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Barakah Offshore Petroleum Bhd (XKLS:7251) Earnings Yield (Joel Greenblatt) % : -32.26% (As of Dec. 2023)


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What is Barakah Offshore Petroleum Bhd Earnings Yield (Joel Greenblatt) %?

Barakah Offshore Petroleum Bhd's Enterprise Value for the quarter that ended in Dec. 2023 was RM33.0 Mil. Barakah Offshore Petroleum Bhd's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was RM-10.6 Mil. Barakah Offshore Petroleum Bhd's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was -32.26%.

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

XKLS:7251' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -215.58   Med: 5.15   Max: 530.87
Current: -32.15

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Barakah Offshore Petroleum Bhd was 530.87%. The lowest was -215.58%. And the median was 5.15%.

XKLS:7251's Earnings Yield (Joel Greenblatt) % is ranked worse than
90.52% of 1097 companies
in the Oil & Gas industry
Industry Median: 6.4 vs XKLS:7251: -32.15

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) %. Barakah Offshore Petroleum Bhd'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.


Barakah Offshore Petroleum Bhd Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Barakah Offshore Petroleum 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.

* Premium members only.

Barakah Offshore Petroleum Bhd Earnings Yield (Joel Greenblatt) % Chart

Barakah Offshore Petroleum Bhd Annual Data
Trend Dec12 Sep13 Dec15 Dec16 Dec17 Jun19 Jun20 Jun21 Jun22 Jun23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 14.75 33.56 188.68 7.09

Barakah Offshore Petroleum Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 129.87 77.52 7.09 -1.10 -32.26

Competitive Comparison of Barakah Offshore Petroleum Bhd's Earnings Yield (Joel Greenblatt) %

For the Oil & Gas Equipment & Services subindustry, Barakah Offshore Petroleum 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.


Barakah Offshore Petroleum Bhd's Earnings Yield (Joel Greenblatt) % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Barakah Offshore Petroleum Bhd's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Barakah Offshore Petroleum Bhd's Earnings Yield (Joel Greenblatt) % falls into.



Barakah Offshore Petroleum 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.

Barakah Offshore Petroleum Bhds Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=3.697/52.1534
=7.09 %

Barakah Offshore Petroleum Bhd'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-10.6 Mil.



Barakah Offshore Petroleum Bhd  (XKLS:7251) 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.


Barakah Offshore Petroleum Bhd Earnings Yield (Joel Greenblatt) % Related Terms

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Barakah Offshore Petroleum Bhd (XKLS:7251) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Kota Damansara PJU 5, Level 6, Menara Mitraland, No.13A, Jalan PJU 5/1, Petaling Jaya, SGR, MYS, 47810
Barakah Offshore Petroleum Bhd is a Malaysia-based investment holding company. It is involved in the oil and gas industry in Malaysia. The company's business portfolio comprises Pipeline Services; Offshore Transportation and Installation; Topside major Maintenance and Hook-up Commissioning; EPCC (Engineering, Procurement, Construction and Commissioning) Onshore Pipeline and Construction; Underwater Services; Ship Management and Chartering; and Technology, Mineral Operation, and Services. It mainly caters to the oil and gas industry.

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