21/04/2025
Letโs take a look at a ๐ฏ๐ถ๐ด ๐ฝ๐น๐ฎ๐๐ฒ๐ฟ in the food industry.
๐ ๐ฐ๐๐ผ๐ป๐ฎ๐น๐ฑ'๐ net income margin is 31.7%, meaning out of every 100 pesos they earn, 31.70 pesos is profit.
This is ๐ฝ๐๐ฏ๐น๐ถ๐ฐ ๐ฑ๐ฎ๐๐ฎโand yet they remain ๐ฑ๐ผ๐บ๐ถ๐ป๐ฎ๐ป๐. ๐ช๐ต๐?
Because their value is in their ๐๐๐๐๐ฒ๐บ, ๐ฏ๐ฟ๐ฎ๐ป๐ฑ, and ๐ฒ๐
๐ฝ๐ฒ๐ฟ๐ถ๐ฒ๐ป๐ฐ๐ฒโnot hidden costs.
We may not have the system or scale yet, but weโre adopting the same principle of ๐ง๐ฅ๐๐ก๐ฆ๐ฃ๐๐ฅ๐๐ก๐๐ฌโand weโre doing it in a way that's ๐ฟ๐ฒ๐น๐ฎ๐๐ฎ๐ฏ๐น๐ฒ to fellow students.
While some may fear disclosure, we embrace it as a ๐๐๐๐ฑ๐ฒ๐ป๐ ๐ฒ๐ป๐๐ฟ๐ฒ๐ฝ๐ฟ๐ฒ๐ป๐ฒ๐๐ฟ๐ถ๐ฎ๐น ๐ฎ๐ฑ๐๐ฎ๐ป๐๐ฎ๐ด๐ฒ. We want to ๐ฏ๐ฟ๐ฒ๐ฎ๐ธ ๐๐ต๐ฒ ๐๐ฎ๐น๐น๐ between ๐ฏ๐๐๐ถ๐ป๐ฒ๐๐ and ๐ฐ๐๐๐๐ผ๐บ๐ฒ๐ฟ๐, letting them see that we're building this with them, not just for them.
Terms and Definitions:
TTM (Trailing Twelve Months): It is a snapshot of the company's performance over the past year (Investopedia)
Vertical Analysis: It is a common-sized analysis to understand the relative proportions of accounts and compare financial performance on a single year (Vena).
Reference:
https://www.tradingview.com/symbols/NYSE-MCD/financials-income-statement/