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Hafary Holdings (SGX:5VS) Earnings Yield (Joel Greenblatt) % : 11.86% (As of Dec. 2024)


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What is Hafary Holdings Earnings Yield (Joel Greenblatt) %?

Hafary Holdings's Enterprise Value for the quarter that ended in Dec. 2024 was S$413.9 Mil. Hafary Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 was S$49.1 Mil. Hafary Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2024 was 11.86%.

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

SGX:5VS' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.64   Med: 11.77   Max: 20.43
Current: 11.43

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Hafary Holdings was 20.43%. The lowest was 4.64%. And the median was 11.77%.

SGX:5VS's Earnings Yield (Joel Greenblatt) % is ranked better than
73.19% of 1768 companies
in the Construction industry
Industry Median: 6.305 vs SGX:5VS: 11.43

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) %. Hafary Holdings's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2024 was 19.51%. 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.


Hafary Holdings Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Hafary Holdings'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.

Hafary Holdings Earnings Yield (Joel Greenblatt) % Chart

Hafary Holdings Annual Data
Trend Jun14 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 5.17 7.32 12.33 14.81 11.86

Hafary Holdings Semi-Annual Data
Jun14 Dec14 Jun16 Dec16 Jun17 Dec17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.33 - 14.81 - 11.86

Competitive Comparison of Hafary Holdings's Earnings Yield (Joel Greenblatt) %

For the Building Products & Equipment subindustry, Hafary Holdings'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.


Hafary Holdings's Earnings Yield (Joel Greenblatt) % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Hafary Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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


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Hafary Holdings 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.

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

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=49.085/413.91975
=11.86 %

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.



Hafary Holdings  (SGX:5VS) 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.


Hafary Holdings Earnings Yield (Joel Greenblatt) % Related Terms

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


Hafary Holdings Business Description

Industry
Traded in Other Exchanges
N/A
Address
105 Eunos Avenue 3, Hafary Centre, Singapore, SGP, 409836
Hafary Holdings Ltd is engaged in the production and distribution of premium tiles, stone, mosaic, wood flooring, quartz top, sanitary ware, and fittings. The company is organized into segments such as; the General segment which is specially designed as per the requirement of small property developers which contributes a part of revenue. Project segment is majorly designed as the requirement of customers who are involved in property development projects. Manufacturing segment includes manufacturing of ceramic tiles that cater to the customers' requirements and specifications. Others segment that engage in investing activities including net rental collected from properties. Majority of its revenue is earned through the Singapore market.

Hafary Holdings Headlines

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