Yong Thai PCL (BKK:YCI-R) Earnings Yield (Joel Greenblatt) %: -1.07% (As of Mar. 2021)


What is Yong Thai PCL Earnings Yield (Joel Greenblatt) %?

Yong Thai PCL BKK:YCI-R 4 Earnings Yield (Joel Greenblatt) % is -1.07% as of Mar. 2021. GuruFocus rates BKK:YCI-R with a GF Score™ of 4/100. The stock has 5 warning signs investors should review.

Yong Thai PCL's Enterprise Value for the quarter that ended in Mar. 2021 was ฿0.00 Mil. Yong Thai PCL's EBIT for the trailing twelve months (TTM) ended in Mar. 2021 was ฿-2.15 Mil. Yong Thai PCL's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2021 was -1.07%.

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

BKK:YCI-R' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -80.4   Med: -12.08   Max: 8.4
Current: -5.94

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Yong Thai PCL was 8.40%. The lowest was -80.40%. And the median was -12.08%.

BKK:YCI-R's Earnings Yield (Joel Greenblatt) % is not ranked
in the Chemicals industry.
Industry Median: 3.365 vs BKK:YCI-R: -5.94

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) %. Yong Thai PCL's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2021 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.


Yong Thai PCL  (BKK:YCI-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.


Yong Thai PCL Earnings Yield (Joel Greenblatt) % Related Terms


Yong Thai PCL Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Yong Thai 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.

Yong Thai PCL Earnings Yield (Joel Greenblatt) % Chart

Yong Thai PCL Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.50 -9.45 -7.27 -9.56 -42.02

Yong Thai PCL Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 -37.17 -54.95 -10.65 -9.03 -1.07

BKK:YCI-R vs APD, DD, DOW: Earnings Yield (Joel Greenblatt) % Comparison

For the Chemicals subindustry, Yong Thai 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.


Yong Thai PCL Earnings Yield (Joel Greenblatt) % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Yong Thai PCL's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Yong Thai 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.

Yong Thai PCLs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2019 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-52.885/0
= %

Yong Thai PCL's EBIT for the trailing twelve months (TTM) ended in Mar. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿-2.15 Mil.


What does a Earnings Yield (Joel Greenblatt) % of -1.07% mean?
Yong Thai PCL (BKK:YCI-R) has a Earnings Yield (Joel Greenblatt) % of -1.07% as of Mar. 2021. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Yong Thai PCL and its competitors.
Is Yong Thai PCL's Earnings Yield (Joel Greenblatt) % too high?
Yong Thai PCL's current Earnings Yield (Joel Greenblatt) % is -1.07%. Overall, Yong Thai PCL has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Yong Thai PCL's Earnings Yield (Joel Greenblatt) % compare to APD and DD?
Yong Thai PCL's Earnings Yield (Joel Greenblatt) % of -1.07% can be compared against companies in the Chemicals industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.37. 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 Chemicals company?
The median Earnings Yield (Joel Greenblatt) % among Chemicals companies is 3.37, based on 1,632 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 Yong Thai PCL and its competitors. For the Chemicals industry, the median Earnings Yield (Joel Greenblatt) % is 3.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yong Thai PCL's current Earnings Yield (Joel Greenblatt) % is -1.07%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yong Thai PCL stock overvalued right now?
Yong Thai PCL (BKK:YCI-R) has a current Earnings Yield (Joel Greenblatt) % of -1.07%. The current Earnings Yield (Joel Greenblatt) % is -1.07%. Yong Thai PCL's overall GF Score™ is 4/100 with 5 warning signs to review. 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 Yong Thai PCL (BKK:YCI-R), the current Earnings Yield (Joel Greenblatt) % is -1.07% as of Mar. 2021. 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.

Yong Thai PCL Business Description

Address South Sathorn Road, No. 1 Empire Tower, 27th Floor, Room 2701-3, 2712-14, Yannawa Sub District, Sathorn District, Bangkok, THA, 10120
Yong Thai PCL is a Thailand-based company engaged in the production of industrial chemicals. It has a single reportable segment which is the Business concerning zirconium production. Its business operation is located in Thailand. The products offered by the company include Zirconium Silicate, Zircon Flour, Zircon Sand, Liquid Acid, Sulphur, and Aluminium Hydroxide.