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CHK Oil (HKSE:00632) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Jun. 2024)


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What is CHK Oil Earnings Yield (Joel Greenblatt) %?

CHK Oil's Enterprise Value for the quarter that ended in Jun. 2024 was HK$46.6 Mil. CHK Oil's EBIT for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-63.8 Mil. CHK Oil's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2024 was 0.00%.

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

HKSE:00632' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -563.64   Med: -15.12   Max: 132.17
Current: -20.58

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of CHK Oil was 132.17%. The lowest was -563.64%. And the median was -15.12%.

HKSE:00632's Earnings Yield (Joel Greenblatt) % is ranked worse than
88.46% of 1066 companies
in the Oil & Gas industry
Industry Median: 5.5 vs HKSE:00632: -20.58

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) %. CHK Oil's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2024 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.


CHK Oil Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for CHK Oil'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.

CHK Oil Earnings Yield (Joel Greenblatt) % Chart

CHK Oil Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -64.52 11.05 89.29 6.86 -42.74

CHK Oil Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - 6.86 - -42.74 -

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

For the Oil & Gas E&P subindustry, CHK Oil'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.


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

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

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



CHK Oil 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.

CHK Oils Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-59.03/137.92206
=-42.80 %

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.



CHK Oil  (HKSE:00632) 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.


CHK Oil Earnings Yield (Joel Greenblatt) % Related Terms

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


CHK Oil Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CHK Oil Ltd (HKSE:00632) » Definitions » Earnings Yield (Joel Greenblatt) %
Traded in Other Exchanges
N/A
Address
No. 132 Nathan Road, Units 2617-18, 26th Floor, Mira Place Tower A, Kowloon, Tsim Sha Tsui, Hong Kong, HKG
CHK Oil Ltd is principally engaged in the investment holding, exploring, exploiting and sale of oil and natural gas, and trading of oil, oil-related and other products. The group holds an exploitation interest in the Utah Gas and Oil Field Project located in Utah in the United States of America. The Group is principally engaged in oil and gas sales; and trading of oil and oil-related and other products. It has a business presence in Hong Kong, the PRC and the United states, of which key revenue is derived from the PRC.
Executives
Chen Junyan 2201 Interest of corporation controlled by you
Yu Zhibo 2201 Interest of corporation controlled by you
Xin Hua Petroleum (hong Kong) Limited 2101 Beneficial owner
So Kuen Kwok 2101 Beneficial owner
Mid-east Petroleum Group Ltd 2101 Beneficial owner

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