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Ainavo Holdings Co (TSE:7539) Earnings Yield (Joel Greenblatt) % : 30.21% (As of Jun. 2024)


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

Ainavo Holdings Co's Enterprise Value for the quarter that ended in Jun. 2024 was 円6,391 Mil. Ainavo Holdings Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2024 was 円2,373 Mil. Ainavo Holdings Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2024 was 30.21%.

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

TSE:7539' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -8785.58   Med: 69.1   Max: 24899.53
Current: 86.96

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Ainavo Holdings Co was 24899.53%. The lowest was -8785.58%. And the median was 69.10%.

TSE:7539's Earnings Yield (Joel Greenblatt) % is ranked better than
97.73% of 1766 companies
in the Construction industry
Industry Median: 6.57 vs TSE:7539: 86.96

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) %. Ainavo Holdings Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 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.


Ainavo Holdings Co Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Ainavo 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.

Ainavo Holdings Co Earnings Yield (Joel Greenblatt) % Chart

Ainavo Holdings Co Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -285.71 -416.67 -227.27 41.15 99.01

Ainavo Holdings Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 41.15 54.95 39.53 30.21 -

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

For the Building Products & Equipment subindustry, Ainavo 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.


Ainavo Holdings Co's Earnings Yield (Joel Greenblatt) % Distribution in the Construction Industry

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

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



Ainavo 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.

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

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=2372.536/2402.275
=98.76 %

Ainavo Holdings Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円2,373 Mil.



Ainavo Holdings Co  (TSE:7539) 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.


Ainavo Holdings Co Earnings Yield (Joel Greenblatt) % Related Terms

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Ainavo Holdings Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
3-3-3 Shikahama, Adachi-ku, Tokyo, JPN, 123-8509
Ainavo Holdings Co Ltd is a Japanese based firm engaged in the design, construction contract and sale of wholesale tile and housing equipment, health equipment and air-conditioning equipment, pipe materials, and import stone. Its product portfolio includes tile/stone, siding, roofing material, wooden building, aluminum building material and wooden precut.

Ainavo Holdings Co Headlines

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