What is Sun Max Tech Earnings Yield (Joel Greenblatt) %?
Sun Max Tech's Enterprise Value for the quarter that ended in Dec. 2024 was NT$1,813 Mil.
Sun Max Tech's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 was NT$164 Mil. Sun Max Tech's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2024 was 9.07%.
The historical rank and industry rank for Sun Max Tech's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
TPE:6591'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.71 Med: 12.95 Max: 40.29
Current: 5.94
During the past 12 years, the highest Earnings Yield (Joel Greenblatt) of Sun Max Tech was 40.29%. The lowest was 4.71%. And the median was 12.95%.
TPE:6591's Earnings Yield (Joel Greenblatt) % is ranked better than 63.54% of 2452
companies
in the Hardware industry
Industry Median: 3.15
vs TPE:6591: 5.94
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) %. Sun Max Tech's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2024 was -11.86%. 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.
Sun Max Tech Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Sun Max Tech'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.
Sun Max Tech Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of Sun Max Tech's Earnings Yield (Joel Greenblatt) %
For the Computer Hardware subindustry, Sun Max Tech'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.
Sun Max Tech's Earnings Yield (Joel Greenblatt) % Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Sun Max Tech's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Sun Max Tech's Earnings Yield (Joel Greenblatt) % falls into.
Sun Max Tech 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.
Sun Max Techs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2024 is calculated as
Sun Max Tech's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$164 Mil.
Sun Max Tech (TPE:6591) 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.
Sun Max Tech Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Sun Max Tech's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Sun Max Tech Ltd is engaged in the research and development, production, and sales of DC brushless cooling fans, liquid cooling pumps, and other computer-related accessories in Taiwan. Its products are mainly used for personal computers (PC), communications networks, and Industrial control. The company generates maximum revenue from a Cooling fan. Geographically, it derives a majority of its revenue from China and also has a presence in Taiwan and Other countries.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TPE:6591 has been successfully added to your 