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PGF Capital Bhd (XKLS:8117) Earnings Yield (Joel Greenblatt) % : 6.01% (As of May. 2024)


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What is PGF Capital Bhd Earnings Yield (Joel Greenblatt) %?

PGF Capital Bhd's Enterprise Value for the quarter that ended in May. 2024 was RM358.0 Mil. PGF Capital Bhd's EBIT for the trailing twelve months (TTM) ended in May. 2024 was RM21.5 Mil. PGF Capital Bhd's Earnings Yield (Joel Greenblatt) for the quarter that ended in May. 2024 was 6.01%.

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

XKLS:8117' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.31   Med: 9.59   Max: 59.72
Current: 5.36

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of PGF Capital Bhd was 59.72%. The lowest was 2.31%. And the median was 9.59%.

XKLS:8117's Earnings Yield (Joel Greenblatt) % is ranked better than
57.81% of 1588 companies
in the Chemicals industry
Industry Median: 4.11 vs XKLS:8117: 5.36

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) %. PGF Capital Bhd's Forward Rate of Return (Yacktman) % for the quarter that ended in May. 2024 was 21.35%. 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.


PGF Capital Bhd Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for PGF Capital 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.

PGF Capital Bhd Earnings Yield (Joel Greenblatt) % Chart

PGF Capital Bhd Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.69 11.31 2.69 10.60 6.39

PGF Capital Bhd Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 10.60 10.85 13.51 6.39 6.01

Competitive Comparison of PGF Capital Bhd's Earnings Yield (Joel Greenblatt) %

For the Specialty Chemicals subindustry, PGF Capital 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.


PGF Capital Bhd's Earnings Yield (Joel Greenblatt) % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, PGF Capital Bhd's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



PGF Capital 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.

PGF Capital Bhds Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Feb. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=18.334/287.03631
=6.39 %

PGF Capital Bhd's EBIT for the trailing twelve months (TTM) ended in May. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM21.5 Mil.



PGF Capital Bhd  (XKLS:8117) 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.


PGF Capital Bhd Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of PGF Capital Bhd's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


PGF Capital Bhd Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 2449, Lorong Perusahaan Sepuluh, Kawasan Perusahaan Perai, Perai, PNG, MYS, 13600
PGF Capital Bhd is an investment holding company with subsidiaries involved in manufacturing, agriculture, property development, and property investment. The Group has three business segments namely fibre glasswool and related products; Property development and Investment holding. The company generates maximum revenue from the fibre glasswool and related products segment. fibre glasswool and related products segment is a manufacturer and distributor of fibre glasswool and other related products.

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