Mortgage Choice Profit margin
What is the Profit margin of Mortgage Choice?
The Profit margin of Mortgage Choice Limited is 5.38%
What is the definition of Profit margin?
Profit margin is a measure of profitability and is calculated by finding the net profit as a percentage of the revenue.
lfy (last fiscal year)
Profit margin is calculated with the selling price (or revenue) taken as base times 100. It is the percentage of selling price that is turned into profit. Profit percentages are calculated to find the ratio of profit to cost of an investment. Profit margin is an indicator of a company's pricing strategies and how well it controls costs. Differences in competitive strategy and product mix cause the profit margin to vary among different companies. The profit margin is used mostly for internal comparisons. It is difficult to accurately compare the net profit ratio for different entities. Individual businesses' operating and financing arrangements vary so much that different entities are bound to have different levels of expenditure, so that comparison of one with another can have little meaning. A low profit margin indicates a low margin of safety: higher risk that a decline in sales will erase profits and result in a net loss, or a negative margin.
Profit margin of companies in the Finance sector on ASX compared to Mortgage Choice
What does Mortgage Choice do?
Mortgage Choice Limited provides mortgage broking services in Australia. It operates through two segments, Mortgage Choice Franchised Mortgage Broking and Mortgage Choice's Financial Planning Arm. The company offers assistance in determining the borrowing capacities of residential mortgage borrowers; and assessment of a range of home loans products, as well as submits loan applications on behalf of borrowers. It also provides assistance with car loans, equipment finance, general insurance, and personal loans to support personal and home pursuits and/or consolidate debts; and financial planning services. In addition, the company offers life, mortgage and income protection, car, home building and contents, lenders mortgage, and landlord insurance products. It provides loan origination services through its franchise network. The company was founded in 1992 and is headquartered in North Sydney, Australia.
Companies with profit margin similar to Mortgage Choice
- Devoteam SA has Profit margin of 5.37%
- Guangzhou Baiyunshan Pharmaceutical has Profit margin of 5.37%
- Marriott Vacations Worldwide Corp has Profit margin of 5.37%
- Indian Oil has Profit margin of 5.38%
- Data#3 has Profit margin of 5.38%
- F-Secure Oyj has Profit margin of 5.38%
- Mortgage Choice has Profit margin of 5.38%
- Linamar has Profit margin of 5.38%
- LT Foods has Profit margin of 5.38%
- Stelrad Radiator has Profit margin of 5.38%
- Wenzhou Kangning Hospital Co has Profit margin of 5.38%
- Banco Products (India) has Profit margin of 5.38%
- Rexnord Electronics and Controls has Profit margin of 5.39%