GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Hutchison Whampoa Ltd (FRA:HUWH) » Definitions » Earnings Yield (Joel Greenblatt) %

Hutchison Whampoa (FRA:HUWH) Earnings Yield (Joel Greenblatt) % : 16.50% (As of Dec. 2014)


View and export this data going back to . Start your Free Trial

What is Hutchison Whampoa Earnings Yield (Joel Greenblatt) %?

Hutchison Whampoa's Enterprise Value for the quarter that ended in Dec. 2014 was €57,141 Mil. Hutchison Whampoa's EBIT for the trailing twelve months (TTM) ended in Dec. 2014 was €9,309 Mil. Hutchison Whampoa's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2014 was 16.50%.

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

FRA:HUWH's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Retail - Cyclical industry.
Industry Median: 4.95
* Ranked among companies with meaningful Earnings Yield (Joel Greenblatt) % only.

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) %. Hutchison Whampoa's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2014 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.


Hutchison Whampoa Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Hutchison Whampoa'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.

Hutchison Whampoa Earnings Yield (Joel Greenblatt) % Chart

Hutchison Whampoa Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.71 4.32 7.95 7.94 16.50

Hutchison Whampoa Semi-Annual Data
Dec99 Dec04 Dec05 Dec06 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14
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 7.95 - 7.94 - 16.50

Competitive Comparison of Hutchison Whampoa's Earnings Yield (Joel Greenblatt) %

For the Department Stores subindustry, Hutchison Whampoa'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.


Hutchison Whampoa's Earnings Yield (Joel Greenblatt) % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Hutchison Whampoa's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Hutchison Whampoa's Earnings Yield (Joel Greenblatt) % falls into.



Hutchison Whampoa 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.

Hutchison Whampoas Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2014 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=9730.515/57141.1928
=17.03 %

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.



Hutchison Whampoa  (FRA:HUWH) 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.


Hutchison Whampoa Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Hutchison Whampoa's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Hutchison Whampoa (FRA:HUWH) Business Description

Traded in Other Exchanges
N/A
Address
Hutchison Whampoa Ltd is a multinational conglomerate engaged in the development, innovation and technology in various sector. The Company has six businesses segments: ports and related services, property and hotels, retail, infrastructure, energy, and telecommunications. The Company holds interests in 52 ports comprising 278 operational berths in 26 countries, including container terminals operating in five of the 10 busiest container ports in the world. It also engages in mid-stream operations, river trade, cruise terminal operations and ports related logistics services. It develops and invests in real estate projects, ranging from landmark office buildings to luxury residential properties. It holds a rental property portfolio of approximately 14.0 million square feet of office, commercial, industrial and residential premises, primarily in Hong Kong, as well as interests in a number of joint-venture developments in Mainland China and selective overseas markets. The Company has over 10,500 retail stores in 25 markets worldwide. Its retail portfolio comprises health and beauty products, supermarkets, consumer electronics and electrical appliances. The Company's infrastructure business operates mainly in Hong Kong, the United Kingdom, the Netherlands, the Mainland, Australia, New Zealand and Canada. The Company's investments in energy are principally in Canada, the United States, the Mainland, Taiwan, Greenland and Indonesia. Husky Energy Inc is a listed Canadian-based integrated energy and energy related company. The Company is an operator of mobile telecommunication and data services, and a mobile broadband technology in the world. It is also an owner and operator of fibre-optic fixed line networks in Hong Kong.

Hutchison Whampoa (FRA:HUWH) Headlines

No Headlines