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Dong Nai JSC Of Agricultural Material (HSTC:DOC) Earnings Yield (Joel Greenblatt) % : 0.00% (As of . 20)


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What is Dong Nai JSC Of Agricultural Material Earnings Yield (Joel Greenblatt) %?

Dong Nai JSC Of Agricultural Material's Enterprise Value for the quarter that ended in . 20 was ₫0.00 Mil. Dong Nai JSC Of Agricultural Material does not have enough years/quarters to calculate its EBIT for the trailing twelve months (TTM) ended in . 20. Therefore, GuruFocus does not calculate Dong Nai JSC Of Agricultural Material's Earnings Yield (Joel Greenblatt) at this moment.

The historical rank and industry rank for Dong Nai JSC Of Agricultural Material's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

HSTC:DOC's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Agriculture industry.
Industry Median: 4.91
* Ranked among companies with meaningful Earnings Yield (Joel Greenblatt) % only.

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) %. Dong Nai JSC Of Agricultural Material's Forward Rate of Return (Yacktman) % for the quarter that ended in . 20 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.


Dong Nai JSC Of Agricultural Material Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Dong Nai JSC Of Agricultural Material'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.

Dong Nai JSC Of Agricultural Material Earnings Yield (Joel Greenblatt) % Chart

Dong Nai JSC Of Agricultural Material Annual Data
Trend
Earnings Yield (Joel Greenblatt) %

Dong Nai JSC Of Agricultural Material Semi-Annual Data
Earnings Yield (Joel Greenblatt) %

Competitive Comparison of Dong Nai JSC Of Agricultural Material's Earnings Yield (Joel Greenblatt) %

For the Agricultural Inputs subindustry, Dong Nai JSC Of Agricultural Material'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.


Dong Nai JSC Of Agricultural Material's Earnings Yield (Joel Greenblatt) % Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Dong Nai JSC Of Agricultural Material's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Dong Nai JSC Of Agricultural Material's Earnings Yield (Joel Greenblatt) % falls into.


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Dong Nai JSC Of Agricultural Material 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.

Dong Nai JSC Of Agricultural Materials Earnings Yield (Joel Greenblatt) for the fiscal year that ended in . 20 is calculated as

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



Dong Nai JSC Of Agricultural Material  (HSTC:DOC) 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.


Dong Nai JSC Of Agricultural Material Earnings Yield (Joel Greenblatt) % Related Terms

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


Dong Nai JSC Of Agricultural Material Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Road No. 1, Bien Hoa 1 Industrial Park, An Binh Ward, Dong Nai Province, Bien Hoa City, VNM
Dong Nai JSC Of Agricultural Material is engaged in manufacturing and trading of fertilizers and wholesale of agricultural products. The company's products include pesticides, plant protection drugs, veterinary drugs for livestock and aquatic veterinary drugs, materials, equipment and spare parts for agricultural and aquatic machinery.