What is Water Oasis Group Earnings Yield (Joel Greenblatt) %?
Water Oasis Group's Enterprise Value for the quarter that ended in Sep. 2023 was HK$965.4 Mil.
Water Oasis Group's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was HK$149.0 Mil. Water Oasis Group's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2023 was 15.43%.
The historical rank and industry rank for Water Oasis Group's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
HKSE:01161'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.59 Med: 20.19 Max: 133.95
Current: 16.37
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Water Oasis Group was 133.95%. The lowest was 5.59%. And the median was 20.19%.
HKSE:01161's Earnings Yield (Joel Greenblatt) % is ranked better than 91.43% of 105
companies
in the Personal Services industry
Industry Median: 4.58
vs HKSE:01161: 16.37
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) %. Water Oasis Group's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2023 was 33.45%. 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.
Water Oasis Group Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Water Oasis Group'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.
Water Oasis Group Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of Water Oasis Group's Earnings Yield (Joel Greenblatt) %
For the Personal Services subindustry, Water Oasis Group'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.
Water Oasis Group's Earnings Yield (Joel Greenblatt) % Distribution in the Personal Services Industry
For the Personal Services industry and Consumer Cyclical sector, Water Oasis Group's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Water Oasis Group's Earnings Yield (Joel Greenblatt) % falls into.
Water Oasis Group 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.
Water Oasis Groups Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Sep. 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.
Water Oasis Group (HKSE:01161) 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.
Water Oasis Group Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Water Oasis Group's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Water Oasis Group (HKSE:01161) Business Description
Water Oasis Group Ltd provides beauty and related wellness services. It provides general, specialist, and medical beauty services to high-end, mid-range, and mass-market consumer sectors for men and women. The firm operates through two business segments. The Product segment is mainly engaged in the retailing of skincare products under the brand names of h2o+, Erno Laszlo, and Glycel. The Services segment is engaged in the provision of services in beauty centers, spas, and medical beauty centers mainly under the brand names of Oasis Spa, Oasis Beauty, and Oasis Homme. It generates a majority of its revenue from the service segment. Geographically, the company generates a majority of its revenue from Hong Kong and Macau.
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