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Seremban Engineering Bhd (XKLS:5163) Earnings Yield (Joel Greenblatt) % : 8.21% (As of Dec. 2024)


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What is Seremban Engineering Bhd Earnings Yield (Joel Greenblatt) %?

Seremban Engineering Bhd's Enterprise Value for the quarter that ended in Dec. 2024 was RM93.7 Mil. Seremban Engineering Bhd's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 was RM7.7 Mil. Seremban Engineering Bhd's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2024 was 8.21%.

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

XKLS:5163' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -33.1   Med: 4.49   Max: 13.44
Current: 9.45

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Seremban Engineering Bhd was 13.44%. The lowest was -33.10%. And the median was 4.49%.

XKLS:5163's Earnings Yield (Joel Greenblatt) % is ranked better than
78.8% of 3043 companies
in the Industrial Products industry
Industry Median: 3.83 vs XKLS:5163: 9.45

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) %. Seremban Engineering Bhd's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2024 was 15.00%. 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.


Seremban Engineering Bhd Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Seremban Engineering 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.

Seremban Engineering Bhd Earnings Yield (Joel Greenblatt) % Chart

Seremban Engineering Bhd Annual Data
Trend Dec13 Dec14 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.45 4.13 5.50 5.54 6.64

Seremban Engineering Bhd Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 6.64 6.90 6.64 10.37 8.21

Competitive Comparison of Seremban Engineering Bhd's Earnings Yield (Joel Greenblatt) %

For the Metal Fabrication subindustry, Seremban Engineering 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.


Seremban Engineering Bhd's Earnings Yield (Joel Greenblatt) % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Seremban Engineering Bhd's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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


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Seremban Engineering 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.

Seremban Engineering Bhds Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=8.003/120.6147
=6.64 %

Seremban Engineering Bhd's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM7.7 Mil.



Seremban Engineering Bhd  (XKLS:5163) 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.


Seremban Engineering Bhd Earnings Yield (Joel Greenblatt) % Related Terms

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Seremban Engineering Bhd Business Description

Traded in Other Exchanges
N/A
Address
Lot 1A - 1C, Lorong Bunga Tanjung 1/3, Senawang Industrial Park, Seremban, NSN, MYS, 70400
Seremban Engineering Bhd is engaged in providing engineering services including fabrication, engineering support, maintenance, and shutdown work for oil and fats, palm oil refineries, water treatment, food, chemical plants, and oil and gas industries. The products and services provided by the company include the Design, fabrication, and installation of unfired pressure vessels, reactors, heat exchangers, oil heaters, towers and columns, deodorisers, and receiver tanks, Fabrication and erection of steel structures and platforms and the Fabrication and piping works. Geographically, the company operates in Asia, Europe, Malaysia, and Singapore of which Malaysia generates the maximum revenue.

Seremban Engineering Bhd Headlines

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