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Mah Sing Group Bhd (XKLS:8583) Earnings Yield (Joel Greenblatt) % : 6.69% (As of Dec. 2024)


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What is Mah Sing Group Bhd Earnings Yield (Joel Greenblatt) %?

Mah Sing Group Bhd's Enterprise Value for the quarter that ended in Dec. 2024 was RM5,991 Mil. Mah Sing Group Bhd's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 was RM402 Mil. Mah Sing Group Bhd's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2024 was 6.69%.

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

XKLS:8583' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.52   Med: 13.06   Max: 42.58
Current: 12.18

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Mah Sing Group Bhd was 42.58%. The lowest was 6.52%. And the median was 13.06%.

XKLS:8583's Earnings Yield (Joel Greenblatt) % is ranked better than
78.29% of 1833 companies
in the Real Estate industry
Industry Median: 4.16 vs XKLS:8583: 12.18

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) %. Mah Sing Group Bhd's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2024 was 25.88%. 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.


Mah Sing Group Bhd Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Mah Sing 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.

Mah Sing Group Bhd Earnings Yield (Joel Greenblatt) % Chart

Mah Sing Group Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.60 10.29 12.89 13.99 6.69

Mah Sing Group 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 13.99 11.76 8.23 7.76 6.69

Competitive Comparison of Mah Sing Group Bhd's Earnings Yield (Joel Greenblatt) %

For the Real Estate - Development subindustry, Mah Sing 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.


Mah Sing Group Bhd's Earnings Yield (Joel Greenblatt) % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Mah Sing Group Bhd's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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


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Mah Sing 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.

Mah Sing Group Bhds Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=400.614/5990.5294
=6.69 %

Mah Sing Group 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 RM402 Mil.



Mah Sing Group Bhd  (XKLS:8583) 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.


Mah Sing Group Bhd Earnings Yield (Joel Greenblatt) % Related Terms

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Mah Sing Group Bhd Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 163, Jalan Sungai Besi, Penthouse Suite 1, Wisma Mah Sing, Kuala Lumpur, SGR, MYS, 57100
Mah Sing Group Bhd is a Malaysia-based company that is mainly engaged in three segments: Property, Manufacturing, and Investment Holding and others. The Property segment, which accounts for the majority of the company's revenue, invests in and develops residential, commercial, and industrial properties. The Manufacturing segment manufactures and trades a range of plastic molded products and gloves. The Investment holding and others segment is engaged in the provision of management and property support services, construction of residential properties, provision of hospitality management services, and trading of building materials. Geographically, it derives maximum revenue from Malaysia, followed by Indonesia, Singapore, Thailand, Philippines, United States, Australia, and other countries.

Mah Sing Group Bhd Headlines

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