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REPT BATTERO Energy Co (HKSE:00666) Earnings Yield (Joel Greenblatt) % : -3.33% (As of Dec. 2023)


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What is REPT BATTERO Energy Co Earnings Yield (Joel Greenblatt) %?

REPT BATTERO Energy Co's Enterprise Value for the quarter that ended in Dec. 2023 was HK$50,587 Mil. REPT BATTERO Energy Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-1,684 Mil. REPT BATTERO Energy Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was -3.33%.

The historical rank and industry rank for REPT BATTERO Energy Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

HKSE:00666' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -5.59   Med: -5   Max: -0.52
Current: -4.91

During the past 4 years, the highest Earnings Yield (Joel Greenblatt) of REPT BATTERO Energy Co was -0.52%. The lowest was -5.59%. And the median was -5.00%.

HKSE:00666's Earnings Yield (Joel Greenblatt) % is ranked worse than
87.79% of 1310 companies
in the Vehicles & Parts industry
Industry Median: 6.035 vs HKSE:00666: -4.91

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) %. REPT BATTERO Energy Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 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.


REPT BATTERO Energy Co Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for REPT BATTERO Energy Co'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.

REPT BATTERO Energy Co Earnings Yield (Joel Greenblatt) % Chart

REPT BATTERO Energy Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
- - - -3.33

REPT BATTERO Energy Co Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial - - - - -3.33

Competitive Comparison of REPT BATTERO Energy Co's Earnings Yield (Joel Greenblatt) %

For the Auto Parts subindustry, REPT BATTERO Energy Co'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.


REPT BATTERO Energy Co's Earnings Yield (Joel Greenblatt) % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, REPT BATTERO Energy Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where REPT BATTERO Energy Co's Earnings Yield (Joel Greenblatt) % falls into.



REPT BATTERO Energy Co 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.

REPT BATTERO Energy Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-1684.013/50587.478
=-3.33 %

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.



REPT BATTERO Energy Co  (HKSE:00666) 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.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


REPT BATTERO Energy Co Earnings Yield (Joel Greenblatt) % Related Terms

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REPT BATTERO Energy Co (HKSE:00666) Business Description

Comparable Companies
Traded in Other Exchanges
Address
Binhai 6th Road, Room A205, Building C No. 205, Airport New Area, Longwan District, Zhejiang, Wenzhou, CHN
REPT BATTERO Energy Co Ltd is a lithium-ion battery manufacturer company in China. It focuses on the research & development, production, and sales of EV and ESS lithium-ion battery products including battery cells, modules, and packs (including battery boxes, battery racks, and energy storage containers for ESS packs). Its segment includes the sale of EV battery products, ESS battery products, wastes, battery components, and R&D services.

REPT BATTERO Energy Co (HKSE:00666) Headlines

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