What is China Netcom Technology Holdings Earnings Yield (Joel Greenblatt) %?
China Netcom Technology Holdings's Enterprise Value for the quarter that ended in Dec. 2024 was HK$70.74 Mil.
China Netcom Technology Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 was HK$-7.41 Mil. China Netcom Technology Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2024 was -16.69%.
The historical rank and industry rank for China Netcom Technology Holdings's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
HKSE:08071'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -230.24 Med: -12.53 Max: 34.43
Current: -4.64
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of China Netcom Technology Holdings was 34.43%. The lowest was -230.24%. And the median was -12.53%.
HKSE:08071's Earnings Yield (Joel Greenblatt) % is ranked worse than 75.18% of 2853
companies
in the Software industry
Industry Median: 1.51
vs HKSE:08071: -4.64
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) %. China Netcom Technology Holdings's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2024 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.
China Netcom Technology Holdings 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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China Netcom Technology Holdings Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of China Netcom Technology Holdings's Earnings Yield (Joel Greenblatt) %
For the Software - Application subindustry, China Netcom Technology 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.
China Netcom Technology Holdings's Earnings Yield (Joel Greenblatt) % Distribution in the Software Industry
For the Software industry and Technology sector, China Netcom Technology Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where China Netcom Technology Holdings's Earnings Yield (Joel Greenblatt) % falls into.
China Netcom Technology 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.
China Netcom Technology Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$-7.41 Mil.
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.
China Netcom Technology Holdings Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of China Netcom Technology Holdings's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
China Netcom Technology Holdings Business Description
China Netcom Technology Holdings Ltd and its subsidiaries are engaged in the Smart Retail Business and Automotive Culture Business. The vast majority of its revenue is generated from Smart Retail Business, which is into the provision of new retail digital transformation solutions and new retail integrated software service platform to chain retailers and merchants, and extended services such as cloud services, omnichannel payment services, and SMS marketing services, etc. Geographically, the company has business operations in the PRC and Hong Kong, of which key revenue is derived from the PRC.
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