What is Dah Chong Hong Holdings Earnings Yield (Joel Greenblatt) %?
Dah Chong Hong Holdings's Enterprise Value for the quarter that ended in Jun. 2019 was $0 Mil.
Dah Chong Hong Holdings's EBIT for the trailing twelve months (TTM) ended in Jun. 2019 was $200 Mil. Dah Chong Hong Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2019 was 0.00%.
The historical rank and industry rank for Dah Chong Hong Holdings's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
DAHCY'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6 Med: 10.6 Max: 16.6
Current: 9.15
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Dah Chong Hong Holdings was 16.60%. The lowest was 6.00%. And the median was 10.60%.
DAHCY's Earnings Yield (Joel Greenblatt) % is not ranked
in the Vehicles & Parts industry.
Industry Median: 6.14
vs DAHCY: 9.15
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) %. Dah Chong Hong Holdings's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2019 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.
Dah Chong Hong Holdings Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Dah Chong Hong Holdings'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.
Dah Chong Hong Holdings Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of Dah Chong Hong Holdings's Earnings Yield (Joel Greenblatt) %
For the Auto & Truck Dealerships subindustry, Dah Chong Hong Holdings'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.
Dah Chong Hong Holdings's Earnings Yield (Joel Greenblatt) % Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Dah Chong Hong Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Dah Chong Hong Holdings's Earnings Yield (Joel Greenblatt) % falls into.
Dah Chong Hong Holdings 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.
Dah Chong Hong Holdingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2018 is calculated as
For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.
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.
Dah Chong Hong Holdings Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Dah Chong Hong Holdings's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Dah Chong Hong Holdings (Dah Chong Hong Holdings) Business Description
Dah Chong Hong Holdings Ltd (DCH) is a business conglomerate that operates in the consumer market of Greater China, Singapore and Japan. DCH operates a diversified portfolio of business including motor and motor-related business, as well as food and consumer products business with its logistics services activities. DCH's majority of the revenue is earned from the motor and motor related business that includes distribution and dealership of motor vehicle, and it's other motor related business includes an operation of independent service outlets, trading of equipment parts & used car, motor leasing, and selling of yachts. It also operates other small business including property, advertising, insurance and other investments.
Dah Chong Hong Holdings (Dah Chong Hong Holdings) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
DAHCY has been successfully added to your 