What is Dayang Enterprise Holdings Bhd Earnings Yield (Joel Greenblatt) %?
Dayang Enterprise Holdings Bhd's Enterprise Value for the quarter that ended in Mar. 2024 was RM2,766 Mil.
Dayang Enterprise Holdings Bhd's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was RM403 Mil. Dayang Enterprise Holdings Bhd's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2024 was 14.56%.
The historical rank and industry rank for Dayang Enterprise Holdings Bhd's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
XKLS:5141'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -32.65 Med: 11.35 Max: 38.77
Current: 13.46
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Dayang Enterprise Holdings Bhd was 38.77%. The lowest was -32.65%. And the median was 11.35%.
XKLS:5141's Earnings Yield (Joel Greenblatt) % is ranked better than 68.92% of 1097
companies
in the Oil & Gas industry
Industry Median: 6.16
vs XKLS:5141: 13.46
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) %. Dayang Enterprise Holdings Bhd's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2024 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.
Dayang Enterprise Holdings Bhd Earnings Yield (Joel Greenblatt) % Historical Data
* 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.
Dayang Enterprise Holdings Bhd Earnings Yield (Joel Greenblatt) % Chart
For the Oil & Gas Equipment & Services subindustry, Dayang Enterprise 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.
Dayang Enterprise Holdings Bhd's Earnings Yield (Joel Greenblatt) % Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Dayang Enterprise Holdings Bhd's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Dayang Enterprise Holdings Bhd's Earnings Yield (Joel Greenblatt) % falls into.
Dayang Enterprise 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.
Dayang Enterprise Holdings Bhds Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as
Dayang Enterprise Holdings Bhd's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM403 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.
Dayang Enterprise Holdings Bhd Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Dayang Enterprise Holdings Bhd's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Dayang Enterprise Holdings Bhd (XKLS:5141) Business Description
Dayang Enterprise Holdings Bhd is an investment holding company. Its operating segments include Topside maintenance services and Marine offshore support services. Topside maintenance services include the provision of offshore topside maintenance services, minor fabrication works, and offshore hook-up and commissioning services for oil and gas companies. Marine offshore support services involve chartering of marine vessels and the provision of related support services, as well as catering of food and beverage. Dayang generates the majority of its revenues from Topside maintenance services.
Dayang Enterprise Holdings Bhd (XKLS:5141) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
XKLS:5141 has been successfully added to your 