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Vimi Fasteners SpA (MIL:VIM) Net Margin % : 2.38% (As of Dec. 2023)


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What is Vimi Fasteners SpA Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Vimi Fasteners SpA's Net Income for the six months ended in Dec. 2023 was €0.69 Mil. Vimi Fasteners SpA's Revenue for the six months ended in Dec. 2023 was €28.96 Mil. Therefore, Vimi Fasteners SpA's net margin for the quarter that ended in Dec. 2023 was 2.38%.

The historical rank and industry rank for Vimi Fasteners SpA's Net Margin % or its related term are showing as below:

MIL:VIM' s Net Margin % Range Over the Past 10 Years
Min: -0.68   Med: 2.87   Max: 4.59
Current: 3.31


MIL:VIM's Net Margin % is ranked worse than
54.22% of 2975 companies
in the Industrial Products industry
Industry Median: 5.2 vs MIL:VIM: 3.31

Vimi Fasteners SpA Net Margin % Historical Data

The historical data trend for Vimi Fasteners SpA'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.

Vimi Fasteners SpA Net Margin % Chart

Vimi Fasteners SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only 2.42 -0.68 4.59 3.34 3.31

Vimi Fasteners SpA Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Margin % 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 6.15 2.08 4.57 4.20 2.38

Competitive Comparison of Vimi Fasteners SpA's Net Margin %

For the Tools & Accessories subindustry, Vimi Fasteners SpA'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.


Vimi Fasteners SpA's Net Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Vimi Fasteners SpA's Net Margin % distribution charts can be found below:

* The bar in red indicates where Vimi Fasteners SpA's Net Margin % falls into.



Vimi Fasteners SpA 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.

Vimi Fasteners SpA'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 )
=1.958/59.169
=3.31 %

Vimi Fasteners SpA'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 )
=0.688/28.96
=2.38 %

* 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.


Vimi Fasteners SpA  (MIL:VIM) 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.


Vimi Fasteners SpA Net Margin % Related Terms

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Vimi Fasteners SpA (MIL:VIM) Business Description

Traded in Other Exchanges
N/A
Address
Via Labriola, 19, Novellara, Reggio Emilia, ITA, 42017
Vimi Fasteners SpA is an Italy based company. It is engaged in design and manufacture of mechanical fasteners. The company serves different markets namely Automotive, Industrial Engines and Vehicles, Oil and Gas and Aerospace and Motorsport. The company offers Turbocharger, Engine, Manifold and Exhaust System, Power Transmission, Braking System and Suspension and Wheel. The company products are crankcase screws and studs, cylinder head screws, flywheel bolts and others.

Vimi Fasteners SpA (MIL:VIM) Headlines

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