What is Advice IT Infinite PCL Earnings Yield (Joel Greenblatt) %?
Advice IT Infinite PCL's Enterprise Value for the quarter that ended in Sep. 2023 was ฿0 Mil.
Advice IT Infinite PCL's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was ฿152 Mil. Advice IT Infinite PCL's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2023 was 0.00%.
The historical rank and industry rank for Advice IT Infinite PCL's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
BKK:ADVICE'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.97 Med: 8.96 Max: 9.87
Current: 5.05
During the past 3 years, the highest Earnings Yield (Joel Greenblatt) of Advice IT Infinite PCL was 9.87%. The lowest was 4.97%. And the median was 8.96%.
BKK:ADVICE's Earnings Yield (Joel Greenblatt) % is ranked better than 61.79% of 2486
companies
in the Hardware industry
Industry Median: 3.08
vs BKK:ADVICE: 5.05
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) %. Advice IT Infinite PCL's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 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.
Advice IT Infinite PCL Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Advice IT Infinite PCL'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.
Advice IT Infinite PCL Earnings Yield (Joel Greenblatt) % Chart
Advice IT Infinite PCL Annual Data
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Dec20
Dec21
Dec22
Earnings Yield (Joel Greenblatt) %
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Advice IT Infinite PCL Quarterly Data
Dec21
Sep22
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Sep23
Earnings Yield (Joel Greenblatt) %
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Competitive Comparison of Advice IT Infinite PCL's Earnings Yield (Joel Greenblatt) %
For the Electronics & Computer Distribution subindustry, Advice IT Infinite PCL'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.
Advice IT Infinite PCL's Earnings Yield (Joel Greenblatt) % Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Advice IT Infinite PCL's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Advice IT Infinite PCL's Earnings Yield (Joel Greenblatt) % falls into.
Advice IT Infinite PCL 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.
Advice IT Infinite PCLs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2022 is calculated as
Advice IT Infinite PCL's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿152 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.
Advice IT Infinite PCL Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Advice IT Infinite PCL's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Advice IT Infinite PCL (BKK:ADVICE) Business Description
Advice IT Infinite PCL is a retailer and wholesaler of IT products in the Thailand. It operates a business of selling, retail-wholesale products and providing IT services. It sells a variety of IT products ranging from computer assembly (DIY), notebook computers, desktop computers and various peripherals such as monitors, printers, mice, keyboards, network equipment. The company has three segments; Retail; Wholesale and services, out of which Retail Segment derives maximum profit.
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