The historical rank and industry rank for Beauty Farm Medical & Health Industry's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
HKSE:02373'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.57 Med: 11.98 Max: 29.08
Current: 12.29
During the past 6 years, the highest Earnings Yield (Joel Greenblatt) of Beauty Farm Medical & Health Industry was 29.08%. The lowest was 2.57%. And the median was 11.98%.
HKSE:02373's Earnings Yield (Joel Greenblatt) % is ranked better than 89.4% of 689
companies
in the Healthcare Providers & Services industry
Industry Median: 2.63
vs HKSE:02373: 12.29
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) %. Beauty Farm Medical & Health Industry's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2024 was 21.76%. 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.
Beauty Farm Medical & Health Industry Earnings Yield (Joel Greenblatt) % Historical Data
* 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.
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Beauty Farm Medical & Health Industry Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of Beauty Farm Medical & Health Industry's Earnings Yield (Joel Greenblatt) %
For the Medical Care Facilities subindustry, Beauty Farm Medical & Health Industry'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.
Beauty Farm Medical & Health Industry's Earnings Yield (Joel Greenblatt) % Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Beauty Farm Medical & Health Industry's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Beauty Farm Medical & Health Industry's Earnings Yield (Joel Greenblatt) % falls into.
Beauty Farm Medical & Health Industry 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.
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.
Beauty Farm Medical & Health Industry (HKSE:02373) 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.
Beauty Farm Medical & Health Industry Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Beauty Farm Medical & Health Industry's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Beauty Farm Medical & Health Industry Business Description
Beauty Farm Medical & Health Industry Inc is an investment holding company. The Company and its subsidiaries are principally engaged in providing beauty and health management service, including traditional beauty services, aesthetic medical services as well as subhealth assessment and intervention services in the People's Republic of China.
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