CWG Holdings Bhd (XKLS:9423) Earnings Yield (Joel Greenblatt) %: 41.67% (As of Mar. 2026) — 248% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:9423 CWG Holdings Bhd XKLS:9423
52 GF Score
Price RM0.14
GF Value RM0.28
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is CWG Holdings Bhd Earnings Yield (Joel Greenblatt) %?

CWG Holdings Bhd XKLS:9423 52 Earnings Yield (Joel Greenblatt) % is 41.67% as of Mar. 2026, which is 248% above its 10-year median of 11.99. GuruFocus rates XKLS:9423 with a GF Score™ of 52/100 and a GF Value™ of RM0.28 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 287 Forest Products companies, CWG Holdings Bhd ranks better than 98.26% on this metric.

CWG Holdings Bhd's Enterprise Value for the quarter that ended in Mar. 2026 was RM31.5 Mil. CWG Holdings Bhd's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was RM13.1 Mil. CWG Holdings Bhd's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 41.67%.

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

XKLS:9423' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -9.59   Med: 11.99   Max: 52.63
Current: 52.63

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of CWG Holdings Bhd was 52.63%. The lowest was -9.59%. And the median was 11.99%.

XKLS:9423's Earnings Yield (Joel Greenblatt) % is ranked better than
98.26% of 287 companies
in the Forest Products industry
Industry Median: 3.93 vs XKLS:9423: 52.63

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) %. CWG Holdings Bhd's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 17.47%. 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.


CWG Holdings Bhd  (XKLS:9423) 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.


CWG Holdings Bhd Earnings Yield (Joel Greenblatt) % Related Terms


CWG Holdings Bhd Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for CWG Holdings 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.

CWG Holdings Bhd Earnings Yield (Joel Greenblatt) % Chart

CWG Holdings Bhd Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.43 5.51 21.51 -5.20 24.88

CWG Holdings Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 7.17 24.88 33.11 37.31 41.67

XKLS:9423 vs SLVM: Earnings Yield (Joel Greenblatt) % Comparison

For the Paper & Paper Products subindustry, CWG Holdings 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.


CWG Holdings Bhd Earnings Yield (Joel Greenblatt) % vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, CWG Holdings Bhd's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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


XKLS:9423
52GF Score
CWG Holdings Bhd XKLS:9423
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CWG Holdings 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.

CWG Holdings Bhds Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=10.304/41.39091
=24.89 %

CWG Holdings Bhd's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was RM13.1 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 41.67% mean?
CWG Holdings Bhd (XKLS:9423) has a Earnings Yield (Joel Greenblatt) % of 41.67% as of Mar. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on CWG Holdings Bhd and its competitors. This is 248% above median its historical median of 11.99. According to the industry distribution chart, CWG Holdings Bhd ranks #5 out of 287 companies in the Forest Products industry, placing it in the top 1.7%.
Is CWG Holdings Bhd's Earnings Yield (Joel Greenblatt) % too high?
CWG Holdings Bhd's current Earnings Yield (Joel Greenblatt) % of 41.67% is 248% above median its 10-year median of 11.99. The Forest Products industry median Earnings Yield (Joel Greenblatt) % is 3.93. CWG Holdings Bhd's value of 41.67% is 960.3% above this industry median. Based on the distribution chart, CWG Holdings Bhd ranks #5 out of 287 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, CWG Holdings Bhd has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CWG Holdings Bhd's Earnings Yield (Joel Greenblatt) % compare to SLVM?
According to the Forest Products industry distribution chart, CWG Holdings Bhd ranks #5 out of 287 companies for Earnings Yield (Joel Greenblatt) %. This places CWG Holdings Bhd in the top 2% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 3.93. CWG Holdings Bhd's value of 41.67% is 960.3% above this benchmark. While the company's 10-year median is 11.99 vs. the industry median of 3.93, CWG Holdings Bhd has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a Forest Products company?
The median Earnings Yield (Joel Greenblatt) % among Forest Products companies is 3.93, based on 287 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CWG Holdings Bhd's current Earnings Yield (Joel Greenblatt) % of 41.67% is 960.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on CWG Holdings Bhd and its competitors. For the Forest Products industry, the median Earnings Yield (Joel Greenblatt) % is 3.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CWG Holdings Bhd's current Earnings Yield (Joel Greenblatt) % is 41.67%, which is 248% above median its own 10-year median of 11.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CWG Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, CWG Holdings Bhd (XKLS:9423) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.28, compared to a current price of RM0.14 — trading 51.8% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 41.67%, which is 248% above median its 10-year median of 11.99 and 960.3% above the Forest Products industry median of 3.93. CWG Holdings Bhd's overall GF Score™ is 52/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For CWG Holdings Bhd (XKLS:9423), the current Earnings Yield (Joel Greenblatt) % is 41.67% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is CWG Holdings Bhd (XKLS:9423) Overvalued in 2026?

Based on GuruFocus' analysis, CWG Holdings Bhd stock appears to be undervalued. The current stock price of RM0.14 is trading 51.8% below its estimated GF Value™ of RM0.28. GuruFocus considers CWG Holdings Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:9423:

  • Earnings Yield (Joel Greenblatt) %: 41.67% (248% above median its 10-year median of 11.99)
  • GF Value™: RM0.28 vs. price of RM0.14 (51.8% below fair value)
  • GF Score™: 52/100 with 5 warning signs
  • Industry Position: 960.3% above the Forest Products median (#5 of 287)

No single metric tells the full story. See the XKLS:9423 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CWG Holdings Bhd Business Description

Address 6428, Lorong Mak Mandin Tiga, Mak Mandin Industrial Estate, Butterworth, Seberang Perai, PNG, MYS, 13400
CWG Holdings Bhd is a Malaysia based investment holding company. Through its subsidiaries, the company is involved in the manufacture and sale of stationery and printing material. The products offered include spiral notebooks, pads, hardcover books, files, paper bags, gift wraps, and the publishing of children's books. The group has three segments namely, Manufacture and sale of stationery and printing materials, property development and Investment holding. The company geographically operates in Malaysia, Other Asian countries, Oceania, Europe, Africa and America. It generates majority of its revenue from Other Asian countries.
52GF Score

Get the complete analysis for XKLS:9423

Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.14
Price
RM0.28
GF Value