The historical rank and industry rank for Duc Quan Investment and Development JSC's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
HSTC:FTM's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Manufacturing - Apparel & Accessories 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) %. Duc Quan Investment and Development JSC'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.
Duc Quan Investment and Development JSC 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.
* Premium members only.
Duc Quan Investment and Development JSC Earnings Yield (Joel Greenblatt) % Chart
Duc Quan Investment and Development JSC Annual Data
Trend
Earnings Yield (Joel Greenblatt) %
Duc Quan Investment and Development JSC Semi-Annual Data
Earnings Yield (Joel Greenblatt) %
Competitive Comparison of Duc Quan Investment and Development JSC's Earnings Yield (Joel Greenblatt) %
For the Textile Manufacturing subindustry, Duc Quan Investment and Development JSC'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.
Duc Quan Investment and Development JSC's Earnings Yield (Joel Greenblatt) % Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Duc Quan Investment and Development JSC's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Duc Quan Investment and Development JSC's Earnings Yield (Joel Greenblatt) % falls into.
Duc Quan Investment and Development JSC 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.
Duc Quan Investment and Development JSC (HSTC:FTM) 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.
Duc Quan Investment and Development JSC Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Duc Quan Investment and Development JSC's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Duc Quan Investment and Development JSC Business Description
Duc Quan Investment and Development JSC is engaged in the manufacturing of cotton yarn. The company's products include cotton combed yarns, cotton carded yarns and cotton open-end yarns. It produces and exports woven fabrics, textile products, knitted fabrics, costumes, readymade garments.
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