What is Fullcast Holdings Co Earnings Yield (Joel Greenblatt) %?
Fullcast Holdings Co's Enterprise Value for the quarter that ended in Mar. 2024 was 円36,846 Mil.
Fullcast Holdings Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was 円10,302 Mil. Fullcast Holdings Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2024 was 27.93%.
The historical rank and industry rank for Fullcast Holdings Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
TSE:4848'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.7 Med: 9.5 Max: 44.5
Current: 26.74
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Fullcast Holdings Co was 44.50%. The lowest was 4.70%. And the median was 9.50%.
TSE:4848's Earnings Yield (Joel Greenblatt) % is ranked better than 93.16% of 1111
companies
in the Business Services industry
Industry Median: 5.76
vs TSE:4848: 26.74
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) %. Fullcast Holdings Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2024 was 0.00%. 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.
Fullcast Holdings Co Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Fullcast Holdings 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.
Fullcast Holdings Co Earnings Yield (Joel Greenblatt) % Chart
For the Staffing & Employment Services subindustry, Fullcast Holdings 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.
Fullcast Holdings Co's Earnings Yield (Joel Greenblatt) % Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Fullcast Holdings Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Fullcast Holdings Co's Earnings Yield (Joel Greenblatt) % falls into.
Fullcast Holdings 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.
Fullcast Holdings Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as
Fullcast Holdings Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円10,302 Mil.
Fullcast Holdings Co (TSE:4848) 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.
Fullcast Holdings Co Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Fullcast Holdings Co's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Fullcast Holdings Co (TSE:4848) Business Description
Fullcast Holdings Co Ltd is a Japan-based holding company that provides human resource solutions. The company has two business segments namely, Short-term operational support business including short-term personnel service, event personnel service, and the security business, providing security services mainly for public facilities and corporations. The majority of the company's revenue is generated from Short-term operational support business. The short-term operational support business provides timely short-term staffing services that cater to fluctuations in client company's workloads.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TSE:4848 has been successfully added to your 