Operating Margin

Watchlist Manager

Watchlist

Price: 1 324 Zac Market Closed

Market Cap: 4.8B Zac

No historical data

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin

Zac0

Peer Comparison

Country		Company	Market Cap	Operating Margin
ZA	C	Caxton and CTP Publishers and Printers Ltd JSE:CAT	4.8B Zac	Loading...
US		News Corp NASDAQ:NWSA	14.6B USD	Loading...
US		New York Times Co NYSE:NYT	11.6B USD	Loading...
UK		Pearson PLC LSE:PSON	6.1B GBP	Loading...
NO		Schibsted ASA OSE:SCHA	78B NOK	Loading...
CN		China Literature Ltd HKEX:772	38.1B HKD	Loading...
DE		Springer Nature AG & Co KgaA XETRA:SPG	3.6B EUR	Loading...
CN		People.cn Co Ltd SSE:603000	26B CNY	Loading...
CN		Jiangsu Phoenix Publishing & Media Corp Ltd SSE:601928	25.7B CNY	Loading...
CN		COL Digital Publishing Group Co Ltd SZSE:300364	22.7B CNY	Loading...
SA		Saudi Research and Media Group SAU:4210	12.1B SAR	Loading...

Market Distribution

Other Profitability Ratios

Caxton and CTP Publishers and Printers Ltd
Glance View

Market Cap

4.8B Zac

Industry

Media

Born out of a legacy of print, Caxton and CTP Publishers and Printers Ltd has woven its narrative into the very fabric of South Africa's media landscape. Rooted in decades of newspaper, magazine, and book publishing, the company has adeptly navigated the shifts in its industry, embracing the digital with the same dexterity as the tactile world of traditional print. Its operations are anchored in a strategically diversified portfolio, ranging from printing to packaging, which allows it to address multiple verticals. By offering services that span high-quality magazine production to commercial printing solutions, Caxton and CTP have positioned themselves to cater to a broad spectrum of businesses, playing a vital role in the content dissemination pipeline. While the media industry wrestles with an increasingly digital horizon, Caxton and CTP continue to capitalize on their robust infrastructure and established client base. Their revenue streams are diligently crafted from a mix of advertising, subscription services, and bespoke printing contracts. This multifaceted approach not only ensures financial stability but also empowers the company to seize opportunities in a rapidly changing market. Embracing innovation while leveraging traditional strengths, Caxton and CTP navigate their course with a dual focus on expansion and adaptation, ensuring their enduring relevance in the media and printing sectors.

View CAT Analysis

CAT Intrinsic Value

What is Intrinsic Value?

Economic Moat is a concept popularized by Warren Buffett to describe a company's durable competitive advantage. It represents the 'moat' that protects a company from competitors and helps it sustain profitability over the long term. Our analysis of the past 10 years showed that companies with a wide economic moat significantly outperformed the market, delivering +645% returns compared to +189% for the S&P 500.

Our research into Economic Moat performance spans the past 10 years and focuses on companies with a wide economic moat. For this analysis, we calculated the average stock price returns of these companies, comparing them to the performance of the S&P 500 index over the same period.

The results were compelling: wide moat stocks achieved a remarkable +645% average return, compared to +188% for the broader market. This difference highlights the long-term benefits of investing in businesses that can maintain their market position and pricing power over time.

Note: This research does not account for survivorship bias. Past performance is not indicative of future results.

Determining whether a company has an economic moat requires both a deep dive into financial metrics and a qualitative assessment of its competitive position. Our analysts conduct a rigorous evaluation that focuses on identifying structural advantages that enable a company to sustain profitability and defend its market share over the long term.

The process begins with an analysis of a company’s historical financial performance. We assess how consistently the company has generated returns above its cost of capital and whether those returns have been stable or improving. However, financial performance alone doesn’t reveal the full picture. To understand the sources of these advantages, we evaluate five key drivers of economic moats:

Network Effect: We analyze whether the value of a company’s product or service grows as its user base expands. Platforms like payment systems or marketplaces benefit from this self-reinforcing.

Switching Costs: We assess whether customers face significant costs or disruptions when switching to a competitor’s product or service. High switching costs create customer stickiness and provide pricing power.

Intangible Assets: Strong brands, patents, and regulatory licenses can protect a company’s market position by creating barriers for competitors or enabling premium pricing. For example, a well-recognized consumer brand may command higher customer loyalty and margins.

Efficient scale: Occurs when a market is optimally served by one or a few players, making it unprofitable for new entrants to compete. This typically happens in industries with high fixed costs or geographic constraints, such as utilities or pipelines.

Cost Advantage: Companies with structural cost advantages can produce goods or services at a lower cost than their competitors, enabling them to offer competitive pricing or maintain higher margins. These advantages often arise from economies of scale, superior supply chain management, or proprietary technology. Firms like Walmart leverage their massive scale to negotiate better terms with suppliers, allowing them to undercut competitors on price.

By examining these factors in combination with a company’s financial performance and market positioning, we classify each company into one of three categories:

This rigorous evaluation ensures that our moat ratings are both comprehensive and reliable, giving investors the tools they need to make well-informed, long-term decisions.

The AI Assistant may sometimes provide inaccurate information.

Make your own investment decisions or consult a licensed financial advisor.

Caxton and CTP Publishers and Printers Ltd
JSE:CAT

Peer Comparison

Market Distribution

Other Profitability Ratios

Caxton and CTP Publishers and Printers Ltd
Glance View

See Also

Company

Help

Tools

Stocks

52 Week Range	1 100 1 399.2999
Price Target

Caxton and CTP Publishers and Printers Ltd JSE:CAT