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Permaju Industries Bhd (XKLS:7080) Earnings Yield (Joel Greenblatt) % : -5.45% (As of Mar. 2024)


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What is Permaju Industries Bhd Earnings Yield (Joel Greenblatt) %?

Permaju Industries Bhd's Enterprise Value for the quarter that ended in Mar. 2024 was RM126.30 Mil. Permaju Industries Bhd's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was RM-6.89 Mil. Permaju Industries Bhd's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2024 was -5.45%.

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

XKLS:7080' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -305.1   Med: -8.41   Max: 2.73
Current: -5.06

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Permaju Industries Bhd was 2.73%. The lowest was -305.10%. And the median was -8.41%.

XKLS:7080's Earnings Yield (Joel Greenblatt) % is ranked worse than
88.08% of 1317 companies
in the Vehicles & Parts industry
Industry Median: 6.03 vs XKLS:7080: -5.06

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) %. Permaju Industries Bhd's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2024 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.


Permaju Industries Bhd Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Permaju Industries 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.

Permaju Industries Bhd Earnings Yield (Joel Greenblatt) % Chart

Permaju Industries Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Jun20 Jun21 Jun22 Jun23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.07 -11.98 -30.03 -21.10 -13.19

Permaju Industries Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -13.02 -13.19 -7.86 -6.75 -5.45

Competitive Comparison of Permaju Industries Bhd's Earnings Yield (Joel Greenblatt) %

For the Auto & Truck Dealerships subindustry, Permaju Industries 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.


Permaju Industries Bhd's Earnings Yield (Joel Greenblatt) % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Permaju Industries Bhd's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Permaju Industries 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.

Permaju Industries Bhds Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-17.53/132.904
=-13.19 %

Permaju Industries Bhd's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-6.89 Mil.



Permaju Industries Bhd  (XKLS:7080) 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.


Permaju Industries Bhd Earnings Yield (Joel Greenblatt) % Related Terms

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Permaju Industries Bhd (XKLS:7080) Business Description

Traded in Other Exchanges
Address
Lot 45182, Sungai Penchala, Off Jalan Damansara, Wisma Cergaz, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 60000
Permaju Industries Bhd is Malaysia-based investment holding firm. The company is engaged in the sales and distribution of automobile vehicles. The company operates in five business segments namely; Timber segment comprises of sale of timber logs and related timber products and holding of timber concession and tree plantation, Automotive comprises of sale and distribution of motor vehicles and provision of related services which also contributes a majorly in revenue, Property segment consists of development and construction of property, EV Division consists of Rental of luxury EV motor vehicles and Other segment involved in group level corporate services and investment holding activity. Majority of its revenue comes from the Malaysian market.

Permaju Industries Bhd (XKLS:7080) Headlines

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