Samaggi Insurance PCL (BKK:SMG-R) Earnings Yield (Joel Greenblatt) %: 17.73% (As of Mar. 2016) — 14% Above Median

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What is Samaggi Insurance PCL Earnings Yield (Joel Greenblatt) %?

Samaggi Insurance PCL BKK:SMG-R Earnings Yield (Joel Greenblatt) % is 17.73% as of Mar. 2016, which is 14% above its 10-year median of 15.60. The stock has 3 warning signs investors should review.

Samaggi Insurance PCL's Enterprise Value for the quarter that ended in Mar. 2016 was ฿0.00 Mil. Samaggi Insurance PCL's EBIT for the trailing twelve months (TTM) ended in Mar. 2016 was ฿1,156.86 Mil. Samaggi Insurance PCL's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2016 was 17.73%.

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

BKK:SMG-R' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2   Med: 15.6   Max: 24.9
Current: 18.9

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Samaggi Insurance PCL was 24.90%. The lowest was 2.00%. And the median was 15.60%.

BKK:SMG-R's Earnings Yield (Joel Greenblatt) % is not ranked
in the Insurance industry.
Industry Median: 6.9 vs BKK:SMG-R: 18.90

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) %. Samaggi Insurance PCL's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2016 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.


Samaggi Insurance PCL  (BKK:SMG-R) 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.


Samaggi Insurance PCL Earnings Yield (Joel Greenblatt) % Related Terms


Samaggi Insurance PCL Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Samaggi Insurance 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.

Samaggi Insurance PCL Earnings Yield (Joel Greenblatt) % Chart

Samaggi Insurance PCL Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -47.17 11.38 16.23 18.55 15.72

Samaggi Insurance PCL Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.84 16.47 19.53 15.72 17.73

BKK:SMG-R vs PTVCA, FNHC: Earnings Yield (Joel Greenblatt) % Comparison

For the Insurance - Property & Casualty subindustry, Samaggi Insurance 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.


Samaggi Insurance PCL Earnings Yield (Joel Greenblatt) % vs Insurance Industry

For the Insurance industry and Financial Services sector, Samaggi Insurance PCL's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Samaggi Insurance 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.

Samaggi Insurance PCLs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2015 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=1082.206/0
= %

Samaggi Insurance PCL's EBIT for the trailing twelve months (TTM) ended in Mar. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿1,156.86 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 17.73% mean?
Samaggi Insurance PCL (BKK:SMG-R) has a Earnings Yield (Joel Greenblatt) % of 17.73% as of Mar. 2016. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Samaggi Insurance PCL and its competitors. This is 14% above median its historical median of 15.60. Over the past decade, Samaggi Insurance PCL's Earnings Yield (Joel Greenblatt) % has ranged from 2.00 to 24.90.
Is Samaggi Insurance PCL's Earnings Yield (Joel Greenblatt) % too high?
Samaggi Insurance PCL's current Earnings Yield (Joel Greenblatt) % of 17.73% is 14% above median its 10-year median of 15.60. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 24.90. The Insurance industry median Earnings Yield (Joel Greenblatt) % is 6.90. Samaggi Insurance PCL's value of 17.73% is 157% above this industry median.
How does Samaggi Insurance PCL's Earnings Yield (Joel Greenblatt) % compare to PTVCA and FNHC?
Samaggi Insurance PCL's Earnings Yield (Joel Greenblatt) % of 17.73% can be compared against companies in the Insurance industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.90. Samaggi Insurance PCL's value of 17.73% is 157% above this benchmark. Historically, Samaggi Insurance PCL's own Earnings Yield (Joel Greenblatt) % has ranged from 2.00 to 24.90 over the past decade. While the company's 10-year median is 15.60 vs. the industry median of 6.90, Samaggi Insurance PCL has consistently been above the industry average. 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 an Insurance company?
The median Earnings Yield (Joel Greenblatt) % among Insurance companies is 6.90, based on 513 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. Samaggi Insurance PCL's current Earnings Yield (Joel Greenblatt) % of 17.73% is 157% above the industry median. 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 Samaggi Insurance PCL and its competitors. For the Insurance industry, the median Earnings Yield (Joel Greenblatt) % is 6.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Samaggi Insurance PCL's current Earnings Yield (Joel Greenblatt) % is 17.73%, which is 14% above median its own 10-year median of 15.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Samaggi Insurance PCL stock overvalued right now?
Samaggi Insurance PCL (BKK:SMG-R) has a current Earnings Yield (Joel Greenblatt) % of 17.73%. The current Earnings Yield (Joel Greenblatt) % is 17.73%, which is 14% above median its 10-year median of 15.60 and 157% above the Insurance industry median of 6.90. 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 Samaggi Insurance PCL (BKK:SMG-R), the current Earnings Yield (Joel Greenblatt) % is 17.73% as of Mar. 2016. 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.

Samaggi Insurance PCL Business Description

Siam Commercial Samaggi Insurance Public Company Limited operates a non-life insurance business including fire, marine and cargo, motor and miscellaneous insurance.