What is Singapore Press Holdings Earnings Yield (Joel Greenblatt) %?
Singapore Press Holdings's Enterprise Value for the quarter that ended in Aug. 2021 was $4,901.5 Mil.
Singapore Press Holdings's EBIT for the trailing twelve months (TTM) ended in Aug. 2021 was $283.9 Mil. Singapore Press Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Aug. 2021 was 5.74%.
The historical rank and industry rank for Singapore Press Holdings's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
SGPRY'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -0.23 Med: 6.52 Max: 9.65
Current: 6.84
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Singapore Press Holdings was 9.65%. The lowest was -0.23%. And the median was 6.52%.
SGPRY's Earnings Yield (Joel Greenblatt) % is not ranked
in the Real Estate industry.
Industry Median: 4.2
vs SGPRY: 6.84
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) %. Singapore Press Holdings's Forward Rate of Return (Yacktman) % for the quarter that ended in Aug. 2021 was -18.07%. 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.
Singapore Press Holdings Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Singapore Press Holdings'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.
For the Real Estate - Diversified subindustry, Singapore Press Holdings'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.
Singapore Press Holdings's Earnings Yield (Joel Greenblatt) % Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Singapore Press Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Singapore Press Holdings's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Singapore Press Holdingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Aug. 2021 is calculated as
For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.
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.
Singapore Press Holdings Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Singapore Press Holdings's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Singapore Press Holdings (Singapore Press Holdings) Business Description
Singapore Press Holdings Ltd is a Singapore-based media organization that operates newspapers, magazines, websites, and television stations across Asia. The company operates over 15 different newspapers, including The Straits Times and Business Times in Singapore. It also produces more than 100 magazine titles in Singapore, ranging from technology and business to lifestyle and entertainment themes. While the largest revenue driver is its media business, Singapore Press Holdings also invests in real estate through various holdings and REIT offerings across Singapore and surrounding countries.
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