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BKM Industries (NSE:BKMINDST) Earnings Yield (Joel Greenblatt) % : -62.89% (As of Dec. 2024)


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What is BKM Industries Earnings Yield (Joel Greenblatt) %?

BKM Industries's Enterprise Value for the quarter that ended in Dec. 2024 was ₹117.95 Mil. BKM Industries's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-75.05 Mil. BKM Industries's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2024 was -62.89%.

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

NSE:BKMINDST' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1758.11   Med: -37.77   Max: 57.65
Current: -89.29

During the past 9 years, the highest Earnings Yield (Joel Greenblatt) of BKM Industries was 57.65%. The lowest was -1758.11%. And the median was -37.77%.

NSE:BKMINDST's Earnings Yield (Joel Greenblatt) % is not ranked
in the Packaging & Containers industry.
Industry Median: 5.58 vs NSE:BKMINDST: -89.29

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) %. BKM Industries'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.


BKM Industries Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for BKM Industries'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.

BKM Industries Earnings Yield (Joel Greenblatt) % Chart

BKM Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar23 Mar24
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only 9.23 -20.70 -18.83 -39.37 -18.48

BKM Industries Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 -27.47 -18.48 -25.64 -99.01 -62.89

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

For the Packaging & Containers subindustry, BKM Industries'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.


BKM Industries's Earnings Yield (Joel Greenblatt) % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, BKM Industries's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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


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BKM Industries 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.

BKM Industriess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-22.671/117.488
=-19.30 %

BKM Industries's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-75.05 Mil.



BKM Industries  (NSE:BKMINDST) 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.


BKM Industries Earnings Yield (Joel Greenblatt) % Related Terms

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BKM Industries Business Description

Traded in Other Exchanges
N/A
Address
8/1, Lal Bazar Street, Bikaner Building, 3rd Floor, Kolkata, WB, IND, 700001
BKM Industries Ltd manufactures metal packaging products and aluminum semi-rigid containers, shipbuilding, naval design services, and agro-commodities. Its segments consist of Manufacturing of packaging products like caps, crown closures, printed sheets, corrugated boxes, and semi-rigid containers; and Trading and services of various kind of products. The company's operations are held in India, United Arab Emirates, Bangladesh, Liberia, Malaysia, and other countries. Majority of the revenue is derived from manufacturing activities in India.

BKM Industries Headlines

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