Ray Go Solar Holdings Bhd (XKLS:03052) Earnings Yield (Joel Greenblatt) %: 0.00% (As of Apr. 2026)

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XKLS:03052 Ray Go Solar Holdings Bhd XKLS:03052
43 GF Score
Price RM0.17
GF Value RM0.24
! 7 Warning Signs
View Full Analysis

What is Ray Go Solar Holdings Bhd Earnings Yield (Joel Greenblatt) %?

Ray Go Solar Holdings Bhd XKLS:03052 43 Earnings Yield (Joel Greenblatt) % is 0.00% as of Apr. 2026. GuruFocus rates XKLS:03052 with a GF Score™ of 43/100 and a GF Value™ of RM0.24. The stock has 7 warning signs investors should review.

Ray Go Solar Holdings Bhd's Enterprise Value for the quarter that ended in Apr. 2026 was RM46.92 Mil. Ray Go Solar Holdings Bhd's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was RM2.25 Mil. Ray Go Solar Holdings Bhd's Earnings Yield (Joel Greenblatt) for the quarter that ended in Apr. 2026 was 0.00%.

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

XKLS:03052' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -5.38   Med: 4.21   Max: 7.74
Current: 5.76

During the past 7 years, the highest Earnings Yield (Joel Greenblatt) of Ray Go Solar Holdings Bhd was 7.74%. The lowest was -5.38%. And the median was 4.21%.

XKLS:03052's Earnings Yield (Joel Greenblatt) % is not ranked
in the Semiconductors industry.
Industry Median: 1.3 vs XKLS:03052: 5.76

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) %. Ray Go Solar Holdings Bhd's Forward Rate of Return (Yacktman) % for the quarter that ended in Apr. 2026 was 0.00%. 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.


Ray Go Solar Holdings Bhd  (XKLS:03052) 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.


Ray Go Solar Holdings Bhd Earnings Yield (Joel Greenblatt) % Related Terms


Ray Go Solar Holdings Bhd Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Ray Go Solar Holdings 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.

Ray Go Solar Holdings Bhd Earnings Yield (Joel Greenblatt) % Chart

Ray Go Solar Holdings Bhd Annual Data
Trend Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial 0.00 -4.63 0.63 5.30 7.74

Ray Go Solar Holdings Bhd Semi-Annual Data
Oct19 Oct20 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 5.30 0.00 7.74 0.00

XKLS:03052 vs FSLR, NXT, ENPH: Earnings Yield (Joel Greenblatt) % Comparison

For the Solar subindustry, Ray Go Solar Holdings 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.


Ray Go Solar Holdings Bhd Earnings Yield (Joel Greenblatt) % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Ray Go Solar Holdings Bhd's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Ray Go Solar Holdings Bhd's Earnings Yield (Joel Greenblatt) % falls into.


XKLS:03052
43GF Score
Ray Go Solar Holdings Bhd XKLS:03052
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ray Go Solar Holdings 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.

Ray Go Solar Holdings Bhds Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Oct. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=1.65/21.313
=7.74 %

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.


What does a Earnings Yield (Joel Greenblatt) % of 0.00% mean?
Ray Go Solar Holdings Bhd (XKLS:03052) has a Earnings Yield (Joel Greenblatt) % of 0.00% as of Apr. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Ray Go Solar Holdings Bhd and its competitors.
Is Ray Go Solar Holdings Bhd's Earnings Yield (Joel Greenblatt) % too high?
Ray Go Solar Holdings Bhd's current Earnings Yield (Joel Greenblatt) % is 0.00%. Overall, Ray Go Solar Holdings Bhd has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Ray Go Solar Holdings Bhd's Earnings Yield (Joel Greenblatt) % compare to FSLR and NXT?
Ray Go Solar Holdings Bhd's Earnings Yield (Joel Greenblatt) % of 0.00% can be compared against companies in the Semiconductors industry. The industry median Earnings Yield (Joel Greenblatt) % is 1.30. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a Semiconductors company?
The median Earnings Yield (Joel Greenblatt) % among Semiconductors companies is 1.30, based on 1,029 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Ray Go Solar Holdings Bhd and its competitors. For the Semiconductors industry, the median Earnings Yield (Joel Greenblatt) % is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ray Go Solar Holdings Bhd's current Earnings Yield (Joel Greenblatt) % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ray Go Solar Holdings Bhd stock overvalued right now?
Ray Go Solar Holdings Bhd (XKLS:03052) has a current Earnings Yield (Joel Greenblatt) % of 0.00%. The stock's GF Value™ is RM0.24, compared to a current price of RM0.17 — trading 29.2% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 0.00%. Ray Go Solar Holdings Bhd's overall GF Score™ is 43/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Ray Go Solar Holdings Bhd (XKLS:03052), the current Earnings Yield (Joel Greenblatt) % is 0.00% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ray Go Solar Holdings Bhd (XKLS:03052) Overvalued in 2026?

Based on GuruFocus' analysis, Ray Go Solar Holdings Bhd stock appears to be undervalued. The current stock price of RM0.17 is trading 29.2% below its estimated GF Value™ of RM0.24.

Key valuation signals for XKLS:03052:

  • Earnings Yield (Joel Greenblatt) %: 0.00%
  • GF Value™: RM0.24 vs. price of RM0.17 (29.2% below fair value)
  • GF Score™: 43/100 with 7 warning signs

No single metric tells the full story. See the XKLS:03052 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ray Go Solar Holdings Bhd Business Description

Address No. 44, Jalan Serendah 26/39, Hicom Industrial Estate, Shah Alam, SGR, MYS, 40400
Ray Go Solar Holdings Bhd is a solar engineering procurement construction (EPC) company providing integrated solar services throughout the entire process of installing a photovoltaic (PV) system. Its business segments include Sales of energy generated from solar projects; and Engineering, Procurement, Construction, and Commissions (EPCC) in solar projects; and operations and maintenance for solar projects. Maximum revenue for the company is derived from its EPCC segment. Geographically, it operates only in Malaysia.
43GF Score

Get the complete analysis for XKLS:03052

Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.17
Price
RM0.24
GF Value