What is Hitachi Transport System Earnings Yield (Joel Greenblatt) %?
Hitachi Transport System's Enterprise Value for the quarter that ended in Dec. 2022 was $0.00 Mil.
Hitachi Transport System's EBIT for the trailing twelve months (TTM) ended in Dec. 2022 was $281.54 Mil. Hitachi Transport System's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2022 was 0.00%.
The historical rank and industry rank for Hitachi Transport System's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Hitachi Transport System was 13.08%. The lowest was 2.94%. And the median was 7.66%.
HTSLF's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Transportation industry.
Industry Median: 6.885 * Ranked among companies with meaningful Earnings Yield (Joel Greenblatt) % only.
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) %. Hitachi Transport System's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2022 was 20.00%. 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.
Hitachi Transport System Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Hitachi Transport System'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.
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Hitachi Transport System Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of Hitachi Transport System's Earnings Yield (Joel Greenblatt) %
For the Integrated Freight & Logistics subindustry, Hitachi Transport System'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.
Hitachi Transport System's Earnings Yield (Joel Greenblatt) % Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Hitachi Transport System's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Hitachi Transport System's Earnings Yield (Joel Greenblatt) % falls into.
Hitachi Transport System 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.
Hitachi Transport Systems Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2022 is calculated as
Hitachi Transport System's EBIT for the trailing twelve months (TTM) ended in Dec. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $281.54 Mil.
Hitachi Transport System (OTCPK:HTSLF) 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.
Hitachi Transport System Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Hitachi Transport System's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Hitachi Transport System (Hitachi Transport System) Business Description
Hitachi Transport System Ltd is a transportation and logistics company domiciled in Japan. The company organises itself into three segments: domestic logistics, global logistics, and other. Domestic logistics, which generates the majority of revenue, transports and delivers goods, and provides general logistics services in Japan. Global logistics transports goods by land, sea, and air, and provides logistics services internationally. The other segment includes logistics consulting and information technology services. The company derives the majority of revenue domestically.
Hitachi Transport System (Hitachi Transport System) Headlines
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