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Sunright (SGX:S71) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Jan. 2025)


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What is Sunright Earnings Yield (Joel Greenblatt) %?

Sunright's Enterprise Value for the quarter that ended in Jan. 2025 was S$6.56 Mil. Sunright's EBIT for the trailing twelve months (TTM) ended in Jan. 2025 was S$1.97 Mil. Sunright's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jan. 2025 was 0.00%.

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

SGX:S71' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -13.12   Med: 16.27   Max: 1069.69
Current: 65.47

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Sunright was 1069.69%. The lowest was -13.12%. And the median was 16.27%.

SGX:S71's Earnings Yield (Joel Greenblatt) % is ranked better than
98.61% of 1010 companies
in the Semiconductors industry
Industry Median: 2.135 vs SGX:S71: 65.47

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) %. Sunright's Forward Rate of Return (Yacktman) % for the quarter that ended in Jan. 2025 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.


Sunright Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Sunright'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.

Sunright Earnings Yield (Joel Greenblatt) % Chart

Sunright Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.45 16.69 -7.38 -10.93 59.88

Sunright Semi-Annual Data
Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25
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 - -10.93 - 59.88 -

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

For the Semiconductors subindustry, Sunright'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.


Sunright's Earnings Yield (Joel Greenblatt) % Distribution in the Semiconductors Industry

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

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


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Sunright 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.

Sunrights Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jul. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=4.741/7.93438
=59.75 %

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.



Sunright  (SGX:S71) 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.


Sunright Earnings Yield (Joel Greenblatt) % Related Terms

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Sunright Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Sunright Ltd (SGX:S71) » Definitions » Earnings Yield (Joel Greenblatt) %
Traded in Other Exchanges
N/A
Address
Block 1093 Lower Delta Road, No. 02-01/08, Singapore, SGP, 169204
Sunright Ltd is an investment holding and management services company. It provides testing and burn-in of integrated circuits and electronic manufacturing services. It manufactures parallel test and burn-in systems and burn-in boards. The company business segments include Burn-in and testing segment and Others. The Burn-in and testing segment is in the business of burn-in and test related activities. The Others segment involves Group-level corporate services, treasury and investments functions, business of trading in and distribution of high-technology electronic products. The company operates in Singapore, Malaysia, China, Other Asian countries, and the United States of which Malaysia generates the maximum revenue.

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