GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Thai Oil PCL (FRA:LQZ) » Definitions » Earnings Yield (Joel Greenblatt) %

Thai Oil PCL (FRA:LQZ) Earnings Yield (Joel Greenblatt) % : 7.17% (As of Mar. 2025)


View and export this data going back to 2004. Start your Free Trial

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

Thai Oil PCL's Enterprise Value for the quarter that ended in Mar. 2025 was €5,054 Mil. Thai Oil PCL's EBIT for the trailing twelve months (TTM) ended in Mar. 2025 was €351 Mil. Thai Oil PCL's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2025 was 7.17%.

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

FRA:LQZ' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -7.53   Med: 10.24   Max: 23.94
Current: 6.84

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Thai Oil PCL was 23.94%. The lowest was -7.53%. And the median was 10.24%.

FRA:LQZ's Earnings Yield (Joel Greenblatt) % is ranked better than
54.32% of 1066 companies
in the Oil & Gas industry
Industry Median: 5.485 vs FRA:LQZ: 6.84

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) %. Thai Oil PCL's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2025 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.


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

The historical data trend for Thai Oil 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.

Thai Oil PCL Earnings Yield (Joel Greenblatt) % Chart

Thai Oil PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 6.84 16.18 10.40 8.14

Thai Oil PCL Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 10.16 13.39 6.30 8.14 7.17

Competitive Comparison of Thai Oil PCL's Earnings Yield (Joel Greenblatt) %

For the Oil & Gas Refining & Marketing subindustry, Thai Oil 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.


Thai Oil PCL's Earnings Yield (Joel Greenblatt) % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Thai Oil PCL's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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


;
;

Thai Oil 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.

Thai Oil PCLs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=456.373/5651.29516
=8.08 %

Thai Oil PCL's EBIT for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was €351 Mil.



Thai Oil PCL  (FRA:LQZ) 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.


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

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


Thai Oil PCL Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Thai Oil PCL (FRA:LQZ) » Definitions » Earnings Yield (Joel Greenblatt) %
Address
Vibhavadi Rangsit Road, 555/1 Energy Complex, 11th Floor, Building A, Chatuchak Subdistrict, Chatuchak District, Bangkok, THA, 10900
Thai Oil PCL operates an integrated business in oil refining and petrochemicals. Along with oil refinery and distributions, the company has also expanded into other related businesses including petrochemicals-aromatics and olefin chain, lube base oil, etc. In addition, there are also ethanol and supporting businesses such as pipeline transportation, ethanol, recruitment services for Thaioil and subsidiaries, as well as treasury center to enhance Thaioil and subsidiaries. Along with its subsidiaries, the company operates in the following reportable segments; Oil refinery, which derives key revenue, Lube base oil refinery, Aromatics and LAB, Solvent, Power generation, Ethanol, Olefins, and Others. Geographically, it derives key revenue from Thailand, followed by Indonesia and other regions.

Thai Oil PCL Headlines

No Headlines