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PT Champion Pacific Indonesia Tbk (ISX:IGAR) Earnings Yield (Joel Greenblatt) % : 27.40% (As of Mar. 2024)


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What is PT Champion Pacific Indonesia Tbk Earnings Yield (Joel Greenblatt) %?

PT Champion Pacific Indonesia Tbk's Enterprise Value for the quarter that ended in Mar. 2024 was Rp247,437 Mil. PT Champion Pacific Indonesia Tbk's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was Rp67,788 Mil. PT Champion Pacific Indonesia Tbk's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2024 was 27.40%.

The historical rank and industry rank for PT Champion Pacific Indonesia Tbk's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

ISX:IGAR' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 11.65   Med: 24.12   Max: 150.72
Current: 126.48

During the past 12 years, the highest Earnings Yield (Joel Greenblatt) of PT Champion Pacific Indonesia Tbk was 150.72%. The lowest was 11.65%. And the median was 24.12%.

ISX:IGAR's Earnings Yield (Joel Greenblatt) % is ranked better than
98.27% of 405 companies
in the Packaging & Containers industry
Industry Median: 5.37 vs ISX:IGAR: 126.48

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) %. PT Champion Pacific Indonesia Tbk's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2024 was 23.38%. 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.


PT Champion Pacific Indonesia Tbk Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for PT Champion Pacific Indonesia Tbk'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.

PT Champion Pacific Indonesia Tbk Earnings Yield (Joel Greenblatt) % Chart

PT Champion Pacific Indonesia Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.93 30.96 40.00 33.56 33.22

PT Champion Pacific Indonesia Tbk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 35.97 33.22 28.17 33.22 27.40

Competitive Comparison of PT Champion Pacific Indonesia Tbk's Earnings Yield (Joel Greenblatt) %

For the Packaging & Containers subindustry, PT Champion Pacific Indonesia Tbk'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.


PT Champion Pacific Indonesia Tbk's Earnings Yield (Joel Greenblatt) % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, PT Champion Pacific Indonesia Tbk's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where PT Champion Pacific Indonesia Tbk's Earnings Yield (Joel Greenblatt) % falls into.



PT Champion Pacific Indonesia Tbk 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.

PT Champion Pacific Indonesia Tbks Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=71911.571/216521.735
=33.21 %

PT Champion Pacific Indonesia Tbk's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was Rp67,788 Mil.



PT Champion Pacific Indonesia Tbk  (ISX:IGAR) 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.


PT Champion Pacific Indonesia Tbk Earnings Yield (Joel Greenblatt) % Related Terms

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PT Champion Pacific Indonesia Tbk (ISX:IGAR) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Raya Sultan Agung Km. 28.5, Kota Baru Kotamadya, P.O. Box 151, Bekasi Barat, Bekasi, IDN, 17133
PT Champion Pacific Indonesia Tbk is engaged in the field of industry, trade, transportation, printing, representatives, agency, engineering work and, services. The company has a couple of main business activities, including the business of container, packaging and equipment manufacturers as well as other general tradings. Their business consists of only segment that is sales of flexible packaging to customers. The pharmaceutical section generates maximum revenue for the company.

PT Champion Pacific Indonesia Tbk (ISX:IGAR) Headlines

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