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Cover Technologies (FRA:304) Operating Margin % : 0.00% (As of Mar. 2023)


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What is Cover Technologies Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Cover Technologies's Operating Income for the three months ended in Mar. 2023 was €-0.05 Mil. Cover Technologies's Revenue for the three months ended in Mar. 2023 was €0.00 Mil. Therefore, Cover Technologies's Operating Margin % for the quarter that ended in Mar. 2023 was 0.00%.

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


FRA:304's Operating Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 2.5
* Ranked among companies with meaningful Operating Margin % only.

Cover Technologies's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Cover Technologies's Operating Income for the three months ended in Mar. 2023 was €-0.05 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2023 was €-0.70 Mil.


Cover Technologies Operating Margin % Historical Data

The historical data trend for Cover Technologies'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.

Cover Technologies Operating Margin % Chart

Cover Technologies Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Operating Margin %
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Cover Technologies Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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Competitive Comparison of Cover Technologies's Operating Margin %

For the Other Industrial Metals & Mining subindustry, Cover Technologies'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.


Cover Technologies's Operating Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Cover Technologies's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Cover Technologies's Operating Margin % falls into.



Cover Technologies 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.

Cover Technologies's Operating Margin % for the fiscal year that ended in Sep. 2022 is calculated as

Operating Margin %=Operating Income (A: Sep. 2022 ) / Revenue (A: Sep. 2022 )
=-1.729 / 0
= %

Cover Technologies's Operating Margin % for the quarter that ended in Mar. 2023 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2023 ) / Revenue (Q: Mar. 2023 )
=-0.046 / 0
= %

* 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.


Cover Technologies  (FRA:304) 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.


Cover Technologies Operating Margin % Related Terms

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Cover Technologies Business Description

Traded in Other Exchanges
N/A
Address
1055 West Hastings Street, Suite 2380, Vancouver, BC, CAN, V6E 2E9
Cover Technologies Inc is a Canada based company operating in the magnesium products industry. The company's principal business is the development and commercialization of technologies for the processing and production of magnesium metal and related compounds and byproducts and co-products from serpentinite tailings.

Cover Technologies Headlines

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