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Holders Technology (LSE:HDT) Earnings Yield (Joel Greenblatt) % : 0.00% (As of May. 2023)


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What is Holders Technology Earnings Yield (Joel Greenblatt) %?

Holders Technology's Enterprise Value for the quarter that ended in May. 2023 was £1.55 Mil. Holders Technology's EBIT for the trailing twelve months (TTM) ended in May. 2023 was £-0.50 Mil. Holders Technology's Earnings Yield (Joel Greenblatt) for the quarter that ended in May. 2023 was 0.00%.

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

LSE:HDT' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -104.17   Med: -2.94   Max: 456.47
Current: -104.17

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Holders Technology was 456.47%. The lowest was -104.17%. And the median was -2.94%.

LSE:HDT's Earnings Yield (Joel Greenblatt) % is not ranked
in the Hardware industry.
Industry Median: 3.17 vs LSE:HDT: -104.17

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) %. Holders Technology's Forward Rate of Return (Yacktman) % for the quarter that ended in May. 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.


Holders Technology Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Holders Technology'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.

Holders Technology Earnings Yield (Joel Greenblatt) % Chart

Holders Technology Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.08 15.63 -30.21 99.01 -21.05

Holders Technology Semi-Annual Data
Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23
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 Premium Member Only Premium Member Only Premium Member Only - 99.01 - -21.05 -

Competitive Comparison of Holders Technology's Earnings Yield (Joel Greenblatt) %

For the Electronic Components subindustry, Holders Technology'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.


Holders Technology's Earnings Yield (Joel Greenblatt) % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Holders Technology's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Holders Technology's Earnings Yield (Joel Greenblatt) % falls into.



Holders Technology 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.

Holders Technologys Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Nov. 2022 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-0.246/1.169328
=-21.04 %

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.



Holders Technology  (LSE:HDT) 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.


Holders Technology Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Holders Technology's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Holders Technology (LSE:HDT) Business Description

Industry
Traded in Other Exchanges
N/A
Address
27-28 Eastcastle Street, London, GBR, W1W 8DH
Holders Technology PLC is a UK-based company that supplies specialty laminates and materials for printed circuit board manufacture and operates as a Lighting and Control Solutions provider. The group has four operating subsidiaries: PCB UK, PCB Germany, LCS UK and LCS Germany. Both PCB divisions have very similar products, processes, customers, distribution means and margins.. PCB which distributes materials, equipment and supplies to the PCB industry; and LCS, which distributes Lighting and Controls-related components, lighting products, and lighting solutions. It operates its business across the United Kingdom, Germany, and the Rest of the world.

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