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Akatsuki Eazima Co (TSE:1997) Earnings Yield (Joel Greenblatt) % : -138.89% (As of May. 2024)


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What is Akatsuki Eazima Co Earnings Yield (Joel Greenblatt) %?

Akatsuki Eazima Co's Enterprise Value for the quarter that ended in May. 2024 was 円-642 Mil. Akatsuki Eazima Co's EBIT for the trailing twelve months (TTM) ended in May. 2024 was 円897 Mil. Akatsuki Eazima Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in May. 2024 was -138.89%.

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

TSE:1997' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -6772.29   Med: 34.69   Max: 145954.4
Current: -90.09

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Akatsuki Eazima Co was 145954.40%. The lowest was -6772.29%. And the median was 34.69%.

TSE:1997's Earnings Yield (Joel Greenblatt) % is ranked better than
97.51% of 1725 companies
in the Construction industry
Industry Median: 6.52 vs TSE:1997: -90.09

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) %. Akatsuki Eazima Co's Forward Rate of Return (Yacktman) % for the quarter that ended in May. 2024 was 8.22%. 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.


Akatsuki Eazima Co Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Akatsuki Eazima Co'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.

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Akatsuki Eazima Co Earnings Yield (Joel Greenblatt) % Chart

Akatsuki Eazima Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,000.00 -256.41 -212.77 -63.29 -100.00

Akatsuki Eazima Co Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 -77.52 -100.00 -212.77 -117.65 -138.89

Competitive Comparison of Akatsuki Eazima Co's Earnings Yield (Joel Greenblatt) %

For the Engineering & Construction subindustry, Akatsuki Eazima 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.


Akatsuki Eazima Co's Earnings Yield (Joel Greenblatt) % Distribution in the Construction Industry

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

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



Akatsuki Eazima 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.

Akatsuki Eazima Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Aug. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=479.74/-479.51704
=-100.05 %

Akatsuki Eazima Co's EBIT for the trailing twelve months (TTM) ended in May. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円897 Mil.



Akatsuki Eazima Co  (TSE:1997) 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.


Akatsuki Eazima Co Earnings Yield (Joel Greenblatt) % Related Terms

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Akatsuki Eazima Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
Chiba-cho, Ibaraki Prefecture, Mito, JPN, 5770-2770
Akatsuki Eazima Co., Ltd. operates in the construction industry. It provides various building services, including the construction of cleaning equipment, plumbing equipment, constant temperature and humidity equipment, among others.

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