What is Pantech Group Holdings Bhd Earnings Yield (Joel Greenblatt) %?
Pantech Group Holdings Bhd's Enterprise Value for the quarter that ended in Nov. 2023 was RM714.9 Mil.
Pantech Group Holdings Bhd's EBIT for the trailing twelve months (TTM) ended in Nov. 2023 was RM143.4 Mil. Pantech Group Holdings Bhd's Earnings Yield (Joel Greenblatt) for the quarter that ended in Nov. 2023 was 20.08%.
The historical rank and industry rank for Pantech Group Holdings Bhd's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
XKLS:5125'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.63 Med: 12.23 Max: 24.88
Current: 16.1
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Pantech Group Holdings Bhd was 24.88%. The lowest was 6.63%. And the median was 12.23%.
XKLS:5125's Earnings Yield (Joel Greenblatt) % is ranked better than 81.45% of 636
companies
in the Steel industry
Industry Median: 6.815
vs XKLS:5125: 16.10
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) %. Pantech Group Holdings Bhd's Forward Rate of Return (Yacktman) % for the quarter that ended in Nov. 2023 was 28.37%. 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.
Pantech Group Holdings Bhd Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Pantech Group Holdings Bhd'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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Pantech Group Holdings Bhd Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of Pantech Group Holdings Bhd's Earnings Yield (Joel Greenblatt) %
For the Steel subindustry, Pantech Group Holdings Bhd'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.
Pantech Group Holdings Bhd's Earnings Yield (Joel Greenblatt) % Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Pantech Group Holdings Bhd's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Pantech Group Holdings Bhd's Earnings Yield (Joel Greenblatt) % falls into.
Pantech Group Holdings Bhd 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.
Pantech Group Holdings Bhds Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Feb. 2023 is calculated as
Pantech Group Holdings Bhd's EBIT for the trailing twelve months (TTM) ended in Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was RM143.4 Mil.
Pantech Group Holdings Bhd (XKLS:5125) 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.
Pantech Group Holdings Bhd Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Pantech Group Holdings Bhd's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Pantech Group Holdings Bhd (XKLS:5125) Business Description
Pantech Group Holdings Bhd is engaged in investment holding and the provision of management services. The company has three operating segments: Trading, Manufacturing, and Investment holding. It derives most of its revenues from the Trading segment. The Trading segment is engaged in trading, supplying, and stocking high-pressure seamless and specialized steel pipes, fittings, flanges, valves, and other related products for use in oil and gas. The Manufacturing segment is engaged in the manufacturing and supply of butt-welded carbon steel fittings, stainless steel, and alloy pipes, fittings, and related products, as well as milling, machining, and welding of tube and pipe fitting. The Investment holding segment is engaged in investment holding, property investment, and management services.
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