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Makim Makina Teknolojilerinayi Ve Ticaret Anonim Sirketi (IST:MAKIM) Earnings Yield (Joel Greenblatt) % : 9.40% (As of Sep. 2024)


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What is Makim Makina Teknolojilerinayi Ve Ticaret Anonim Sirketi Earnings Yield (Joel Greenblatt) %?

Makim Makina Teknolojilerinayi Ve Ticaret Anonim Sirketi's Enterprise Value for the quarter that ended in Sep. 2024 was ₺2,528.3 Mil. Makim Makina Teknolojilerinayi Ve Ticaret Anonim Sirketi's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was ₺237.7 Mil. Makim Makina Teknolojilerinayi Ve Ticaret Anonim Sirketi's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2024 was 9.40%.

The historical rank and industry rank for Makim Makina Teknolojilerinayi Ve Ticaret Anonim Sirketi's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

IST:MAKIM' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.71   Med: 6.41   Max: 12.12
Current: 9.64

During the past 5 years, the highest Earnings Yield (Joel Greenblatt) of Makim Makina Teknolojilerinayi Ve Ticaret Anonim Sirketi was 12.12%. The lowest was 2.71%. And the median was 6.41%.

IST:MAKIM's Earnings Yield (Joel Greenblatt) % is ranked better than
80.46% of 3055 companies
in the Industrial Products industry
Industry Median: 3.8 vs IST:MAKIM: 9.64

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) %. Makim Makina Teknolojilerinayi Ve Ticaret Anonim Sirketi's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2024 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past seven 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.


Makim Makina Teknolojilerinayi Ve Ticaret Anonim Sirketi Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Makim Makina Teknolojilerinayi Ve Ticaret Anonim Sirketi'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.

Makim Makina Teknolojilerinayi Ve Ticaret Anonim Sirketi Earnings Yield (Joel Greenblatt) % Chart

Makim Makina Teknolojilerinayi Ve Ticaret Anonim Sirketi Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
- - - 5.61 7.04

Makim Makina Teknolojilerinayi Ve Ticaret Anonim Sirketi Quarterly Data
Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.83 7.04 8.40 5.02 9.40

Competitive Comparison of Makim Makina Teknolojilerinayi Ve Ticaret Anonim Sirketi's Earnings Yield (Joel Greenblatt) %

For the Specialty Industrial Machinery subindustry, Makim Makina Teknolojilerinayi Ve Ticaret Anonim Sirketi'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.


Makim Makina Teknolojilerinayi Ve Ticaret Anonim Sirketi's Earnings Yield (Joel Greenblatt) % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Makim Makina Teknolojilerinayi Ve Ticaret Anonim Sirketi's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Makim Makina Teknolojilerinayi Ve Ticaret Anonim Sirketi's Earnings Yield (Joel Greenblatt) % falls into.



Makim Makina Teknolojilerinayi Ve Ticaret Anonim Sirketi 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.

Makim Makina Teknolojilerinayi Ve Ticaret Anonim Sirketis Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=178.087/2528.697
=7.04 %

Makim Makina Teknolojilerinayi Ve Ticaret Anonim Sirketi's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺237.7 Mil.



Makim Makina Teknolojilerinayi Ve Ticaret Anonim Sirketi  (IST:MAKIM) 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.


Makim Makina Teknolojilerinayi Ve Ticaret Anonim Sirketi Earnings Yield (Joel Greenblatt) % Related Terms

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Makim Makina Teknolojilerinayi Ve Ticaret Anonim Sirketi Business Description

Traded in Other Exchanges
N/A
Address
Erkunt Caddesi No:20, Sincan Organize Sanayi Bolgesi, Sincan, Ankara, TUR, 06930
Makim Makina Teknolojileri Sanayi Ve Ticaret Anonim Sirketi engages in production of own designed plunge electro erosion machines. It works on the design, development, and production issues of the electromechanical devices. It offers Turnstile Systems, Biometric Systems, Access Control Systems, Cameras and Accessories, and Alarm Systems, among others. It operates in three main sectors namely Access Control, Investment Casting, and Doner Cutting Equipment.

Makim Makina Teknolojilerinayi Ve Ticaret Anonim Sirketi Headlines

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