GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » National International Holding Co KSCC (DFM:NIH) » Definitions » Earnings Yield (Joel Greenblatt) %

National International Holding Co KSCC (DFM:NIH) Earnings Yield (Joel Greenblatt) % : 16.03% (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is National International Holding Co KSCC Earnings Yield (Joel Greenblatt) %?

National International Holding Co KSCC's Enterprise Value for the quarter that ended in Dec. 2023 was د.إ228.22 Mil. National International Holding Co KSCC's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was د.إ34.37 Mil. National International Holding Co KSCC's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 16.03%.

The historical rank and industry rank for National International Holding Co KSCC's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

DFM:NIH' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2733.89   Med: 9.12   Max: 2683.38
Current: 33.4

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of National International Holding Co KSCC was 2683.38%. The lowest was -2733.89%. And the median was 9.12%.

DFM:NIH's Earnings Yield (Joel Greenblatt) % is ranked better than
96.33% of 1716 companies
in the Asset Management industry
Industry Median: 0 vs DFM:NIH: 33.40

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) %. National International Holding Co KSCC's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 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.


National International Holding Co KSCC Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for National International Holding Co KSCC'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.

National International Holding Co KSCC Earnings Yield (Joel Greenblatt) % Chart

National International Holding Co KSCC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.88 -31.85 8.12 8.38 16.03

National International Holding Co KSCC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 8.38 8.27 9.57 14.35 16.03

Competitive Comparison of National International Holding Co KSCC's Earnings Yield (Joel Greenblatt) %

For the Asset Management subindustry, National International Holding Co KSCC'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.


National International Holding Co KSCC's Earnings Yield (Joel Greenblatt) % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, National International Holding Co KSCC's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where National International Holding Co KSCC's Earnings Yield (Joel Greenblatt) % falls into.



National International Holding Co KSCC 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.

National International Holding Co KSCCs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=34.373/228.22
=15.06 %

National International Holding Co KSCC's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was د.إ34.37 Mil.



National International Holding Co KSCC  (DFM:NIH) 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.


National International Holding Co KSCC Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of National International Holding Co KSCC's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


National International Holding Co KSCC (DFM:NIH) Business Description

Traded in Other Exchanges
Address
Abdulaziz Al-Saqer Street, Floor 45, Al-Raya Tower 2, PO Box 25825, Safat, Kuwait City, KWT
National International Holding Co KSCC is an investment company that invests in private equity and financial instruments, regionally and globally. The company is engaged in various types of investment activities through a well-diversified investment portfolio spread over several investment sectors basically financial services, real estate, industrial, contracting, information technology, and leisure and tourism. The group has three reportable segments Financial investing activities; Real Estate investing activities and Industrial activities.

National International Holding Co KSCC (DFM:NIH) Headlines

No Headlines