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ATTA Global Group Bhd (XKLS:7099PA.PFD) Earnings Yield (Joel Greenblatt) % : 20.41% (As of Sep. 2024)


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What is ATTA Global Group Bhd Earnings Yield (Joel Greenblatt) %?

ATTA Global Group Bhd's Enterprise Value for the quarter that ended in Sep. 2024 was RM0.00 Mil. ATTA Global Group Bhd's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was RM19.66 Mil. ATTA Global Group Bhd's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2024 was 20.41%.

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

XKLS:7099PA.PFD' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -3.4   Med: 11.03   Max: 108.99
Current: 27.7

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of ATTA Global Group Bhd was 108.99%. The lowest was -3.40%. And the median was 11.03%.

XKLS:7099PA.PFD's Earnings Yield (Joel Greenblatt) % is ranked better than
95.19% of 3037 companies
in the Industrial Products industry
Industry Median: 3.69 vs XKLS:7099PA.PFD: 27.70

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) %. ATTA Global Group Bhd's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2024 was -5.01%. 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.


ATTA Global Group Bhd Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for ATTA Global Group 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.

ATTA Global Group Bhd Earnings Yield (Joel Greenblatt) % Chart

ATTA Global Group Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Jun21 Jun22 Jun23 Jun24
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.97 3.09 6.49 27.70 15.53

ATTA Global Group Bhd Quarterly Data
Jun19 Sep19 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 16.23 26.04 22.12 15.53 20.41

Competitive Comparison of ATTA Global Group Bhd's Earnings Yield (Joel Greenblatt) %

For the Metal Fabrication subindustry, ATTA Global Group 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.


ATTA Global Group Bhd's Earnings Yield (Joel Greenblatt) % Distribution in the Industrial Products Industry

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

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



ATTA Global Group 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.

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

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=18.589/0
= %

ATTA Global Group Bhd's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM19.66 Mil.



ATTA Global Group Bhd  (XKLS:7099PA.PFD) 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.


ATTA Global Group Bhd Earnings Yield (Joel Greenblatt) % Related Terms

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ATTA Global Group Bhd Business Description

Traded in Other Exchanges
Address
No. 17, Jalan Perusahaan Sungai Lokan 3, Taman Industri Sungai Lokan, Butterworth, Pulau Pinang, Seberang Perai, PNG, MYS, 13800
Mayu Global Group Bhd is an investment holding company. It is involved in the process of steel coil, tube, strapping, steel furniture, metal roofing, floor decking, perforated metal and the industrial recycling of scrap metal. The company's operating segment includes Manufacturing; Trading; Property Development and Others. It generates maximum revenue from the Manufacturing segment. Geographically, it derives a majority of its revenue from Malaysia.

ATTA Global Group Bhd Headlines

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