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Maxic Technology (SHSE:688458) Earnings Yield (Joel Greenblatt) % : -3.30% (As of Mar. 2025)


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What is Maxic Technology Earnings Yield (Joel Greenblatt) %?

Maxic Technology's Enterprise Value for the quarter that ended in Mar. 2025 was ¥2,600.1 Mil. Maxic Technology's EBIT for the trailing twelve months (TTM) ended in Mar. 2025 was ¥-85.8 Mil. Maxic Technology's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2025 was -3.30%.

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

SHSE:688458' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -6.26   Med: 0.27   Max: 4.39
Current: -2.88

During the past 6 years, the highest Earnings Yield (Joel Greenblatt) of Maxic Technology was 4.39%. The lowest was -6.26%. And the median was 0.27%.

SHSE:688458's Earnings Yield (Joel Greenblatt) % is ranked worse than
77.22% of 2450 companies
in the Hardware industry
Industry Median: 3.145 vs SHSE:688458: -2.88

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) %. Maxic Technology's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 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.


Maxic Technology Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Maxic Technology'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.

Maxic Technology Earnings Yield (Joel Greenblatt) % Chart

Maxic Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial - - - 0.45 -4.56

Maxic Technology Quarterly Data
Dec19 Dec20 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 0.47 -1.14 -1.75 -4.56 -3.30

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

For the Electronic Components subindustry, Maxic Technology'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.


Maxic Technology's Earnings Yield (Joel Greenblatt) % Distribution in the Hardware Industry

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

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


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Maxic Technology 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.

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

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-99.096/2171.68375
=-4.56 %

Maxic Technology'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 ¥-85.8 Mil.



Maxic Technology  (SHSE:688458) 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.


Maxic Technology Earnings Yield (Joel Greenblatt) % Related Terms

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Maxic Technology Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 01 Xueyuan Road, Room 30, 10th Floor, Block A, HKUST Tiangong Building, Techart Plaza, Haidian District, Beijing, CHN, 100083
Maxic Technology Inc is a high-tech design and sales company, focusing on the high-performance analog and digital-analog hybrid IC. Based on an independently developed high voltage integrated process, Maxic provides wireless Soc IC, USB-C/PD fast charging IC, full range of LED drivers, signal chain IC, etc. Covering communication terminals, consumer electronics, LED lighting, smart homes, automobile manufacturing, industrial control and other fields. Maxic has an advanced and experienced core team in the design and process development of high-performance analog and digital-analog hybrid IC.

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