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Mustek (JSE:MST) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Dec. 2024)


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What is Mustek Earnings Yield (Joel Greenblatt) %?

Mustek's Enterprise Value for the quarter that ended in Dec. 2024 was R679 Mil. Mustek's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 was R186 Mil. Mustek's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2024 was 0.00%.

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

JSE:MST' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 9.58   Med: 14.97   Max: 54.93
Current: 32.74

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Mustek was 54.93%. The lowest was 9.58%. And the median was 14.97%.

JSE:MST's Earnings Yield (Joel Greenblatt) % is ranked better than
95.2% of 2456 companies
in the Hardware industry
Industry Median: 3.2 vs JSE:MST: 32.74

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) %. Mustek's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2024 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.


Mustek Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Mustek'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.

Mustek Earnings Yield (Joel Greenblatt) % Chart

Mustek Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.50 29.33 14.64 15.50 11.15

Mustek Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 - 15.50 - 11.15 -

Competitive Comparison of Mustek's Earnings Yield (Joel Greenblatt) %

For the Computer Hardware subindustry, Mustek'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.


Mustek's Earnings Yield (Joel Greenblatt) % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Mustek's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Mustek's Earnings Yield (Joel Greenblatt) % falls into.


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Mustek 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.

Musteks Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=260.224/2333.27796
=11.15 %

For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.



Mustek  (JSE:MST) 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.


Mustek Earnings Yield (Joel Greenblatt) % Related Terms

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


Mustek Business Description

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Address
322 15th Road, Randjespark, Midrand, GT, ZAF, 1685
Mustek Ltd is an assembler and distributor of personal computers and complementary Information and Communication Technology (ICT) products in South Africa. The company's segment includes Mustek; Rectron; MIE and Group. Mustek includes assembly and distribution of computer products and peripherals, including Mecer-branded products and related services. Rectron includes distribution of computer components and peripherals. Mecer Inter-Ed (MIE) includes training provider of accredited training programmes and the group includes investments in associates and other investments and loans. Geographically, operates through the region of South Africa. It derives substantial part of its revenue from the Mustek segment.