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Pavillon Holdings (SGX:596) Earnings Yield (Joel Greenblatt) % : -17.21% (As of Dec. 2023)


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What is Pavillon Holdings Earnings Yield (Joel Greenblatt) %?

Pavillon Holdings's Enterprise Value for the quarter that ended in Dec. 2023 was S$24.33 Mil. Pavillon Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was S$-4.19 Mil. Pavillon Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was -17.21%.

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

SGX:596' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1224.93   Med: 10.94   Max: 4443.65
Current: -7.44

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Pavillon Holdings was 4443.65%. The lowest was -1224.93%. And the median was 10.94%.

SGX:596's Earnings Yield (Joel Greenblatt) % is ranked worse than
88.52% of 357 companies
in the Restaurants industry
Industry Median: 3.76 vs SGX:596: -7.44

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) %. Pavillon Holdings'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.


Pavillon Holdings Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Pavillon Holdings'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.

Pavillon Holdings Earnings Yield (Joel Greenblatt) % Chart

Pavillon Holdings Annual Data
Trend Sep13 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.81 -56.18 -196.08 3.14 -17.21

Pavillon Holdings Semi-Annual Data
Sep13 Mar14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -196.08 - 3.14 - -17.21

Competitive Comparison of Pavillon Holdings's Earnings Yield (Joel Greenblatt) %

For the Restaurants subindustry, Pavillon Holdings'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.


Pavillon Holdings's Earnings Yield (Joel Greenblatt) % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Pavillon Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Pavillon Holdings 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.

Pavillon Holdingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-4.187/24.33255
=-17.21 %

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.



Pavillon Holdings  (SGX:596) 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.


Pavillon Holdings Earnings Yield (Joel Greenblatt) % Related Terms

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Pavillon Holdings (SGX:596) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Block 1002 Tai Seng Avenue, No. 01-2536, Singapore, SGP, 534409
Pavillon Holdings Ltd is engaged in the investment, franchising, and provision of management services. The business activity of the group functions through Food and beverages operations, Leasing operations, Properties operations, and All other segments. Food and beverages operations are mainly related to the operation of restaurant outlets, management fees from restaurants, franchise fees, and royalties; Leasing operations relate to equipment leasing and car financing, and Property operations related to the proposed logistics and warehousing management services. It derives maximum revenue from the Food and beverages segment. Geographically, the Group operates in the region of Singapore, China, and Vietnam.

Pavillon Holdings (SGX:596) Headlines

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