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QB Net Holdings Co (TSE:6571) Earnings Yield (Joel Greenblatt) % : 3.54% (As of Dec. 2024)


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What is QB Net Holdings Co Earnings Yield (Joel Greenblatt) %?

QB Net Holdings Co's Enterprise Value for the quarter that ended in Dec. 2024 was 円23,563 Mil. QB Net Holdings Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 was 円2,136 Mil. QB Net Holdings Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2024 was 3.54%.

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

TSE:6571' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2.27   Med: 4.9   Max: 10.41
Current: 8.41

During the past 10 years, the highest Earnings Yield (Joel Greenblatt) of QB Net Holdings Co was 10.41%. The lowest was -2.27%. And the median was 4.90%.

TSE:6571's Earnings Yield (Joel Greenblatt) % is ranked better than
67.31% of 104 companies
in the Personal Services industry
Industry Median: 4.95 vs TSE:6571: 8.41

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) %. QB Net Holdings Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2024 was 33.69%. 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.


QB Net Holdings Co Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for QB Net 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.

QB Net Holdings Co Earnings Yield (Joel Greenblatt) % Chart

QB Net Holdings 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 0.61 1.29 4.87 7.26 8.84

QB Net Holdings 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 7.62 7.98 9.64 8.84 3.54

Competitive Comparison of QB Net Holdings Co's Earnings Yield (Joel Greenblatt) %

For the Personal Services subindustry, QB Net 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.


QB Net Holdings Co's Earnings Yield (Joel Greenblatt) % Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, QB Net Holdings Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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


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QB Net 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.

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

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=2138/24176.252
=8.84 %

QB Net Holdings 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2,136 Mil.



QB Net Holdings Co  (TSE:6571) 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.


QB Net Holdings Co Earnings Yield (Joel Greenblatt) % Related Terms

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


QB Net Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
No. 12, Shibuya 2 - Chome, Nagai Building 7th Floor, Tokyo, JPN, 150-0002
QB Net Holdings Co Ltd is engaged in hairdressing services. The company's brand profile includes QB House, QB Global, FaSS, and other brands such as LogiThcut PROFESSIONAL STYLIST SCHOOL and QB House Visit Beauty Salon . QB House is for the people who need short-term and low price services. QB Global is for the overseas people, and FaSS is for women and young people.

QB Net Holdings Co Headlines

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