GURUFOCUS.COM » STOCK LIST » Technology » Software » ICT Zone Asia Bhd (XKLS:03038P.PFD) » Definitions » Earnings Yield (Joel Greenblatt) %

ICT Zone Asia Bhd (XKLS:03038P.PFD) Earnings Yield (Joel Greenblatt) % : 7.27% (As of Jan. 2025)


View and export this data going back to 2020. Start your Free Trial

What is ICT Zone Asia Bhd Earnings Yield (Joel Greenblatt) %?

ICT Zone Asia Bhd's Enterprise Value for the quarter that ended in Jan. 2025 was RM0.00 Mil. ICT Zone Asia Bhd's EBIT for the trailing twelve months (TTM) ended in Jan. 2025 was RM19.24 Mil. ICT Zone Asia Bhd's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jan. 2025 was 7.27%.

The historical rank and industry rank for ICT Zone Asia Bhd's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

XKLS:03038P.PFD' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.29   Med: 5.57   Max: 8.88
Current: 6.77

During the past 7 years, the highest Earnings Yield (Joel Greenblatt) of ICT Zone Asia Bhd was 8.88%. The lowest was 4.29%. And the median was 5.57%.

XKLS:03038P.PFD's Earnings Yield (Joel Greenblatt) % is not ranked
in the Software industry.
Industry Median: 1.5 vs XKLS:03038P.PFD: 6.77

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) %. ICT Zone Asia Bhd's Forward Rate of Return (Yacktman) % for the quarter that ended in Jan. 2025 was 12.93%. 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.


ICT Zone Asia Bhd Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for ICT Zone Asia Bhd'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.

ICT Zone Asia Bhd Earnings Yield (Joel Greenblatt) % Chart

ICT Zone Asia Bhd Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial 6.61 5.01 6.27 5.73 7.27

ICT Zone Asia Bhd Semi-Annual Data
Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25
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 6.27 - 5.73 - 7.27

Competitive Comparison of ICT Zone Asia Bhd's Earnings Yield (Joel Greenblatt) %

For the Information Technology Services subindustry, ICT Zone Asia Bhd'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.


ICT Zone Asia Bhd's Earnings Yield (Joel Greenblatt) % Distribution in the Software Industry

For the Software industry and Technology sector, ICT Zone Asia Bhd's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where ICT Zone Asia Bhd's Earnings Yield (Joel Greenblatt) % falls into.


;
;

ICT Zone Asia Bhd 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.

ICT Zone Asia Bhds Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jan. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=19.228/0
= %

For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.



ICT Zone Asia Bhd  (XKLS:03038P.PFD) 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.


ICT Zone Asia Bhd Earnings Yield (Joel Greenblatt) % Related Terms

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


ICT Zone Asia Bhd Business Description

Industry
Traded in Other Exchanges
N/A
Address
Jalan Ampang Putra, Ground Floor, Block H, Excella Business Park, Wilayah Persekutuan, Ampang, Kuala Lumpur, SGR, MYS, 55100
ICT Zone Asia Bhd is an investment holding company. The company operates in the following segments: Technology financing, which involves technology financing involves operating lease of ICT hardware and software; Trading includes outright sales of ICT hardware and software and disposal of ICT assets; Service segment includes the provision of ICT services that comprise of corrective and preventative maintenance; and Cloud solution and service segment includes the provision of customized cloud services with architecture solution and outright sales of ICT hardware and software for cloud solution.

ICT Zone Asia Bhd Headlines

No Headlines