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Morgan Stanley Emerg Mkts Debt Fd (Morgan Stanley Emerg Mkts Debt Fd) Earnings Yield % : 11.87% (As of May. 15, 2024)


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What is Morgan Stanley Emerg Mkts Debt Fd Earnings Yield %?

The earnings yield is an indication of how much return shareholders' investment in the company earned over the past 12 months. The higher the earnings yield is, the better.

As of today (2024-05-15), the stock price of Morgan Stanley Emerg Mkts Debt Fd is $7.16. Morgan Stanley Emerg Mkts Debt Fd's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $0.85. Therefore, Morgan Stanley Emerg Mkts Debt Fd's earnings yield of today is 11.87%.

The earnings yield does not consider the growth of the business. A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Morgan Stanley Emerg Mkts Debt Fd's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 was -6.25%. 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.


Morgan Stanley Emerg Mkts Debt Fd Earnings Yield % Calculation

Earnings yield is the reciprocal of the P/E Ratio.

Morgan Stanley Emerg Mkts Debt Fd's Earnings Yield for today is calculated as

Earnings Yield=Earnings per Share (Diluted) (TTM)/Share Price
=0.850/7.16
=11.87 %

For company reported semi-annually, Morgan Stanley Emerg Mkts Debt Fd's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.850 Mil.

* 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.

It can also be calculated from the numbers for the whole company:

Earnings Yield=Net Income /Market Cap

The earnings in the calculation is the Trailing Twelve Months earnings.


Morgan Stanley Emerg Mkts Debt Fd  (NYSE:MSD) Earnings Yield % Explanation

If the P/E ratio is an indication of how many years it takes for the company to earn back the stock price shareholders pay to buy the shares, the earnings yield is an indication of how much return shareholders' investment in the company earned over the past 12 months. The higher the earnings yield is, the better.

If a company loses money, the earnings yield is negative. This gives a more straightforward indication that the company is losing money. This is an advantage of using earnings yield instead of the P/E ratio in valuation. For valuation purposes, the P/B Ratio and the P/S Ratio should be used for companies that are losing money.

Like the P/E ratio, the earnings yield can be used to compare investments in different industries. It can even be used to compare the attractiveness of different asset classes such as bonds and cash. Of course, the earnings yield should not be the only factor in deciding which asset classes to invest.

Also similar to the P/E ratio, the earnings yield does not consider the growth of the business. A growing company with the same earnings yield should be more attractive than a company that has the same earnings yield but does not grow.

A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %.

Be Aware

Just like the P/E Ratio, non-recurring items such as selling part of the business, selling a previous investment, etc., can affect earnings yield dramatically. The earning yield is also a poor indication for cyclical companies. When a cyclical stock has a high earnings yield it is usually at the peak of its cycle.


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Morgan Stanley Emerg Mkts Debt Fd (Morgan Stanley Emerg Mkts Debt Fd) Business Description

Traded in Other Exchanges
N/A
Address
522 Fifth Avenue, New York, NY, USA, 10036
Morgan Stanley Emerg Mkts Debt Fd Inc is a diversified, closed-end management investment company. The Fund's primary investment objective is to produce high current income and as a secondary objective to seek capital appreciation, through investments mainly in debt securities of government and government-related issuers located in emerging countries, of entities organized to restructure the outstanding debt of such issuers and debt securities of corporate issuers in or organized under the laws of emerging countries.
Executives
Michael J Key officer: Vice President 1633 BROADWAY, 29TH FLOOR, NEW YORK NY 10019
Kyle Lee officer: Portfolio Manager 1633 BROADWAY, 19TH FLOOR, NEW YORK NY 10019
Federico C Sequeda officer: Portfolio Manager TWO INTERNATIONAL PLACE, BOSTON MA 02110
Ali Akbar Causer officer: Portfolio Manager TWO INTERNATIONAL PLACE, BOSTON MA 02110
Eddie Arthur Grier other: Advisory Board Member 11700 PLAZA AMERICA DRIVE, SUITE 500, RESTON VA 20190
Frances Cashman other: Advisory Board Member MORGAN STANLEY INVESTMENT MANAGEMENT, 1633 BROADWAY 29TH FLOOR, NEW YORK NY 10019
Deidre Downes officer: Chief Compliance Officer 1633 BROADWAY, 29TH FLOOR, NEW YORK NY 10019
Patricia A Maleski director C/O J P MORGAN INVESTMENT MANAGEMENT INC, 522 FIFTH AVENUE, NEW YORK NY 10036
Timothy J Knierim officer: CCO 100 MULBERRY STREET, NEWARK NJ 07102
Sahil Tandon officer: Portfolio Manager 522 5TH AVE, NEW YORK NY 10036
Jakki L. Haussler director 221 EAST FOURTH STREET, CINCINNATI OH 45202
Nancy Everett director 1812 PARK AVE, RICHMOND VA 23220
Nystedt Bo Jens Andreas other: Portfolio Manager 522 5TH AVENUE, NEW YORK NY 10036
Warren John Mar other: Portfolio Manager 522 5TH AVENUE, NEW YORK NY 10036
Joseph C Benedetti officer: Vice President C/O INVESCO, 225 LIBERTY STREET, NEW YORK NY 10281

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