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Oula Fuel Marketing Co KSC (KUW:OULAFUEL) Earnings Yield (Joel Greenblatt) % : 19.84% (As of Sep. 2024)


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What is Oula Fuel Marketing Co KSC Earnings Yield (Joel Greenblatt) %?

Oula Fuel Marketing Co KSC's Enterprise Value for the quarter that ended in Sep. 2024 was KWD41.4 Mil. Oula Fuel Marketing Co KSC's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was KWD8.2 Mil. Oula Fuel Marketing Co KSC's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2024 was 19.84%.

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

KUW:OULAFUEL' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.62   Med: 7.47   Max: 22.25
Current: 6.75

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Oula Fuel Marketing Co KSC was 22.25%. The lowest was 2.62%. And the median was 7.47%.

KUW:OULAFUEL's Earnings Yield (Joel Greenblatt) % is ranked better than
53.77% of 1062 companies
in the Oil & Gas industry
Industry Median: 5.89 vs KUW:OULAFUEL: 6.75

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) %. Oula Fuel Marketing Co KSC's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2024 was 18.49%. 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.


Oula Fuel Marketing Co KSC Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Oula Fuel Marketing Co KSC'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.

Oula Fuel Marketing Co KSC Earnings Yield (Joel Greenblatt) % Chart

Oula Fuel Marketing Co KSC 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 6.51 6.98 7.33 8.52 13.91

Oula Fuel Marketing Co KSC Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 6.97 13.91 17.42 16.75 19.84

Competitive Comparison of Oula Fuel Marketing Co KSC's Earnings Yield (Joel Greenblatt) %

For the Oil & Gas Refining & Marketing subindustry, Oula Fuel Marketing Co KSC'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.


Oula Fuel Marketing Co KSC's Earnings Yield (Joel Greenblatt) % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Oula Fuel Marketing Co KSC's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Oula Fuel Marketing Co KSC's Earnings Yield (Joel Greenblatt) % falls into.



Oula Fuel Marketing Co KSC 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.

Oula Fuel Marketing Co KSCs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=6.66/47.861384
=13.92 %

Oula Fuel Marketing Co KSC's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was KWD8.2 Mil.



Oula Fuel Marketing Co KSC  (KUW:OULAFUEL) 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.


Oula Fuel Marketing Co KSC Earnings Yield (Joel Greenblatt) % Related Terms

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Oula Fuel Marketing Co KSC Business Description

Industry
Traded in Other Exchanges
N/A
Address
AlMirqab, Block 3, Kuwait Business Town Tower, Floor 30 and 31, P.O. Box: 29009, Kuwait City, KWT, 13151
Oula Fuel Marketing Co KSC is engaged in the acquisition, establishment, leasing, operating, and maintenance of petrol stations and their customer service centers. It provides automobile services including changing of oil, car wash, maintenance workshop services and technical check-ups. The operating segments of the company are Fuel marketing and other related services which include the sale of fuel and other related services arising from fuel stations and the Investments operations segment comprises investment in the managed portfolio, managed funds, and term deposits. The company earns majority of its revenue from Fuel marketing and other related services.

Oula Fuel Marketing Co KSC Headlines

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