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Golden House (XTAE:GOHO) Earnings Yield (Joel Greenblatt) % : 71.43% (As of Sep. 2024)


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What is Golden House Earnings Yield (Joel Greenblatt) %?

Golden House's Enterprise Value for the quarter that ended in Sep. 2024 was ₪104.25 Mil. Golden House's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was ₪74.65 Mil. Golden House's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2024 was 71.43%.

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

XTAE:GOHO' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.79   Med: 20.55   Max: 82.25
Current: 52.9

During the past 3 years, the highest Earnings Yield (Joel Greenblatt) of Golden House was 82.25%. The lowest was 5.79%. And the median was 20.55%.

XTAE:GOHO's Earnings Yield (Joel Greenblatt) % is ranked better than
98.72% of 701 companies
in the Healthcare Providers & Services industry
Industry Median: 2.45 vs XTAE:GOHO: 52.90

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) %. Golden House's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 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.


Golden House Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Golden House'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.

Golden House Earnings Yield (Joel Greenblatt) % Chart

Golden House Annual Data
Trend Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
8.76 38.02 27.62

Golden House Quarterly Data
Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only 7.04 27.62 22.32 23.15 71.43

Competitive Comparison of Golden House's Earnings Yield (Joel Greenblatt) %

For the Medical Care Facilities subindustry, Golden House'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.


Golden House's Earnings Yield (Joel Greenblatt) % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Golden House's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Golden House's Earnings Yield (Joel Greenblatt) % falls into.



Golden House 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.

Golden Houses Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=62.618/226.44662
=27.65 %

Golden House'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 ₪74.65 Mil.



Golden House  (XTAE:GOHO) 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.


Golden House Earnings Yield (Joel Greenblatt) % Related Terms

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Golden House Business Description

Traded in Other Exchanges
N/A
Address
Moshe Dayan Street 66, Tel Aviv, ISR, 67320
Golden House Ltd provides assisted living services for elderly people. It also offers culture & social life services, conducts handcraft classes & workshops & nursing home operations, among others. It has more than hundred housing units of various sizes as well as public spaces including a lobby, spacious club, restaurant, coffee shop.

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