What is Inch Kenneth Kajang Rubber Earnings Yield (Joel Greenblatt) %?
Inch Kenneth Kajang Rubber's Enterprise Value for the quarter that ended in Dec. 2023 was RM151.62 Mil.
Inch Kenneth Kajang Rubber's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was RM-6.15 Mil. Inch Kenneth Kajang Rubber's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 0.00%.
The historical rank and industry rank for Inch Kenneth Kajang Rubber's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
XKLS:2607'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -19.35 Med: -6.47 Max: 0.85
Current: -3.91
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Inch Kenneth Kajang Rubber was 0.85%. The lowest was -19.35%. And the median was -6.47%.
XKLS:2607's Earnings Yield (Joel Greenblatt) % is ranked worse than 83.02% of 854
companies
in the Travel & Leisure industry
Industry Median: 4.3
vs XKLS:2607: -3.91
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) %. Inch Kenneth Kajang Rubber'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.
Inch Kenneth Kajang Rubber Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Inch Kenneth Kajang Rubber'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.
Inch Kenneth Kajang Rubber Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of Inch Kenneth Kajang Rubber's Earnings Yield (Joel Greenblatt) %
For the Resorts & Casinos subindustry, Inch Kenneth Kajang Rubber'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.
Inch Kenneth Kajang Rubber's Earnings Yield (Joel Greenblatt) % Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Inch Kenneth Kajang Rubber's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Inch Kenneth Kajang Rubber's Earnings Yield (Joel Greenblatt) % falls into.
Inch Kenneth Kajang Rubber 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.
Inch Kenneth Kajang Rubbers Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as
Inch Kenneth Kajang Rubber's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-6.15 Mil.
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.
Inch Kenneth Kajang Rubber Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Inch Kenneth Kajang Rubber's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Inch Kenneth Kajang Rubber (XKLS:2607) Business Description
Inch Kenneth Kajang Rubber PLC operates as an investment holding company. It has five segments. Plantations segment include the sale of fresh fruit bunches; the Manufacturing segment includes producing constant viscosity rubber blocks; Tourism segment includes the operation of two tourist resorts, sale of rooms and sale of food and beverages; Property development segment includes development and sale of land and properties and leasing of buildings, and Others include trading of building materials and investment holding of equity interests in quoted shares. The company earns the majority of its revenues from the Manufacturing segment. It operates in Malaysia and Thailand.
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