What is Dapai International Holdings Co Earnings Yield (Joel Greenblatt) %?
Dapai International Holdings Co's Enterprise Value for the quarter that ended in Jun. 2017 was S$0.00 Mil.
Dapai International Holdings Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2017 was S$-29.54 Mil. Dapai International Holdings Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2017 was 0.00%.
The historical rank and industry rank for Dapai International Holdings Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
SGX:FP1'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -16928.2 Med: 8.4 Max: 1968.4
Current: -69.48
During the past 11 years, the highest Earnings Yield (Joel Greenblatt) of Dapai International Holdings Co was 1968.40%. The lowest was -16928.20%. And the median was 8.40%.
SGX:FP1's Earnings Yield (Joel Greenblatt) % is not ranked
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 4.97
vs SGX:FP1: -69.48
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) %. Dapai International Holdings Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2017 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past seven 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.
Dapai International Holdings Co Earnings Yield (Joel Greenblatt) % Historical Data
* 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.
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Dapai International Holdings Co Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of Dapai International Holdings Co's Earnings Yield (Joel Greenblatt) %
For the Footwear & Accessories subindustry, Dapai International Holdings 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.
Dapai International Holdings Co's Earnings Yield (Joel Greenblatt) % Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Dapai International Holdings Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Dapai International Holdings Co's Earnings Yield (Joel Greenblatt) % falls into.
Dapai International Holdings 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.
Dapai International Holdings Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2016 is calculated as
Dapai International Holdings Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was S$-29.54 Mil.
Dapai International Holdings Co (SGX:FP1) 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.
Dapai International Holdings Co Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Dapai International Holdings Co's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Dapai International Holdings Co (SGX:FP1) Business Description
Dapai International Holdings Co Ltd is backpack company in China. The group designs, manufactures and sells backpacks under the DAPAI brand. Its product collections are suited for sports, fashion, business, and leisure. The company's products are targeted at the mid-range mass market consumer segment and are sold by distributor-own concessionary retail outlets in different provinces, autonomous regions and municipalities located within department stores, supermarkets and hypermarkets in China. The group's business segments are Manufacturing and sales of the backpack to distributors and retailers and Manufacturing and sales of luggage to distributors and retailers. The majority of its revenue is generated from the sales of bagpacks worldwide.
Dapai International Holdings Co (SGX:FP1) Headlines
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