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Silver Life Co (TSE:9262) Earnings Yield (Joel Greenblatt) % : 9.63% (As of Jan. 2024)


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What is Silver Life Co Earnings Yield (Joel Greenblatt) %?

Silver Life Co's Enterprise Value for the quarter that ended in Jan. 2024 was 円9,701 Mil. Silver Life Co's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was 円935 Mil. Silver Life Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jan. 2024 was 9.63%.

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

TSE:9262' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.11   Med: 4.1   Max: 9.92
Current: 9.28

During the past 9 years, the highest Earnings Yield (Joel Greenblatt) of Silver Life Co was 9.92%. The lowest was 1.11%. And the median was 4.10%.

TSE:9262's Earnings Yield (Joel Greenblatt) % is ranked better than
71.85% of 1950 companies
in the Consumer Packaged Goods industry
Industry Median: 5.025 vs TSE:9262: 9.28

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) %. Silver Life Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Jan. 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.


Silver Life Co Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Silver Life 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.

Silver Life Co Earnings Yield (Joel Greenblatt) % Chart

Silver Life Co Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only 3.85 5.14 4.20 4.10 6.08

Silver Life Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 3.99 5.14 6.08 7.17 9.63

Competitive Comparison of Silver Life Co's Earnings Yield (Joel Greenblatt) %

For the Packaged Foods subindustry, Silver Life 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.


Silver Life Co's Earnings Yield (Joel Greenblatt) % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Silver Life Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Silver Life 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.

Silver Life Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jul. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=860.984/14151.4816
=6.08 %

Silver Life Co's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円935 Mil.



Silver Life Co  (TSE:9262) 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.


Silver Life Co Earnings Yield (Joel Greenblatt) % Related Terms

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


Silver Life Co (TSE:9262) Business Description

Traded in Other Exchanges
N/A
Address
4-32-4 Nishi-Shinjuku, Highness Lofty 2nd floor, Shinjuku-ku, Tokyo, JPN, 160-0023
Silver Life Co Ltd is a Japan-based company mainly engaged in the operation of franchise headquarters of delivery service for elderly people and sales of cooked ingredients to franchisees. The company operates through Food Manufacturing and Sales business. The company's seller has the franchise (FC) merchant stores, senior citizens facilities and others. FC merchant stores business is engaged in developing franchising food delivery stores with two brands: Magokoro-Bento and H-fureai. The Company also engages in the provision of management guidance to franchisees and sales of boxed lunch ingredients.

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