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Sino Logistics PCL (BKK:SINO) Earnings Yield (Joel Greenblatt) % : 5.78% (As of Mar. 2024)


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What is Sino Logistics PCL Earnings Yield (Joel Greenblatt) %?

Sino Logistics PCL's Enterprise Value for the quarter that ended in Mar. 2024 was ฿1,019 Mil. Sino Logistics PCL's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ฿59 Mil. Sino Logistics PCL's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2024 was 5.78%.

The historical rank and industry rank for Sino Logistics PCL's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

BKK:SINO' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -416.22   Med: 7.17   Max: 30.8
Current: 4.97

During the past 3 years, the highest Earnings Yield (Joel Greenblatt) of Sino Logistics PCL was 30.80%. The lowest was -416.22%. And the median was 7.17%.

BKK:SINO's Earnings Yield (Joel Greenblatt) % is ranked worse than
64.09% of 997 companies
in the Transportation industry
Industry Median: 7.04 vs BKK:SINO: 4.97

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) %. Sino Logistics PCL'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.


Sino Logistics PCL Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Sino Logistics 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.

Sino Logistics PCL Earnings Yield (Joel Greenblatt) % Chart

Sino Logistics PCL Annual Data
Trend Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
- - 7.25

Sino Logistics PCL Quarterly Data
Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only - - 10.17 7.25 5.78

Competitive Comparison of Sino Logistics PCL's Earnings Yield (Joel Greenblatt) %

For the Integrated Freight & Logistics subindustry, Sino Logistics 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.


Sino Logistics PCL's Earnings Yield (Joel Greenblatt) % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Sino Logistics PCL's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Sino Logistics PCL's Earnings Yield (Joel Greenblatt) % falls into.



Sino Logistics 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.

Sino Logistics PCLs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=83.635/1153.738
=7.25 %

Sino Logistics PCL'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 ฿59 Mil.



Sino Logistics PCL  (BKK:SINO) 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.


Sino Logistics PCL Earnings Yield (Joel Greenblatt) % Related Terms

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Sino Logistics PCL (BKK:SINO) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Rama 3 Road, 7th Floor, Unit No. 05, 1011 Supalai Grand Tower, Chongnonsee, Yannawa, Bangkok, THA, 10120
Sino Logistics Corp PCL is engaged in international and domestic freight forwarding, for sea freight, air freight, land transportation, and multimodal transport operator, warehouse rental service, and provides customs clearance services for imports and exports. It has four reportable segments, which are sea freight, air freight, warehouse rental service, and logistics support. It generate the majority of its revenue from Sea freight.

Sino Logistics PCL (BKK:SINO) Headlines

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