What is QPL International Holdings Earnings Yield (Joel Greenblatt) %?
QPL International Holdings's Enterprise Value for the quarter that ended in Oct. 2023 was HK$-29.7 Mil.
QPL International Holdings's EBIT for the trailing twelve months (TTM) ended in Oct. 2023 was HK$-86.3 Mil. QPL International Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Oct. 2023 was 0.00%.
The historical rank and industry rank for QPL International Holdings's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
HKSE:00243'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1976.76 Med: 24.15 Max: 14566.67
Current: 256.41
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of QPL International Holdings was 14566.67%. The lowest was -1976.76%. And the median was 24.15%.
HKSE:00243's Earnings Yield (Joel Greenblatt) % is not ranked
in the Semiconductors industry.
Industry Median: 2.14
vs HKSE:00243: 256.41
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. QPL International Holdings's Forward Rate of Return (Yacktman) % for the quarter that ended in Oct. 2023 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past seven years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
QPL International Holdings Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for QPL International Holdings's Earnings Yield (Joel Greenblatt) % 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.
QPL International Holdings Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of QPL International Holdings's Earnings Yield (Joel Greenblatt) %
For the Semiconductors subindustry, QPL International Holdings's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % 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.
QPL International Holdings's Earnings Yield (Joel Greenblatt) % Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, QPL International Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where QPL International Holdings's Earnings Yield (Joel Greenblatt) % falls into.
QPL International Holdings Earnings Yield (Joel Greenblatt) % Calculation
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
QPL International Holdingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Apr. 2023 is calculated as
For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.
QPL International Holdings (HKSE:00243) Earnings Yield (Joel Greenblatt) % Explanation
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
QPL International Holdings Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of QPL International Holdings's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
QPL International Holdings (HKSE:00243) Business Description
QPL International Holdings Ltd is engaged in the business of manufacturing and sale of integrated circuit lead frames, heatsinks, stiffners, and related products. The company derives the majority of its revenue from Malaysia, followed by the China. Some of the products of the company are small outline integrated circuit, quad flat package, thin quad flat package, plastic dual into package, plastic leaded chip carrier, and thin small outline package.
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