can be found below:

* The bar in red indicates where Watania International Holding PJSC's Net Margin % falls into.

Watania International Holding PJSC Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Watania International Holding PJSC's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	13.275	/	713.812
	=	1.86 %

Watania International Holding PJSC's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	19.855	/	232.697
	=	8.53 %

Watania International Holding PJSC (DFM:WATANIA) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Watania International Holding PJSC Net Margin % Related Terms

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Watania International Holding PJSC (DFM:WATANIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Watania International Holding PJSC (DFM:WATANIA) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

15th Floor, O-14 Tower, Marasi Drive, Business Bay, P.O. Box 235353, Dubai, ARE

Website

https://www.dat.ae

Watania International Holding PJSC Formerly Dar Al Takaful PJSC is an Islamic Insurance company providing insurance services. The group mainly issues long-term and short-term takaful contracts in connection with life and non-life takaful such as motor, marine, fire, engineering, medical, and general accident risks. The company offers a broad range of takaful general and customized Islamic insurance products and services to individuals, families, and companies in the UAE. Its main business segments include general, family life, and medical insurance. The group also invests its funds in investment securities.

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