What is NIKKON Holdings Co Earnings Yield (Joel Greenblatt) %?
NIKKON Holdings Co's Enterprise Value for the quarter that ended in Dec. 2023 was 円234,667 Mil.
NIKKON Holdings Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was 円23,887 Mil. NIKKON Holdings Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 10.45%.
The historical rank and industry rank for NIKKON Holdings Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
TSE:9072'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 8.94 Med: 11.82 Max: 17.94
Current: 10.87
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of NIKKON Holdings Co was 17.94%. The lowest was 8.94%. And the median was 11.82%.
TSE:9072's Earnings Yield (Joel Greenblatt) % is ranked better than 69.5% of 1000
companies
in the Transportation industry
Industry Median: 7.03
vs TSE:9072: 10.87
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) %. NIKKON Holdings Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 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.
NIKKON Holdings Co Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for NIKKON 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.
NIKKON Holdings Co Earnings Yield (Joel Greenblatt) % Chart
For the Integrated Freight & Logistics subindustry, NIKKON 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.
NIKKON Holdings Co's Earnings Yield (Joel Greenblatt) % Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, NIKKON Holdings Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where NIKKON Holdings Co's Earnings Yield (Joel Greenblatt) % falls into.
NIKKON 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.
NIKKON Holdings Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2024 is calculated as
NIKKON Holdings Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円23,887 Mil.
NIKKON Holdings Co (TSE:9072) 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.
NIKKON Holdings Co Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of NIKKON Holdings Co's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
NIKKON Holdings Co (TSE:9072) Business Description
NIKKON Holdings Co Ltd is a logistics company, domiciled in Japan. The company organizes itself into five segments: shipping, warehousing, packaging, test, and others. The shipping segment, which provides the largest portion of revenue, transports heavy equipment by road, including vehicles, vehicle parts, and machinery. Packaging, the next- largest segment, processes, and packs cargo. The warehousing segment provides storage for cargo. The test segment provides vehicle and machinery testing services. The other segment repairs vehicles leases real estate and sells insurance. The company earns the majority of its revenue in Japan and a small proportion of revenue from North America and Asia.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TSE:9072 has been successfully added to your 