3 ASX stocks boasting better margins than Nvidia

MotleyFool03-21

The green graphics card giant is making a motza. But did you know some ASX companies have even bigger profit margins than Nvidia Corp (NASDAQ: NVDA)? Masterfully riding the AI wave, Nvidia looks like...

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But did you know some ASX companies have even bigger profit margins than Nvidia Corp (NASDAQ: NVDA)? \nMasterfully riding the AI wave, Nvidia looks like...</p>\n\n<a href=\"https://www.fool.com.au/2024/03/22/3-asx-stocks-boasting-better-margins-than-nvidia/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://www.fool.com.au/2024/03/22/3-asx-stocks-boasting-better-margins-than-nvidia/","article_id":"2421028121","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2421028121","pubTimestamp":1711035000,"sourceInfo":{"source_id":"motleyfoolau_stock","name":"MotleyFool"},"weMediaInfo":null,"summary":"The green graphics card giant is making a motza. But did you know some ASX companies have even bigger profit margins than Nvidia Corp ?Masterfully riding the AI wave, Nvidia looks like the Kelly Slater of computer hardware. The insatiable hunger for AI-enabling chips is fattening the technology company's profits. For 12 months ended January 2024, this A$3.4 trillion business pulled a 48.8% net margin.I'm talking margin monsters like Nvidia on our local ASX bourse.There are 43 ASX-listed stocks with superior margins to Nvidia. However, I wouldn't count some of these due to quirky accounting practices. Still, if thick profit margins are your jam, plenty of options exist.67% net margin: Any business that collects a royalty on something usually operates on high margins. There are minimal costs to eat away at the revenue gathered from sales. Deterra Royalties Ltd  is a locally-listed company relishing in this situation.In the 12 months ended 31 December 2023, Neuren reached $231.9 million i","collect":0,"end_time":0,"defaultTopTitle":"fool.com.au","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4588":"碎股","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4579":"人工智能","BK4503":"景林资产持仓","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","DRR.AU":"DETERRA ROYALTIES LTD","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","BK4581":"高盛持仓","PME.AU":"PRO MEDICUS LTD","BK4549":"软银资本持仓","NEU.AU":"NEUREN PHARMACEUTICALS LTD","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","BK4548":"巴美列捷福持仓","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","BHP.AU":"BHP GROUP LTD","BK7507":"资源股","BK7508":"医药生物股","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU0238689110.USD":"贝莱德环球动力股票基金","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU0072462426.USD":"贝莱德全球配置 A2","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK4532":"文艺复兴科技持仓","BK4592":"伊斯兰概念","LU0082616367.USD":"摩根大通美国科技A（dist）","LU0080751232.USD":"富达环球多元动力基金A","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","BK4534":"瑞士信贷持仓","LU0061474960.USD":"天利环球焦点基金AU Acc","NVDA":"英伟达","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","BK4587":"ChatGPT概念","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","BK4527":"明星科技股","BK4543":"AI"},"translate_title":"3 ASX股票利润率高于英伟达","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PME.AU":1,"BHP.AU":1,"DRR.AU":1,"NVDA":1,"NEU.AU":1},"content_text":"The green graphics card giant is making a motza. But did you know some ASX companies have even bigger profit margins than Nvidia Corp (NASDAQ: NVDA)? \nMasterfully riding the AI wave, Nvidia looks like the Kelly Slater of computer hardware. The insatiable hunger for AI-enabling chips is fattening the technology company's profits. For 12 months ended January 2024, this A$3.4 trillion business pulled a 48.8% net margin. \nFor every dollar of revenue, Nvidia kept 49 cents — that's after tax! \nUnsurprisingly, the share price is up 245% over the past year. Except, what if you wanted a slice of such profitability a little closer to home? I'm talking margin monsters like Nvidia on our local ASX bourse. \nNvidia-beating margins on the ASX\nIt's completely possible! There are 43 ASX-listed stocks with superior margins to Nvidia. However, I wouldn't count some of these due to quirky accounting practices. Still, if thick profit margins are your jam, plenty of options exist. \nHere are a few Aussie companies that pass the high bar. \n49% net margin: Not quite beating, but just as good as Nvidia is an ASX healthcare company named Pro Medicus Limited (ASX: PME). Its superb profits come from selling software to medical groups that allow large files to be viewed on any device.\nIn the 12 months ended 31 December 2023, Pro Medicus raked in $142.1 million in revenue and profits of $69.7 million. The company's margins have increased over the years due to the low additional cost of providing its software to more customers.\n67% net margin: Any business that collects a royalty on something usually operates on high margins. There are minimal costs to eat away at the revenue gathered from sales. Deterra Royalties Ltd (ASX: DRR) is a locally-listed company relishing in this situation. \nThe lucrative enterprise comes from taking a royalty on iron ore sales from BHP Group Ltd's (ASX: BHP) Mining Area C mine. In the 12 months ended 31 December 2023, Deterra recorded $251.8 million in revenue and profits of $167.8 million.  \n68% net margin: Surpassing Nvidia's profit margin by 19% is an ASX biotech biz with rocketing revenues. The profit phenom I'm referring to is Neuren Pharmaceuticals Ltd (ASX: NEU), a drug developer that has reached commercial success with DAYBUE (trofinetide) treating Rett syndrome.\nIn the 12 months ended 31 December 2023, Neuren reached $231.9 million in revenue and profits of $157.1 million. It's a remarkable difference from a year earlier when revenue and earnings were $15.4 million and $184,000, respectively.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2421028121"}