Shanaya (SGX:SES) Earnings Yield (Joel Greenblatt) % : -2.66% (As of Dec. 2023)

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What is Shanaya Earnings Yield (Joel Greenblatt) %?

Shanaya's Enterprise Value for the quarter that ended in Dec. 2023 was S$18.34 Mil. Shanaya's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was S$-0.49 Mil. Shanaya's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was -2.66%.

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

SGX:SES' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -7166.63 Med: -30.89 Max: 4325.93
Current: -2.66

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Shanaya was 4325.93%. The lowest was -7166.63%. And the median was -30.89%.

SGX:SES's Earnings Yield (Joel Greenblatt) % is ranked worse than
78.8% of 250 companies
in the Waste Management industry
Industry Median: 3.975 vs SGX:SES: -2.66

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) %. Shanaya'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.

Shanaya Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Shanaya'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.

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Shanaya Earnings Yield (Joel Greenblatt) % Chart

Shanaya Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Dec22

Dec23

Earnings Yield (Joel Greenblatt) %

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-11.74

-11.66

-31.55

-3.54

-2.66

Shanaya Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Dec21	Jun22	Dec22	Jun23	Dec23
Earnings Yield (Joel Greenblatt) %	Get a 7-Day Free Trial															-	-	-3.54	-	-2.66

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

For the Waste Management subindustry, Shanaya'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.

Shanaya's Earnings Yield (Joel Greenblatt) % Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Shanaya's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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

Shanaya 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.

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

Earnings Yield (Joel Greenblatt)	=	EBIT	/	Enterprise Value
	=	-0.488	/	18.3437
	=	-2.66 %

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.

Shanaya (SGX:SES) 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

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.

Shanaya Earnings Yield (Joel Greenblatt) % Related Terms

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

Shanaya (SGX:SES) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Shanaya Ltd (SGX:SES) » Definitions » Earnings Yield (Joel Greenblatt) %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3A Tuas South Street 15, Singapore, SGP, 636845

Website

https://www.shanayagroup.com

Shanaya Ltd is an investment holding company. The company has only one primary business segment, which is the provision of waste management and disposal services to industrial and commercial clients specifically, the provision of collection, transfer, treatment, and disposal services to mainly the shipping and cruise industries. Geographically, it derives its revenue from Singapore.