What is EG Industries Bhd Earnings Yield (Joel Greenblatt) %?
EG Industries Bhd's Enterprise Value for the quarter that ended in Sep. 2024 was RM0.00 Mil.
EG Industries Bhd's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was RM102.25 Mil. EG Industries Bhd's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2024 was 7.53%.
The historical rank and industry rank for EG Industries Bhd's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
XKLS:8907PA.PFD'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1.78 Med: 6.62 Max: 17.57
Current: 6.78
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of EG Industries Bhd was 17.57%. The lowest was -1.78%. And the median was 6.62%.
XKLS:8907PA.PFD's Earnings Yield (Joel Greenblatt) % is ranked better than 69.8% of 2477
companies
in the Hardware industry
Industry Median: 2.62
vs XKLS:8907PA.PFD: 6.78
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) %. EG Industries Bhd's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2024 was 7.63%. 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.
EG Industries Bhd Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for EG 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.
EG Industries Bhd Earnings Yield (Joel Greenblatt) % Chart
For the Electronic Components subindustry, EG 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.
EG Industries Bhd's Earnings Yield (Joel Greenblatt) % Distribution in the Hardware Industry
For the Hardware industry and Technology sector, EG Industries Bhd's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where EG Industries Bhd's Earnings Yield (Joel Greenblatt) % falls into.
EG 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.
EG Industries Bhds Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 2024 is calculated as
EG Industries 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 RM102.25 Mil.
EG Industries Bhd (XKLS:8907PA.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.
EG Industries Bhd Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of EG Industries Bhd's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
EG Industries Bhd is an investment holding company, which engages in the provision of management services. Along with its subsidiaries, the company operates through the following segments: Electronic Manufacturing Services and Original Equipment Manufacturer/Original Design Manufacturer for Electronic and Electrical Products; and Other Non-reportable segments. The Other Non-reportable segment comprises operations related to investment holding and research and development. The company offers manufacturing services for computer peripherals, consumer electronic/electrical products, medical equipment, automotive industrial products, and telecommunication and other technological products industries. Geographically, it derives maximum revenue from Thailand.
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