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J D W Sugar Mills (KAR:JDWS) Earnings Yield (Joel Greenblatt) % : 53.19% (As of Dec. 2023)


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What is J D W Sugar Mills Earnings Yield (Joel Greenblatt) %?

J D W Sugar Mills's Enterprise Value for the quarter that ended in Dec. 2023 was ₨34,313 Mil. J D W Sugar Mills's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₨18,217 Mil. J D W Sugar Mills's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 53.19%.

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

KAR:JDWS' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.03   Med: 10.94   Max: 51.4
Current: 46.68

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of J D W Sugar Mills was 51.40%. The lowest was 2.03%. And the median was 10.94%.

KAR:JDWS's Earnings Yield (Joel Greenblatt) % is ranked better than
98.1% of 1946 companies
in the Consumer Packaged Goods industry
Industry Median: 4.91 vs KAR:JDWS: 46.68

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) %. J D W Sugar Mills's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 was 76.59%. 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.


J D W Sugar Mills Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for J D W Sugar Mills'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.

J D W Sugar Mills Earnings Yield (Joel Greenblatt) % Chart

J D W Sugar Mills Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.03 17.33 21.74 21.46 28.57

J D W Sugar Mills Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 17.61 13.23 16.67 28.57 53.19

Competitive Comparison of J D W Sugar Mills's Earnings Yield (Joel Greenblatt) %

For the Confectioners subindustry, J D W Sugar Mills'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.


J D W Sugar Mills's Earnings Yield (Joel Greenblatt) % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, J D W Sugar Mills's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where J D W Sugar Mills's Earnings Yield (Joel Greenblatt) % falls into.



J D W Sugar Mills 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.

J D W Sugar Millss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Sep. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=10374.293/36276.785
=28.60 %

J D W Sugar Mills's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₨18,217 Mil.



J D W Sugar Mills  (KAR:JDWS) 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.


J D W Sugar Mills Earnings Yield (Joel Greenblatt) % Related Terms

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J D W Sugar Mills (KAR:JDWS) Business Description

Traded in Other Exchanges
N/A
Address
17 - Abid Majeed Road, Lahore Cantonment, Lahore, PB, PAK
J D W Sugar Mills Ltd engages in the manufacturing and sale of crystalline sugar, Rlectricity and managing Corporate Farms.. The company's operating segments include Sugar; Co-Generation Power; Corporate Farms and others. It generates maximum revenue from the Sugar segment. The Sugar segment is engaged in the production and sale of crystalline sugar and other related joint and by-products. Its Co-Generation Power segment includes the generation and sale of electricity to CPPA-G. The Corporate Farms segment includes managing corporate farms for the cultivation of sugarcane and a small number of other crops. The other segment involves Project under construction for manufacture / generation and sale of ethanol and energy. However, operation of paper pulp classified as disposal group.

J D W Sugar Mills (KAR:JDWS) Headlines

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