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Worldgate Global Logistics (HKSE:08292) Earnings Yield (Joel Greenblatt) % : -24.88% (As of Dec. 2024)


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What is Worldgate Global Logistics Earnings Yield (Joel Greenblatt) %?

Worldgate Global Logistics's Enterprise Value for the quarter that ended in Dec. 2024 was HK$48.8 Mil. Worldgate Global Logistics's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 was HK$-23.9 Mil. Worldgate Global Logistics's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2024 was -24.88%.

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

HKSE:08292' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -349.28   Med: -6.02   Max: 1.05
Current: -7.89

During the past 11 years, the highest Earnings Yield (Joel Greenblatt) of Worldgate Global Logistics was 1.05%. The lowest was -349.28%. And the median was -6.02%.

HKSE:08292's Earnings Yield (Joel Greenblatt) % is ranked worse than
94.3% of 1017 companies
in the Transportation industry
Industry Median: 7.43 vs HKSE:08292: -7.89

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) %. Worldgate Global Logistics'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.


Worldgate Global Logistics Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Worldgate Global Logistics'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.

Worldgate Global Logistics Earnings Yield (Joel Greenblatt) % Chart

Worldgate Global Logistics Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.55 -5.81 -4.96 -151.52 -24.88

Worldgate Global Logistics Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Dec24
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 -40.49 -59.17 -151.52 -116.28 -24.88

Competitive Comparison of Worldgate Global Logistics's Earnings Yield (Joel Greenblatt) %

For the Integrated Freight & Logistics subindustry, Worldgate Global Logistics'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.


Worldgate Global Logistics's Earnings Yield (Joel Greenblatt) % Distribution in the Transportation Industry

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

* The bar in red indicates where Worldgate Global Logistics's Earnings Yield (Joel Greenblatt) % falls into.


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Worldgate Global Logistics 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.

Worldgate Global Logisticss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-12.124/48.7724
=-24.86 %

Worldgate Global Logistics'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$-23.9 Mil.



Worldgate Global Logistics  (HKSE:08292) 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.


Worldgate Global Logistics Earnings Yield (Joel Greenblatt) % Related Terms

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Worldgate Global Logistics Business Description

Traded in Other Exchanges
N/A
Address
No. 42, Jalan Puteri 2/2, Bandar Puteri Puchong, Puchong, SGR, MYS, 47100
Worldgate Global Logistics Ltd is a well-established integrated logistics solution provider in Malaysia and Hong Kong principally engaged in providing international freight forwarding and logistics services, with a primary focus on air/sea freight forwarding and related services, trucking and warehousing to customers, manufacturing and sale of plastic products in Vietnam and trading of used mobile phones. It operates in three segments namely Freight forwarding and related services, Trading of used mobile phones, and Manufacturing and sale of plastic products. The majority of the revenue is derived from Trading used mobile phones.
Executives
Win All Management Limited 2101 Beneficial owner
Lau Chi Yuen Joseph 2101 Beneficial owner
Ng Hang Fai Calvin 2201 Interest of corporation controlled by you
Zhong Xian Wen 2201 Interest of corporation controlled by you

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