Arabian Steel Pipes Manufacturing (AMM:ASPMM) Earnings Yield (Joel Greenblatt) %: 0.00% (As of . 20)

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What is Arabian Steel Pipes Manufacturing Earnings Yield (Joel Greenblatt) %?

Arabian Steel Pipes Manufacturing AMM:ASPMM Earnings Yield (Joel Greenblatt) % is 0.00% as of . 20.

Arabian Steel Pipes Manufacturing's Enterprise Value for the quarter that ended in . 20 was JOD0.00 Mil. Arabian Steel Pipes Manufacturing does not have enough years/quarters to calculate its EBIT for the trailing twelve months (TTM) ended in . 20. Therefore, GuruFocus does not calculate Arabian Steel Pipes Manufacturing's Earnings Yield (Joel Greenblatt) at this moment.

The historical rank and industry rank for Arabian Steel Pipes Manufacturing's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

AMM:ASPMM's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Steel industry.
Industry Median: 5.08
* Ranked among companies with meaningful Earnings Yield (Joel Greenblatt) % only.

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) %. Arabian Steel Pipes Manufacturing's Forward Rate of Return (Yacktman) % for the quarter that ended in . 20 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five 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.


Arabian Steel Pipes Manufacturing  (AMM:ASPMM) 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.


Arabian Steel Pipes Manufacturing Earnings Yield (Joel Greenblatt) % Related Terms


Arabian Steel Pipes Manufacturing Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Arabian Steel Pipes Manufacturing'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.

Arabian Steel Pipes Manufacturing Earnings Yield (Joel Greenblatt) % Chart

Arabian Steel Pipes Manufacturing Annual Data
Trend
Earnings Yield (Joel Greenblatt) %

Arabian Steel Pipes Manufacturing Quarterly Data
Earnings Yield (Joel Greenblatt) %

Arabian Steel Pipes Manufacturing Earnings Yield (Joel Greenblatt) % Competitor Comparison

For the Steel subindustry, Arabian Steel Pipes Manufacturing'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.


Arabian Steel Pipes Manufacturing Earnings Yield (Joel Greenblatt) % vs Steel Industry

For the Steel industry and Basic Materials sector, Arabian Steel Pipes Manufacturing's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Arabian Steel Pipes Manufacturing's Earnings Yield (Joel Greenblatt) % falls into.



Arabian Steel Pipes Manufacturing 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.

Arabian Steel Pipes Manufacturings Earnings Yield (Joel Greenblatt) for the fiscal year that ended in . 20 is calculated as

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


What does a Earnings Yield (Joel Greenblatt) % of 0.00% mean?
Arabian Steel Pipes Manufacturing (AMM:ASPMM) has a Earnings Yield (Joel Greenblatt) % of 0.00% as of . 20. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Arabian Steel Pipes Manufacturing and its competitors.
Is Arabian Steel Pipes Manufacturing's Earnings Yield (Joel Greenblatt) % too high?
Arabian Steel Pipes Manufacturing's current Earnings Yield (Joel Greenblatt) % is 0.00%.
How does Arabian Steel Pipes Manufacturing's Earnings Yield (Joel Greenblatt) % compare to competitors?
Arabian Steel Pipes Manufacturing's Earnings Yield (Joel Greenblatt) % of 0.00% can be compared against companies in the Steel industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.08. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a Steel company?
The median Earnings Yield (Joel Greenblatt) % among Steel companies is 5.08, based on 629 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Arabian Steel Pipes Manufacturing and its competitors. For the Steel industry, the median Earnings Yield (Joel Greenblatt) % is 5.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arabian Steel Pipes Manufacturing's current Earnings Yield (Joel Greenblatt) % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arabian Steel Pipes Manufacturing stock overvalued right now?
Arabian Steel Pipes Manufacturing (AMM:ASPMM) has a current Earnings Yield (Joel Greenblatt) % of 0.00%. The current Earnings Yield (Joel Greenblatt) % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Arabian Steel Pipes Manufacturing (AMM:ASPMM), the current Earnings Yield (Joel Greenblatt) % is 0.00% as of . 20. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Arabian Steel Pipes Manufacturing Business Description

Address 13 Amman Industrial Estate, Sahab, Amman, JOR, 11512
Arabian Steel Pipes Manufacturing is engaged in manufacturing steel pipes and tubes. Its products include circular, square, and rectangular steel tubes, electrical power transmission poles, 3LPE Coated Pipes, telecom towers, riser pipes, and much more. The company is also engaged in import and export, general trade, and production of electrical poles of all kinds, tubular, polygon, communication poles, forming sheet metal, manufacturing components of metal structures for special use, and general galvanizing. It includes the production of iron towers and their parts for high and medium-pressure electricity extension networks, communication towers, lighting towers, and insulation of pipes by all methods of insulation.