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Dualtap Co (TSE:3469) Earnings Yield (Joel Greenblatt) % : 0.43% (As of Dec. 2024)


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What is Dualtap Co Earnings Yield (Joel Greenblatt) %?

Dualtap Co's Enterprise Value for the quarter that ended in Dec. 2024 was 円5,196 Mil. Dualtap Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 was 円-275 Mil. Dualtap Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2024 was 0.43%.

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

TSE:3469' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -9.3   Med: 6.19   Max: 50.79
Current: -4.63

During the past 10 years, the highest Earnings Yield (Joel Greenblatt) of Dualtap Co was 50.79%. The lowest was -9.30%. And the median was 6.19%.

TSE:3469's Earnings Yield (Joel Greenblatt) % is ranked worse than
83.75% of 1828 companies
in the Real Estate industry
Industry Median: 4.22 vs TSE:3469: -4.63

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) %. Dualtap Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2024 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.


Dualtap Co Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Dualtap 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.

* Premium members only.

Dualtap Co Earnings Yield (Joel Greenblatt) % Chart

Dualtap Co Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.76 2.02 4.56 13.39 -4.39

Dualtap Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24
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 -9.15 -8.08 -6.11 -4.39 0.43

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

For the Real Estate - Diversified subindustry, Dualtap 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.


Dualtap Co's Earnings Yield (Joel Greenblatt) % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Dualtap Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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


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Dualtap 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.

Dualtap Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-274.781/6264.014
=-4.39 %

Dualtap Co'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 円-275 Mil.



Dualtap Co  (TSE:3469) 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.


Dualtap Co Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Dualtap Co's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Dualtap Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
4-7 Hisamatsucho, Nihonbashi, Chuo-ku, Tokyo, JPN, 103-0005
Dualtap Co Ltd is a real estate company. Along with its subsidiaries, the company operates across various business segments such as the Real estate sales business, Real estate management business, Overseas real estate business, and the Sales support business. A majority of its revenue is generated from the Real estate sales business which plans and develops asset management condominiums, called XEBEC across various wards of Tokyo. The properties developed are sold to individual investors, REITs, real estate funds, corporate corporations, etc.

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