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HC Surgical Specialists (SGX:1B1) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Nov. 2024)


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What is HC Surgical Specialists Earnings Yield (Joel Greenblatt) %?

HC Surgical Specialists's Enterprise Value for the quarter that ended in Nov. 2024 was S$40.79 Mil. HC Surgical Specialists's EBIT for the trailing twelve months (TTM) ended in Nov. 2024 was S$4.86 Mil. HC Surgical Specialists's Earnings Yield (Joel Greenblatt) for the quarter that ended in Nov. 2024 was 0.00%.

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

SGX:1B1' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.19   Med: 11.63   Max: 22.57
Current: 10.88

During the past 11 years, the highest Earnings Yield (Joel Greenblatt) of HC Surgical Specialists was 22.57%. The lowest was 2.19%. And the median was 11.63%.

SGX:1B1's Earnings Yield (Joel Greenblatt) % is ranked better than
93.61% of 219 companies
in the Medical Diagnostics & Research industry
Industry Median: -1.65 vs SGX:1B1: 10.88

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) %. HC Surgical Specialists's Forward Rate of Return (Yacktman) % for the quarter that ended in Nov. 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.


HC Surgical Specialists Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for HC Surgical Specialists'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.

HC Surgical Specialists Earnings Yield (Joel Greenblatt) % Chart

HC Surgical Specialists Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.95 15.08 11.40 7.70 13.35

HC Surgical Specialists Semi-Annual Data
May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24
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 - 7.70 - 13.35 -

Competitive Comparison of HC Surgical Specialists's Earnings Yield (Joel Greenblatt) %

For the Diagnostics & Research subindustry, HC Surgical Specialists'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.


HC Surgical Specialists's Earnings Yield (Joel Greenblatt) % Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, HC Surgical Specialists's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where HC Surgical Specialists's Earnings Yield (Joel Greenblatt) % falls into.


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HC Surgical Specialists 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.

HC Surgical Specialistss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in May. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=5.222/39.12296
=13.35 %

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.



HC Surgical Specialists  (SGX:1B1) 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.


HC Surgical Specialists Earnings Yield (Joel Greenblatt) % Related Terms

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


HC Surgical Specialists Business Description

Traded in Other Exchanges
N/A
Address
233 River Valley Road, No. B1-04/05 RV Point, Singapore, SGP, 238291
HC Surgical Specialists Ltd is a medical services group. The company is engaged in providing endoscopic procedures, including gastroscopies and colonoscopies, and general surgery services. The operating segment of the company is the healthcare segment. Geographically, it operates only in Singapore. The company has its facilities center and clinics at various places in Singapore.

HC Surgical Specialists Headlines

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