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Infinity Logistics And Transport Ventures (HKSE:01442) Earnings Yield (Joel Greenblatt) % : 3.28% (As of Dec. 2023)


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What is Infinity Logistics And Transport Ventures Earnings Yield (Joel Greenblatt) %?

Infinity Logistics And Transport Ventures's Enterprise Value for the quarter that ended in Dec. 2023 was HK$1,880.9 Mil. Infinity Logistics And Transport Ventures's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$62.0 Mil. Infinity Logistics And Transport Ventures's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 3.28%.

The historical rank and industry rank for Infinity Logistics And Transport Ventures's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

HKSE:01442' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.92   Med: 3.84   Max: 8.49
Current: 6.26

During the past 8 years, the highest Earnings Yield (Joel Greenblatt) of Infinity Logistics And Transport Ventures was 8.49%. The lowest was 1.92%. And the median was 3.84%.

HKSE:01442's Earnings Yield (Joel Greenblatt) % is ranked worse than
53.65% of 1001 companies
in the Transportation industry
Industry Median: 7.08 vs HKSE:01442: 6.26

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) %. Infinity Logistics And Transport Ventures's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 was 6.67%. 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.


Infinity Logistics And Transport Ventures Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Infinity Logistics And Transport Ventures'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.

Infinity Logistics And Transport Ventures Earnings Yield (Joel Greenblatt) % Chart

Infinity Logistics And Transport Ventures Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial - 7.98 2.80 2.92 3.28

Infinity Logistics And Transport Ventures Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 2.80 - 2.92 - 3.28

Competitive Comparison of Infinity Logistics And Transport Ventures's Earnings Yield (Joel Greenblatt) %

For the Integrated Freight & Logistics subindustry, Infinity Logistics And Transport Ventures'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.


Infinity Logistics And Transport Ventures's Earnings Yield (Joel Greenblatt) % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Infinity Logistics And Transport Ventures's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Infinity Logistics And Transport Ventures's Earnings Yield (Joel Greenblatt) % falls into.



Infinity Logistics And Transport Ventures 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.

Infinity Logistics And Transport Venturess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=61.633/1880.937
=3.28 %

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.



Infinity Logistics And Transport Ventures  (HKSE:01442) 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.


Infinity Logistics And Transport Ventures Earnings Yield (Joel Greenblatt) % Related Terms

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


Infinity Logistics And Transport Ventures (HKSE:01442) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Jalan Kasuarina 8, Infinity House, Bandar Botanic, Klang, Klang, SGR, MYS, 41200
Infinity Logistics And Transport Ventures Ltd is an investment holding company. It operates in three segments: Integrated freight forwarding services segment, which provides non-vessel operating common carriers (NVOCC) and freight forwarding services; Logistics center and related services segment provides warehousing and container depot services; Land transportation services segment provides land transportation services; Flexitank solution & related services segment provides flexitank solution and related services; and Fourth-party Logistics (4PL) services. The company's geographical segments include China, Indonesia, Malaysia, Netherlands, Singapore, South Korea, Thailand, Vietnam, and Others, of which maximum revenue comes from Malaysia.
Executives
2926 Holdings Limited 2103 Interests held jointly with another person
Chan Kong Yew
Kwan Siew Deeg
Lo Shing Ping
Tan Jyh Yaong

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