What is BHCC Holding Earnings Yield (Joel Greenblatt) %?
BHCC Holding's Enterprise Value for the quarter that ended in Dec. 2023 was HK$-176 Mil.
BHCC Holding's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$15 Mil. BHCC Holding's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was -8.81%.
The historical rank and industry rank for BHCC Holding's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
HKSE:01552'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -9821.83 Med: 19.46 Max: 26686.03
Current: -10.82
During the past 10 years, the highest Earnings Yield (Joel Greenblatt) of BHCC Holding was 26686.03%. The lowest was -9821.83%. And the median was 19.46%.
HKSE:01552's Earnings Yield (Joel Greenblatt) % is ranked better than 69.47% of 1700
companies
in the Construction industry
Industry Median: 6.48
vs HKSE:01552: -10.82
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) %. BHCC Holding'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.
BHCC Holding Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for BHCC Holding'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.
Competitive Comparison of BHCC Holding's Earnings Yield (Joel Greenblatt) %
For the Engineering & Construction subindustry, BHCC 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.
BHCC Holding's Earnings Yield (Joel Greenblatt) % Distribution in the Construction Industry
For the Construction industry and Industrials sector, BHCC Holding's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where BHCC Holding's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
BHCC Holdings Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 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.
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.
BHCC Holding Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of BHCC Holding's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
BHCC Holding Ltd is engaged as the main contractor in the provision of building and construction works in Singapore. It provides construction services for various types of buildings including educational institutions, and residential, commercial, and industrial buildings in both the public and private sectors. It operates in three segments: Building and construction works, Operation of temporary dormitories, and Property investment out of which the Building and construction works segment act as a key revenue driver for the firm.
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