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KNT Holdings (HKSE:01025) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Sep. 2023)


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What is KNT Holdings Earnings Yield (Joel Greenblatt) %?

KNT Holdings's Enterprise Value for the quarter that ended in Sep. 2023 was HK$374.23 Mil. KNT Holdings's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-26.77 Mil. KNT Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2023 was 0.00%.

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

HKSE:01025' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -56.71   Med: -10.53   Max: 70.39
Current: -39.68

During the past 8 years, the highest Earnings Yield (Joel Greenblatt) of KNT Holdings was 70.39%. The lowest was -56.71%. And the median was -10.53%.

HKSE:01025's Earnings Yield (Joel Greenblatt) % is ranked worse than
97.71% of 1091 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.97 vs HKSE:01025: -39.68

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) %. KNT Holdings's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2023 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.


KNT Holdings Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for KNT 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.

KNT Holdings Earnings Yield (Joel Greenblatt) % Chart

KNT Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial 1.38 -28.57 -37.04 -7.79 -7.18

KNT Holdings Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - -7.79 - -7.18 -

Competitive Comparison of KNT Holdings's Earnings Yield (Joel Greenblatt) %

For the Apparel Manufacturing subindustry, KNT 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.


KNT Holdings's Earnings Yield (Joel Greenblatt) % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, KNT Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



KNT 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.

KNT Holdingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-30.24/420.938005
=-7.18 %

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.



KNT Holdings  (HKSE:01025) 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.


KNT Holdings Earnings Yield (Joel Greenblatt) % Related Terms

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


KNT Holdings (HKSE:01025) Business Description

Traded in Other Exchanges
N/A
Address
No. 120 Texaco Road, 30th Floor, EW International Tower, New Territories, Tsuen Wan, Hong Kong, HKG
KNT Holdings Ltd is an investment holding company. It is engaged in the manufacturing and trading of garments. It generates revenue from the sale of garment products such as Bridesmaid dresses, Bridal gowns, Special occasion dresses, and others. Geographically, it derives a majority of revenue from the United States of America and also has a presence in Europe, Australia, and Other Countries.
Executives
China International Capital Corporation Limited 2201 Interest of corporation controlled by you
Yu Shangli 2101 Beneficial owner
Jpmorgan Chase & Co. 2201 Interest of corporation controlled by you
Tsang Ming Sophronia 2201 Interest of corporation controlled by you
Total Clarity Investments Limited 2101 Beneficial owner
Destiny Nova Group Limited 2201 Interest of corporation controlled by you
Outlets Asset Management Group Co., Limited 2101 Beneficial owner
Chong Pun 2201 Interest of corporation controlled by you
Above Rainbow Limited 2101 Beneficial owner
Strategic Elite Limited 2101 Beneficial owner
Chong Sik 2201 Interest of corporation controlled by you
Lok Pui Yee Fanny 2202 Interest of your spouse
Tsang Kit Fong 2202 Interest of your spouse

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