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Acme Electronics (ROCO:8121) Earnings Yield (Joel Greenblatt) % : 1.35% (As of Mar. 2025)


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What is Acme Electronics Earnings Yield (Joel Greenblatt) %?

Acme Electronics's Enterprise Value for the quarter that ended in Mar. 2025 was NT$6,991 Mil. Acme Electronics's EBIT for the trailing twelve months (TTM) ended in Mar. 2025 was NT$95 Mil. Acme Electronics's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2025 was 1.35%.

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

ROCO:8121' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -14.23   Med: -1.45   Max: 2.92
Current: 1.43

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Acme Electronics was 2.92%. The lowest was -14.23%. And the median was -1.45%.

ROCO:8121's Earnings Yield (Joel Greenblatt) % is ranked worse than
60.2% of 2452 companies
in the Hardware industry
Industry Median: 3.115 vs ROCO:8121: 1.43

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) %. Acme Electronics's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2025 was -4.80%. 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.


Acme Electronics Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Acme Electronics'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.

Acme Electronics Earnings Yield (Joel Greenblatt) % Chart

Acme Electronics Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.00 1.40 1.24 -2.84 2.28

Acme Electronics Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -0.79 0.95 2.04 2.28 1.35

Competitive Comparison of Acme Electronics's Earnings Yield (Joel Greenblatt) %

For the Electronic Components subindustry, Acme Electronics'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.


Acme Electronics's Earnings Yield (Joel Greenblatt) % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Acme Electronics's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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


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Acme Electronics 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.

Acme Electronicss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=183.815/8066.0626
=2.28 %

Acme Electronics's EBIT for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$95 Mil.



Acme Electronics  (ROCO:8121) 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.


Acme Electronics Earnings Yield (Joel Greenblatt) % Related Terms

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Acme Electronics Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 39, Jihu Road, 8th Floor, Neihu District, Taipei, TWN, 11492
Acme Electronics Corp is engaged in the business of ferrite cores and ferrite powder applied in communication, information, consumer, and automotive electronic products. The company's products are inductive Passive components and Silicon carbide. Geographically, the company generates a majority of its revenue from Asia followed by Europe, America, and other regions.

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