Carmit Candy Industries (XTAE:CRMT) Net Margin % : -0.53% (As of Dec. 2023)

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What is Carmit Candy Industries Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Carmit Candy Industries's Net Income for the six months ended in Dec. 2023 was ₪-0.6 Mil. Carmit Candy Industries's Revenue for the six months ended in Dec. 2023 was ₪116.4 Mil. Therefore, Carmit Candy Industries's net margin for the quarter that ended in Dec. 2023 was -0.53%.

The historical rank and industry rank for Carmit Candy Industries's Net Margin % or its related term are showing as below:

XTAE:CRMT' s Net Margin % Range Over the Past 10 Years
Min: -5.4 Med: 1.61 Max: 5.13
Current: 0.22

XTAE:CRMT's Net Margin % is ranked worse than
71.8% of 1862 companies
in the Consumer Packaged Goods industry
Industry Median: 3.325 vs XTAE:CRMT: 0.22

Carmit Candy Industries Net Margin % Historical Data

The historical data trend for Carmit Candy Industries'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.

Carmit Candy Industries Net Margin % Chart

Carmit Candy Industries Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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5.13

2.61

-5.40

0.27

0.22

Carmit Candy Industries Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Net Margin %	Get a 7-Day Free Trial									-16.66	1.32	-0.72	0.96	-0.53

Competitive Comparison of Carmit Candy Industries's Net Margin %

For the Confectioners subindustry, Carmit Candy Industries'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.

Carmit Candy Industries's Net Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Carmit Candy Industries's Net Margin % distribution charts can be found below:

* The bar in red indicates where Carmit Candy Industries's Net Margin % falls into.

Carmit Candy Industries 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.

Carmit Candy Industries'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 )
	=	0.521	/	234.886
	=	0.22 %

Carmit Candy Industries'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 )
	=	-0.613	/	116.384
	=	-0.53 %

Carmit Candy Industries (XTAE:CRMT) 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.

Carmit Candy Industries Net Margin % Related Terms

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Carmit Candy Industries (XTAE:CRMT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Carmit Candy Industries Ltd (XTAE:CRMT) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

25 Hahagana Street, Rishon Lezion, ISR, 75706

Website

http://www.carmit.co.il

Carmit Candy Industries Ltd is a confectionery manufacturer. It produces confectionery products for private label brands. Its products include chocolate coins, marshmallows, Dairy-free chocolate, lollipops and toffees, and chocolate bars, among others. It caters to industrial and professional markets in Israel and produces chocolate, which serves as raw material for the chocolate, ice cream, dairy, confectionery, bakery and other industries.