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Shelly Group (XBUL:SLYG) Operating Margin % : 29.89% (As of Sep. 2023)


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What is Shelly Group Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Shelly Group's Operating Income for the three months ended in Sep. 2023 was лв9.4 Mil. Shelly Group's Revenue for the three months ended in Sep. 2023 was лв31.5 Mil. Therefore, Shelly Group's Operating Margin % for the quarter that ended in Sep. 2023 was 29.89%.

Good Sign:

Shelly Group Plc operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Shelly Group's Operating Margin % or its related term are showing as below:

XBUL:SLYG' s Operating Margin % Range Over the Past 10 Years
Min: 7.13   Med: 20.32   Max: 30.41
Current: 26.72


XBUL:SLYG's Operating Margin % is ranked better than
92.34% of 509 companies
in the Conglomerates industry
Industry Median: 5.37 vs XBUL:SLYG: 26.72

Shelly Group's 5-Year Average Operating Margin % Growth Rate was 34.40% per year.

Shelly Group's Operating Income for the three months ended in Sep. 2023 was лв9.4 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2023 was лв32.5 Mil.


Shelly Group Operating Margin % Historical Data

The historical data trend for Shelly Group's Operating 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.

Shelly Group Operating Margin % Chart

Shelly Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Operating Margin %
Get a 7-Day Free Trial 7.13 16.86 26.16 30.41 23.77

Shelly Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Operating 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.89 26.10 26.75 23.81 29.89

Competitive Comparison of Shelly Group's Operating Margin %

For the Conglomerates subindustry, Shelly Group's Operating Margin %, along with its competitors' market caps and Operating 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.


Shelly Group's Operating Margin % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Shelly Group's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Shelly Group's Operating Margin % falls into.



Shelly Group Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Shelly Group's Operating Margin % for the fiscal year that ended in Dec. 2022 is calculated as

Operating Margin %=Operating Income (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=22.146 / 93.178
=23.77 %

Shelly Group's Operating Margin % for the quarter that ended in Sep. 2023 is calculated as

Operating Margin %=Operating Income (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=9.426 / 31.539
=29.89 %

* 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.


Shelly Group  (XBUL:SLYG) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Shelly Group Operating Margin % Related Terms

Thank you for viewing the detailed overview of Shelly Group's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Shelly Group (XBUL:SLYG) Business Description

Traded in Other Exchanges
Address
103 Cherni Vrah Boulevard, Floor 8, Sofia, BGR, 1407
Shelly Group Plc formerly Allterco AD is engaged in the acquisition, management, evaluation, and sale of participations in Bulgarian & foreign companies; acquisition, management, and sale of bonds; acquisition, evaluation, sale, and patents. It delivers innovation through designing, producing, and distributing high-quality IoT products. It group manages the business with electronic devices as one operating segment. Its products include Smartwatches, Tracker, and Home automation. It derives the majority of its revenue from the sale of smart devices.
Executives
Dimitar Dimitrov Chief Executive Officer (CEO)