GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Mabanee Co KPSC (KUW:MABANEE) » Definitions » Earnings Yield (Joel Greenblatt) %

Mabanee Co KPSC (KUW:MABANEE) Earnings Yield (Joel Greenblatt) % : 5.15% (As of Mar. 2024)


View and export this data going back to 1999. Start your Free Trial

What is Mabanee Co KPSC Earnings Yield (Joel Greenblatt) %?

Mabanee Co KPSC's Enterprise Value for the quarter that ended in Mar. 2024 was KWD1,603.7 Mil. Mabanee Co KPSC's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was KWD82.6 Mil. Mabanee Co KPSC's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2024 was 5.15%.

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

KUW:MABANEE' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.37   Med: 5.15   Max: 15.94
Current: 5.18

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Mabanee Co KPSC was 15.94%. The lowest was 2.37%. And the median was 5.15%.

KUW:MABANEE's Earnings Yield (Joel Greenblatt) % is ranked better than
56.05% of 1859 companies
in the Real Estate industry
Industry Median: 4.15 vs KUW:MABANEE: 5.18

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) %. Mabanee Co KPSC's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2024 was 19.49%. 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.


Mabanee Co KPSC Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Mabanee Co KPSC'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.

Mabanee Co KPSC Earnings Yield (Joel Greenblatt) % Chart

Mabanee Co KPSC 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 4.93 2.56 4.99 4.94 5.07

Mabanee Co KPSC 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 5.61 4.89 4.96 5.07 5.15

Competitive Comparison of Mabanee Co KPSC's Earnings Yield (Joel Greenblatt) %

For the Real Estate Services subindustry, Mabanee Co KPSC'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.


Mabanee Co KPSC's Earnings Yield (Joel Greenblatt) % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Mabanee Co KPSC's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Mabanee Co KPSC 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.

Mabanee Co KPSCs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=80.659/1592.36403028
=5.07 %

Mabanee Co KPSC'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 KWD82.6 Mil.



Mabanee Co KPSC  (KUW:MABANEE) 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.


Mabanee Co KPSC Earnings Yield (Joel Greenblatt) % Related Terms

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


Mabanee Co KPSC (KUW:MABANEE) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Al Rai Area, Sheikh Zayed bin Sultan Al Nahyan Road, P.O. Box 5132, The Avenues - 2nd Avenue, Entrance 9, Safat, Kuwait, KWT, 13052
Mabanee Co KPSC is a Kuwait-based company which sells, purchases, develops, and operates real estate properties in Kuwait and abroad, including hotels, guest houses, residential and touristic complexes. The company operates through business segments namely Construction and real estate investment, Financial investments, and Hotel operations. It generates maximum revenue from Construction and real estate investment segment. The Construction and real estate investment segment include real estate development, project leasing and construction activity for self or others.

Mabanee Co KPSC (KUW:MABANEE) Headlines

No Headlines