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PT Unggul Indah Cahaya Tbk (ISX:UNIC) Earnings Yield (Joel Greenblatt) % : 22.99% (As of Mar. 2024)


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What is PT Unggul Indah Cahaya Tbk Earnings Yield (Joel Greenblatt) %?

PT Unggul Indah Cahaya Tbk's Enterprise Value for the quarter that ended in Mar. 2024 was Rp1,814,155 Mil. PT Unggul Indah Cahaya Tbk's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was Rp416,898 Mil. PT Unggul Indah Cahaya Tbk's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2024 was 22.99%.

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

ISX:UNIC' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -16.37   Med: 19.44   Max: 80.03
Current: 26.95

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of PT Unggul Indah Cahaya Tbk was 80.03%. The lowest was -16.37%. And the median was 19.44%.

ISX:UNIC's Earnings Yield (Joel Greenblatt) % is ranked better than
95.67% of 1570 companies
in the Chemicals industry
Industry Median: 4.015 vs ISX:UNIC: 26.95

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 Unggul Indah Cahaya Tbk's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2024 was 30.84%. 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 Unggul Indah Cahaya Tbk Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for PT Unggul Indah Cahaya 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 Unggul Indah Cahaya Tbk Earnings Yield (Joel Greenblatt) % Chart

PT Unggul Indah Cahaya 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 13.72 49.02 27.25 28.41 21.10

PT Unggul Indah Cahaya 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 21.37 14.64 16.69 21.10 22.99

Competitive Comparison of PT Unggul Indah Cahaya Tbk's Earnings Yield (Joel Greenblatt) %

For the Chemicals subindustry, PT Unggul Indah Cahaya 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 Unggul Indah Cahaya Tbk's Earnings Yield (Joel Greenblatt) % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, PT Unggul Indah Cahaya Tbk's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where PT Unggul Indah Cahaya Tbk's Earnings Yield (Joel Greenblatt) % falls into.



PT Unggul Indah Cahaya 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 Unggul Indah Cahaya Tbks Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=437490.461/2074415.503
=21.09 %

PT Unggul Indah Cahaya 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 Rp416,898 Mil.



PT Unggul Indah Cahaya Tbk  (ISX:UNIC) 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 Unggul Indah Cahaya Tbk Earnings Yield (Joel Greenblatt) % Related Terms

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PT Unggul Indah Cahaya Tbk (ISX:UNIC) Business Description

Traded in Other Exchanges
N/A
Address
Jl Jenderal Gatot Subroto Kav. 6-7, Wisma UIC 2nd floor, Jakarta Selatan, Jakarta, IDN, 12930
PT Unggul Indah Cahaya Tbk is engaged in manufacturing and selling alkylbenzene chemicals used in producing detergent. It offers linear alkylbenzene and branched alkylbenzene. The company also produces heavy alkylate and light alkylate as its byproducts. It operates in two segments: Chemicals and Real Estate, of which the majority of its revenue gets derived from the Chemicals segment. The company exports its products, but it derives its revenue from Indonesia.

PT Unggul Indah Cahaya Tbk (ISX:UNIC) Headlines

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