What is PT Bumi Resources Tbk Earnings Yield (Joel Greenblatt) %?
PT Bumi Resources Tbk's Enterprise Value for the quarter that ended in Mar. 2024 was $4,157 Mil.
PT Bumi Resources Tbk's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $45 Mil. PT Bumi Resources Tbk's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2024 was 0.00%.
The historical rank and industry rank for PT Bumi Resources Tbk's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
PBMRY'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -37.39 Med: 6.08 Max: 34.54
Current: 4.44
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of PT Bumi Resources Tbk was 34.54%. The lowest was -37.39%. And the median was 6.08%.
PBMRY's Earnings Yield (Joel Greenblatt) % is ranked worse than 54.05% of 185
companies
in the Other Energy Sources industry
Industry Median: 5.62
vs PBMRY: 4.44
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) %. PT Bumi Resources Tbk'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.
PT Bumi Resources Tbk Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for PT Bumi Resources Tbk'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.
PT Bumi Resources Tbk Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of PT Bumi Resources Tbk's Earnings Yield (Joel Greenblatt) %
For the Thermal Coal subindustry, PT Bumi Resources Tbk'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.
PT Bumi Resources Tbk's Earnings Yield (Joel Greenblatt) % Distribution in the Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, PT Bumi Resources Tbk's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where PT Bumi Resources Tbk's Earnings Yield (Joel Greenblatt) % falls into.
PT Bumi Resources Tbk 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.
PT Bumi Resources Tbks Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as
PT Bumi Resources Tbk'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 $45 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.
PT Bumi Resources Tbk Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of PT Bumi Resources Tbk's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
PT Bumi Resources Tbk (PT Bumi Resources Tbk) Business Description
PT Bumi Resources Tbk is an Indonesia-based holding company engaged in coal mining. The company's main business segments are holding companies, coal, services, oil and gas, and gold. The Holding Company segment includes the company and other holding companies. The Coal segment is engaged in coal mining activities comprising exploration and exploitation of coal deposits. The Services segment includes activities of marketing and management services. The oil and gas segment includes activities of oil and gas exploration. The Gold segment includes activities of gold exploration. The majority of revenue is generated from the Coal segment.
PT Bumi Resources Tbk (PT Bumi Resources Tbk) Headlines
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