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KeePer Technical Laboratory Co (TSE:6036) Earnings Yield (Joel Greenblatt) % : 5.37% (As of Dec. 2024)


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What is KeePer Technical Laboratory Co Earnings Yield (Joel Greenblatt) %?

KeePer Technical Laboratory Co's Enterprise Value for the quarter that ended in Dec. 2024 was 円125,887 Mil. KeePer Technical Laboratory Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 was 円7,049 Mil. KeePer Technical Laboratory Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2024 was 5.37%.

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

TSE:6036' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.67   Med: 5.69   Max: 10.18
Current: 6.49

During the past 11 years, the highest Earnings Yield (Joel Greenblatt) of KeePer Technical Laboratory Co was 10.18%. The lowest was 2.67%. And the median was 5.69%.

TSE:6036's Earnings Yield (Joel Greenblatt) % is ranked better than
66.56% of 1591 companies
in the Chemicals industry
Industry Median: 3.86 vs TSE:6036: 6.49

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) %. KeePer Technical Laboratory Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2024 was 20.00%. 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.


KeePer Technical Laboratory Co Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for KeePer Technical Laboratory 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.

KeePer Technical Laboratory Co Earnings Yield (Joel Greenblatt) % Chart

KeePer Technical Laboratory 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 6.74 3.83 4.60 4.21 5.66

KeePer Technical Laboratory Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 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 Premium Member Only Premium Member Only Premium Member Only 4.42 5.66 5.63 5.37 -

Competitive Comparison of KeePer Technical Laboratory Co's Earnings Yield (Joel Greenblatt) %

For the Specialty Chemicals subindustry, KeePer Technical Laboratory 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.


KeePer Technical Laboratory Co's Earnings Yield (Joel Greenblatt) % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, KeePer Technical Laboratory Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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


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KeePer Technical Laboratory 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.

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

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=6067.507/107166.76
=5.66 %

KeePer Technical Laboratory 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7,049 Mil.



KeePer Technical Laboratory Co  (TSE:6036) 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.


KeePer Technical Laboratory Co Earnings Yield (Joel Greenblatt) % Related Terms

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KeePer Technical Laboratory Co Business Description

Traded in Other Exchanges
Address
4-17, Yoshikawa-cho, Obu-shi, Aichi Prefecture, Obu, JPN, 474-0046
KeePer Technical Laboratory Co Ltd engages in the development, manufacture and sale of car coating products. The firm provides chemicals and equipment for car coating and operates car coating shop. It engages in development of "Keeper PROSHOP" certified car coating technology shops and management of "Keeper LABO" car coating and car wash specialty shops.

KeePer Technical Laboratory Co Headlines

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