The historical rank and industry rank for Greater Bay Area Dynamic Growth Holding's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
HKSE:01189'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -523.47 Med: 4.53 Max: 81.5
Current: 0.79
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Greater Bay Area Dynamic Growth Holding was 81.50%. The lowest was -523.47%. And the median was 4.53%.
HKSE:01189's Earnings Yield (Joel Greenblatt) % is not ranked
in the Travel & Leisure industry.
Industry Median: 4.39
vs HKSE:01189: 0.79
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) %. Greater Bay Area Dynamic Growth Holding's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 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.
Greater Bay Area Dynamic Growth Holding Earnings Yield (Joel Greenblatt) % Historical Data
* 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.
Greater Bay Area Dynamic Growth Holding Earnings Yield (Joel Greenblatt) % Chart
Greater Bay Area Dynamic Growth Holding Annual Data
Competitive Comparison of Greater Bay Area Dynamic Growth Holding's Earnings Yield (Joel Greenblatt) %
For the Lodging subindustry, Greater Bay Area Dynamic Growth Holding'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.
Greater Bay Area Dynamic Growth Holding's Earnings Yield (Joel Greenblatt) % Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Greater Bay Area Dynamic Growth Holding's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Greater Bay Area Dynamic Growth Holding's Earnings Yield (Joel Greenblatt) % falls into.
Greater Bay Area Dynamic Growth Holding 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.
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.
Greater Bay Area Dynamic Growth Holding (HKSE:01189) 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.
Greater Bay Area Dynamic Growth Holding Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Greater Bay Area Dynamic Growth Holding's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Greater Bay Area Dynamic Growth Holding (HKSE:01189) Business Description
Greater Bay Area Dynamic Growth Holding Ltd is an investment holding company principally engaged in the hotel operation business in Hong Kong and the People's Republic of China, and trading of securities. The company operates its business through two business segments namely The Hotel Operations segment engaged in the operation of hotel accommodation, food, and banquet, as well as the rental income; and The Securities Trading segment engaged in the trading of equity securities. It operates three Rosedale branded 4-star rated hotels, namely, the Rosedale Hotel Hong Kong, the Rosedale Hotel & Suites, Guangzhou and the Rosedale Hotel Shenyang, and the Luoyang Golden Gulf Hotel.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:01189 has been successfully added to your 