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MKH OIL PALM (EAST KALIMANTAN) Bhd (XKLS:5319) Earnings Yield (Joel Greenblatt) % : 21.01% (As of Dec. 2024)


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What is MKH OIL PALM (EAST KALIMANTAN) Bhd Earnings Yield (Joel Greenblatt) %?

MKH OIL PALM (EAST KALIMANTAN) Bhd's Enterprise Value for the quarter that ended in Dec. 2024 was RM435.6 Mil. MKH OIL PALM (EAST KALIMANTAN) Bhd's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 was RM91.6 Mil. MKH OIL PALM (EAST KALIMANTAN) Bhd's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2024 was 21.01%.

The historical rank and industry rank for MKH OIL PALM (EAST KALIMANTAN) Bhd's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

XKLS:5319' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 8.05   Med: 19.73   Max: 23.8
Current: 22.48

During the past 5 years, the highest Earnings Yield (Joel Greenblatt) of MKH OIL PALM (EAST KALIMANTAN) Bhd was 23.80%. The lowest was 8.05%. And the median was 19.73%.

XKLS:5319's Earnings Yield (Joel Greenblatt) % is ranked better than
93.29% of 1981 companies
in the Consumer Packaged Goods industry
Industry Median: 5.43 vs XKLS:5319: 22.48

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) %. MKH OIL PALM (EAST KALIMANTAN) Bhd's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2024 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.


MKH OIL PALM (EAST KALIMANTAN) Bhd Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for MKH OIL PALM (EAST KALIMANTAN) 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.

MKH OIL PALM (EAST KALIMANTAN) Bhd Earnings Yield (Joel Greenblatt) % Chart

MKH OIL PALM (EAST KALIMANTAN) Bhd Annual Data
Trend Sep20 Sep21 Sep22 Sep23 Sep24
Earnings Yield (Joel Greenblatt) %
- - - - 21.98

MKH OIL PALM (EAST KALIMANTAN) Bhd Quarterly Data
Sep20 Sep21 Sep22 Sep23 Jun24 Sep24 Dec24
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial - - 5.66 21.98 21.01

Competitive Comparison of MKH OIL PALM (EAST KALIMANTAN) Bhd's Earnings Yield (Joel Greenblatt) %

For the Farm Products subindustry, MKH OIL PALM (EAST KALIMANTAN) 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.


MKH OIL PALM (EAST KALIMANTAN) Bhd's Earnings Yield (Joel Greenblatt) % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, MKH OIL PALM (EAST KALIMANTAN) Bhd's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where MKH OIL PALM (EAST KALIMANTAN) Bhd's Earnings Yield (Joel Greenblatt) % falls into.


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MKH OIL PALM (EAST KALIMANTAN) 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.

MKH OIL PALM (EAST KALIMANTAN) Bhds Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Sep. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=86.396/393.523055
=21.95 %

MKH OIL PALM (EAST KALIMANTAN) 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 RM91.6 Mil.



MKH OIL PALM (EAST KALIMANTAN) Bhd  (XKLS:5319) 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.


MKH OIL PALM (EAST KALIMANTAN) Bhd Earnings Yield (Joel Greenblatt) % Related Terms

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MKH OIL PALM (EAST KALIMANTAN) Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jalan Semenyih, G-02 & G-03, Ground Floor, Wisma MKH, Kajang, SGR, MYS, 43000
MKH OIL PALM (EAST KALIMANTAN) Bhd is a investment holding and management services company. Through its subsidiaries, it is principally involved in the cultivation of oil palm and the production and sale of Crude Palm Oil (CPO), Palm Kernel (PK), and Crude Palm Kernel Oil (CPKO). The company's reportable operating segments are Plantation and Investment holding. A majority of its revenue is generated from the Plantation segment which is engaged in oil palm cultivation. Geographically, it derives maximum revenue from the Republic of Indonesia.

MKH OIL PALM (EAST KALIMANTAN) Bhd Headlines

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