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Sigma Healthcare (ASX:SIG) Pretax Margin % : -0.32% (As of Jan. 2024)


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What is Sigma Healthcare Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Sigma Healthcare's Pre-Tax Income for the six months ended in Jan. 2024 was A$-5 Mil. Sigma Healthcare's Revenue for the six months ended in Jan. 2024 was A$1,694 Mil. Therefore, Sigma Healthcare's pretax margin for the quarter that ended in Jan. 2024 was -0.32%.

The historical rank and industry rank for Sigma Healthcare's Pretax Margin % or its related term are showing as below:

ASX:SIG' s Pretax Margin % Range Over the Past 10 Years
Min: -0.48   Med: 1.39   Max: 2.38
Current: 0.26


ASX:SIG's Pretax Margin % is ranked worse than
76.04% of 96 companies
in the Medical Distribution industry
Industry Median: 1.965 vs ASX:SIG: 0.26

Sigma Healthcare Pretax Margin % Historical Data

The historical data trend for Sigma Healthcare's Pretax 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.

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Sigma Healthcare Pretax Margin % Chart

Sigma Healthcare Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.48 1.49 -0.24 0.15 0.26

Sigma Healthcare Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
Pretax 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 -0.43 -0.05 0.36 0.84 -0.32

Competitive Comparison of Sigma Healthcare's Pretax Margin %

For the Medical Distribution subindustry, Sigma Healthcare's Pretax Margin %, along with its competitors' market caps and Pretax 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.


Sigma Healthcare's Pretax Margin % Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Sigma Healthcare's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Sigma Healthcare's Pretax Margin % falls into.



Sigma Healthcare Pretax Margin % Calculation

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

Sigma Healthcare's Pretax Margin for the fiscal year that ended in Jan. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Jan. 2024 )/Revenue (A: Jan. 2024 )
=8.624/3375.766
=0.26 %

Sigma Healthcare's Pretax Margin for the quarter that ended in Jan. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jan. 2024 )/Revenue (Q: Jan. 2024 )
=-5.436/1693.995
=-0.32 %

* 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.


Sigma Healthcare  (ASX:SIG) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Sigma Healthcare Pretax Margin % Related Terms

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Sigma Healthcare (ASX:SIG) Business Description

Traded in Other Exchanges
Address
2125 Dandenong Road, Level 6, Clayton, Melbourne, VIC, AUS, 3168
Sigma Healthcare is an Australian pharmaceutical distributor, wholesaler and pharmacy franchisor. The revenue growth prospects and returns of pharmaceutical distribution are subdued due to ongoing Pharmaceutical Benefits Scheme, or PBS, price reform, and regulated wholesale gross margins being capped at 7% for community pharmacy. As a result, Sigma and its competitors are seeking to expand into unregulated revenue streams. In addition, pharmacy ownership is restricted to pharmacists, thereby excluding direct corporate ownership and requiring exposure via a franchise business model.