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Cofle SpA (MIL:CFL) Pretax Margin % : -0.85% (As of Dec. 2023)


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What is Cofle SpA Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Cofle SpA's Pre-Tax Income for the six months ended in Dec. 2023 was €-0.27 Mil. Cofle SpA's Revenue for the six months ended in Dec. 2023 was €31.91 Mil. Therefore, Cofle SpA's pretax margin for the quarter that ended in Dec. 2023 was -0.85%.

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

MIL:CFL' s Pretax Margin % Range Over the Past 10 Years
Min: 2.21   Med: 9.97   Max: 21.46
Current: 2.21


MIL:CFL's Pretax Margin % is ranked worse than
65.76% of 1288 companies
in the Vehicles & Parts industry
Industry Median: 4.495 vs MIL:CFL: 2.21

Cofle SpA Pretax Margin % Historical Data

The historical data trend for Cofle SpA'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.

* Premium members only.

Cofle SpA Pretax Margin % Chart

Cofle SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
9.97 13.31 21.46 8.01 2.21

Cofle SpA Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only 16.70 16.86 -0.67 5.43 -0.85

Competitive Comparison of Cofle SpA's Pretax Margin %

For the Auto Parts subindustry, Cofle SpA'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.


Cofle SpA's Pretax Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Cofle SpA's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Cofle SpA's Pretax Margin % falls into.



Cofle SpA 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.

Cofle SpA's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=1.378/62.317
=2.21 %

Cofle SpA's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-0.272/31.907
=-0.85 %

* 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.


Cofle SpA  (MIL:CFL) 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.


Cofle SpA Pretax Margin % Related Terms

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Cofle SpA (MIL:CFL) Business Description

Traded in Other Exchanges
Address
Via del Ghezzo, 54, Trezzo sullAdda, ITA, 20056
Cofle SpA designs, produces and sells worldwide control cables and remote control systems for the off-road vehicle, automotive, and automotive after-market sectors. It has two divisions: the Original Equipment Manufacturer (OEM) division through which it manufactures a wide range of highly customized products for customers who install the components on the products sold: through its products, the group deals with customers operating in the agricultural sector, earth-moving and commercial vehicles, and the premium automotive sector; and the After Market (AM) division which manufactures Cofle-branded components such as control cables, brake hoses or EPBs with the same quality as the original for the automotive sector.

Cofle SpA (MIL:CFL) Headlines

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