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Sunder Biomedical Tech Co (ROCO:4115) Earnings Yield (Joel Greenblatt) % : 4.63% (As of Dec. 2024)


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What is Sunder Biomedical Tech Co Earnings Yield (Joel Greenblatt) %?

Sunder Biomedical Tech Co's Enterprise Value for the quarter that ended in Dec. 2024 was NT$898.9 Mil. Sunder Biomedical Tech Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 was NT$41.3 Mil. Sunder Biomedical Tech Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2024 was 4.63%.

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

ROCO:4115' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -3.01   Med: 1.67   Max: 7.31
Current: 5.2

During the past 7 years, the highest Earnings Yield (Joel Greenblatt) of Sunder Biomedical Tech Co was 7.31%. The lowest was -3.01%. And the median was 1.67%.

ROCO:4115's Earnings Yield (Joel Greenblatt) % is ranked better than
74.83% of 866 companies
in the Medical Devices & Instruments industry
Industry Median: 0.285 vs ROCO:4115: 5.20

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) %. Sunder Biomedical Tech Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2024 was -3.87%. 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.


Sunder Biomedical Tech Co Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Sunder Biomedical Tech Co'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.

Sunder Biomedical Tech Co Earnings Yield (Joel Greenblatt) % Chart

Sunder Biomedical Tech Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial - - 1.66 -2.27 4.63

Sunder Biomedical Tech Co Semi-Annual Data
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 1.66 - -2.27 - 4.63

Competitive Comparison of Sunder Biomedical Tech Co's Earnings Yield (Joel Greenblatt) %

For the Medical Instruments & Supplies subindustry, Sunder Biomedical Tech Co'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.


Sunder Biomedical Tech Co's Earnings Yield (Joel Greenblatt) % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Sunder Biomedical Tech Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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


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Sunder Biomedical Tech Co 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.

Sunder Biomedical Tech Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=41.347/892.3845
=4.63 %

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.



Sunder Biomedical Tech Co  (ROCO:4115) 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.


Sunder Biomedical Tech Co Earnings Yield (Joel Greenblatt) % Related Terms

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


Sunder Biomedical Tech Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1-67, Zhongzheng Road, Chung-Ming Village, Pao-Chung Hsiang, Yunlin, TWN, 63441
Sunder Biomedical Tech Co Ltd is engaged in providing medical devices. Its products include Protective Goggles; Meltblown Nonwoven Fabric/Mask; Suction Irrigation Set; Smoke Filter; Endo Bag; Blood Line Set for Hemodialysis and others.

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