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PT GTS Internasional Tbk (ISX:GTSI) Earnings Yield (Joel Greenblatt) % : 10.30% (As of Mar. 2024)


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What is PT GTS Internasional Tbk Earnings Yield (Joel Greenblatt) %?

PT GTS Internasional Tbk's Enterprise Value for the quarter that ended in Mar. 2024 was Rp1,059,317 Mil. PT GTS Internasional Tbk's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was Rp109,055 Mil. PT GTS Internasional Tbk's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2024 was 10.30%.

The historical rank and industry rank for PT GTS Internasional Tbk's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

ISX:GTSI' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -12.61   Med: 9.69   Max: 15.36
Current: 12.63

During the past 6 years, the highest Earnings Yield (Joel Greenblatt) of PT GTS Internasional Tbk was 15.36%. The lowest was -12.61%. And the median was 9.69%.

ISX:GTSI's Earnings Yield (Joel Greenblatt) % is ranked better than
76.7% of 1000 companies
in the Transportation industry
Industry Median: 6.885 vs ISX:GTSI: 12.63

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) %. PT GTS Internasional Tbk's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2024 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.


PT GTS Internasional Tbk Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for PT GTS Internasional Tbk'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.

PT GTS Internasional Tbk Earnings Yield (Joel Greenblatt) % Chart

PT GTS Internasional Tbk Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial - - -10.04 11.12 14.14

PT GTS Internasional Tbk Quarterly Data
Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.19 15.13 11.51 14.14 10.30

Competitive Comparison of PT GTS Internasional Tbk's Earnings Yield (Joel Greenblatt) %

For the Marine Shipping subindustry, PT GTS Internasional Tbk'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.


PT GTS Internasional Tbk's Earnings Yield (Joel Greenblatt) % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, PT GTS Internasional Tbk's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where PT GTS Internasional Tbk's Earnings Yield (Joel Greenblatt) % falls into.



PT GTS Internasional Tbk 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.

PT GTS Internasional Tbks Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=147978.115/1046906.73
=14.13 %

PT GTS Internasional Tbk's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was Rp109,055 Mil.



PT GTS Internasional Tbk  (ISX:GTSI) 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.


PT GTS Internasional Tbk Earnings Yield (Joel Greenblatt) % Related Terms

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PT GTS Internasional Tbk (ISX:GTSI) Business Description

Traded in Other Exchanges
N/A
Address
Jl. Jend. Gatot Subroto Kav.1-3, Mangkuluhur City Tower One, 26 th Floor, Jakarta, IDN, 12930
PT GTS Internasional Tbk is engaged in the distribution of natural and artificial gas, and domestic and foreign sea transportation for special goods. The company has three business segments, namely: LNG Transportation; LNG Storage & Regasification, and Ship Management.

PT GTS Internasional Tbk (ISX:GTSI) Headlines

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