The historical rank and industry rank for Ascendis Health's Pretax Margin % or its related term are showing as below:
JSE:ASC'
s Pretax Margin % Range Over the Past 10 Years
Min: -84.7 Med: -8.1 Max: 11.37
Current: -18.54
JSE:ASC's Pretax Margin % is ranked worse than 72.65% of 1020
companies
in the Drug Manufacturers industry
Industry Median: 4.12
vs JSE:ASC: -18.54
Ascendis Health Pretax Margin % Historical Data
The historical data trend for Ascendis Health'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.
Competitive Comparison of Ascendis Health's Pretax Margin %
For the Drug Manufacturers - Specialty & Generic subindustry, Ascendis Health'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.
Ascendis Health's Pretax Margin % Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Ascendis Health's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Ascendis Health's Pretax Margin % falls into.
Ascendis Health 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.
Ascendis Health's Pretax Margin for the fiscal year that ended in Jun. 2023 is calculated as
* 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.
Ascendis Health (JSE:ASC) 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.
Ascendis Health Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Ascendis Health's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Ascendis Health is a drug manufacturer that produces and distributes health products for the human, animal, and plant markets. It has a portfolio of brands and products and owns recognized trademarks in the pharmaceutical and consumer health markets. Ascendis Health has five operating segments: consumer health, pharma, medical, animal health, and biosciences. The pharma division is the contributor to revenue and is further divided into Pharma Africa, Remedica, and Farmalider. Pharma includes generic manufacturing and distribution and over-the-counter medicine manufacturing and distribution. The company's revenue is split between South Africa and Europe and is diversified across currencies, markets, sales channels, and customer groups.
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