What is HD Hyundai Marine Solution Co Earnings Yield (Joel Greenblatt) %?
HD Hyundai Marine Solution Co's Enterprise Value for the quarter that ended in Jun. 2024 was ₩5,425,360 Mil.
HD Hyundai Marine Solution Co does not have enough years/quarters to calculate its EBIT for the trailing twelve months (TTM) ended in Jun. 2024. Therefore, GuruFocus does not calculate HD Hyundai Marine Solution Co's Earnings Yield (Joel Greenblatt) at this moment.
The historical rank and industry rank for HD Hyundai Marine Solution Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
XKRX:443060'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.62 Med: 3.91 Max: 4.97
Current: 3.1
During the past 8 years, the highest Earnings Yield (Joel Greenblatt) of HD Hyundai Marine Solution Co was 4.97%. The lowest was 2.62%. And the median was 3.91%.
XKRX:443060's Earnings Yield (Joel Greenblatt) % is ranked better than 57.72% of 324
companies
in the Aerospace & Defense industry
Industry Median: 2.515
vs XKRX:443060: 3.10
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) %. HD Hyundai Marine Solution Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2024 was 0.00%. 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.
HD Hyundai Marine Solution Co Earnings Yield (Joel Greenblatt) % Historical Data
* 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.
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HD Hyundai Marine Solution Co Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of HD Hyundai Marine Solution Co's Earnings Yield (Joel Greenblatt) %
For the Aerospace & Defense subindustry, HD Hyundai Marine Solution Co'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.
HD Hyundai Marine Solution Co's Earnings Yield (Joel Greenblatt) % Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, HD Hyundai Marine Solution Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where HD Hyundai Marine Solution Co's Earnings Yield (Joel Greenblatt) % falls into.
HD Hyundai Marine Solution Co 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.
HD Hyundai Marine Solution Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as
HD Hyundai Marine Solution Co (XKRX:443060) 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.
HD Hyundai Marine Solution Co Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of HD Hyundai Marine Solution Co's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
HD Hyundai Marine Solution Co Business Description
HD Hyundai Marine Solution Co Ltd is a company that is engaged in a ship-after-service business that provides necessary services throughout the ship life cycle after delivery of a new ship. They provide products and services in four categories that includes AM solutions, bunkering, eco-friendly conversion, and SDV (Software Defined Vessels). AM Solutions provides maintenance/repair/management services for ships and engines mounted on ships, land-based power generation technology services using engines, and paid/free warranty agency services for ships built by HD Hyundai Group.
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