What is Heitech Padu Bhd Earnings Yield (Joel Greenblatt) %?
Heitech Padu Bhd's Enterprise Value for the quarter that ended in Dec. 2023 was RM241.2 Mil.
Heitech Padu Bhd's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was RM12.9 Mil. Heitech Padu Bhd's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 5.34%.
The historical rank and industry rank for Heitech Padu Bhd's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
XKLS:5028'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -21.93 Med: 1.5 Max: 15.61
Current: 3.32
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Heitech Padu Bhd was 15.61%. The lowest was -21.93%. And the median was 1.50%.
XKLS:5028's Earnings Yield (Joel Greenblatt) % is ranked better than 60.76% of 2859
companies
in the Software industry
Industry Median: 1.35
vs XKLS:5028: 3.32
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) %. Heitech Padu Bhd'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.
Heitech Padu Bhd Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Heitech Padu 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.
Heitech Padu Bhd Earnings Yield (Joel Greenblatt) % Chart
For the Information Technology Services subindustry, Heitech Padu 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.
Heitech Padu Bhd's Earnings Yield (Joel Greenblatt) % Distribution in the Software Industry
For the Software industry and Technology sector, Heitech Padu Bhd's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Heitech Padu Bhd's Earnings Yield (Joel Greenblatt) % falls into.
Heitech Padu 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.
Heitech Padu Bhds Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as
Heitech Padu Bhd'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 RM12.9 Mil.
Heitech Padu Bhd (XKLS:5028) 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.
Heitech Padu Bhd Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Heitech Padu Bhd's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Heitech Padu Bhd offers systems integration, network related services, data centre management, disaster recovery services, and other information technology related services. The group is reorganized based on business maturity and is segregated as Core 1, which offers system integration and application development focusing on business acquisition for largely the Public Sector market. Core 2, which represents various offerings in different sectors by the group's subsidiaries; and Core 3, which carries the offerings for business acquisition mainly for the transport, financial services, and other segments. Geographically, it operates in Malaysia, Australia, and Indonesia. It has three operating segments: Information technology; Mailing and document processing services and Engineering works.
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