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Kulicke & Soffa Industries (NAS:KLIC) Earnings Yield (Joel Greenblatt) %

: 19.49% (As of Dec. 2022)
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Kulicke & Soffa Industries's Enterprise Value for the quarter that ended in Dec. 2022 was $1,763 Mil. Kulicke & Soffa Industries's EBIT for the trailing twelve months (TTM) ended in Dec. 2022 was $344 Mil. Kulicke & Soffa Industries's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2022 was 19.49%.

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

KLIC' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.71   Med: 14.34   Max: 65.99
Current: 15.67

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Kulicke & Soffa Industries was 65.99%. The lowest was 2.71%. And the median was 14.34%.

KLIC's Earnings Yield (Joel Greenblatt) % is ranked better than
85.17% of 951 companies
in the Semiconductors industry
Industry Median: 3.76 vs KLIC: 15.67

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) %. Kulicke & Soffa Industries's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2022 was 26.54%. 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.


Kulicke & Soffa Industries Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Kulicke & Soffa Industries'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.

Kulicke & Soffa Industries Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Earnings Yield (Joel Greenblatt) %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.83 3.81 7.56 14.25 32.57

Kulicke & Soffa Industries Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Earnings Yield (Joel Greenblatt) % 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 Premium Member Only Premium Member Only Premium Member Only 17.01 20.79 31.15 32.57 19.49

Competitive Comparison

For the Semiconductor Equipment & Materials subindustry, Kulicke & Soffa Industries'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.

   

Kulicke & Soffa Industries Earnings Yield (Joel Greenblatt) % Distribution

For the Semiconductors industry and Technology sector, Kulicke & Soffa Industries's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Kulicke & Soffa Industries's Earnings Yield (Joel Greenblatt) % falls in comparison to its industry or sector. The grey bar indicates the Earnings Yield (Joel Greenblatt) %'s extreme value range as defined by GuruFocus.



Kulicke & Soffa Industries 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.

Kulicke & Soffa Industriess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Sep. 2022 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=477.196/1467.29784
=32.52 %

Kulicke & Soffa Industries'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 $344 Mil.



Kulicke & Soffa Industries  (NAS:KLIC) 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.


Kulicke & Soffa Industries Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Kulicke & Soffa Industries's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Kulicke & Soffa Industries (NAS:KLIC) Business Description

Kulicke & Soffa Industries logo
Industry
Traded in Other Exchanges
Address
23A Serangoon North Avenue 5, No 01-01, K and S Corporate Headquarters, Singapore, SGP, 554369
Kulicke & Soffa Industries Inc is a United States-based company that is principally engaged in designing, manufacturing, and selling capital equipment and expendable tools that are used for assembling semiconductor devices. The company operates through two core segments: Capital equipment, which produces and sells a series of ball bonders, wafer-level bonders, wedge bonders, APS which produces and offers various expendable tools designed for multiple semiconductor packaging applications. The Capital equipment segment contributes the majority of total revenue. The company generates the majority of its total revenue from the overseas market, mainly in the Asia-Pacific region.
Executives
Robert Nestor Chylak officer: Vice President 1005 VIRGINIA DRIVE, FORT WASHINGTON PA 19034
Jon A Olson director 2100 LOGIC DRIVE, SAN JOSE CA 95124
David Jeffrey Richardson director LSI LOGIC CORP, 1621 BARBER LANE, MILPITAS CA 95035
Stephen Ray Drake officer: Vice President 23A SERANGOON NORTH AVENUE 5 #01-01, SINGAPORE U0 554369
Zamir Shai Soloveizik officer: Vice President 23A SERANGOON NORTH AVENUE 5, #01-01, SINGAPORE U0 554369
Thiam Hong Lim officer: Vice President 23A SERANGOON NORTH AVENUE 5, #01-01, SINGAPORE U0 554369
Hoang Hoang officer: Senior Vice President 23A SERANGOON NORTH AVE 5 #01-01, SINGAPORE U0 554369
Chan Pin Chong officer: Senior Vice President 23A SERANGOON NORTH AVENUE 5, #01-01, SINGAPORE U0 554369
Fusen Ernie Chen director 1005 VIRGINIA DRIVE, FORT WASHINGTON PA 19034
Sooli Joyce Lam officer: Principal Accounting Officer 23A SERANGOON NORTH AVENUE 5 #01-01, SINGAPORE U0 554369
Irene Lee officer: Senior Vice President 23A SERANGOON AVENUE 5 #01-01, SINGAPORE U0 554369
Kong Peter T M director KULICKE AND SOFFA INDUSTRIES INC., 1005 VIRGINIA DRIVE, FT. WASHINGTON PA 19034
Alan Bruce Schindler officer: Senior Vice President 1005 VIRGINIA DRIVE, FORT WASHINGTON PA 19034
Nelson Munpun Wong officer: Vice President 23A, SERANGOON NORTH AVE 5, #01-01, SINGAPORE U0 554369
Lester A Wong officer: Senior Vice President 23A, SERANGOON NORTH AVE 5, #01-01, SINGAPORE U0 554369

Kulicke & Soffa Industries (NAS:KLIC) Headlines

Other Sources

Kulicke & Soffa Raises Quarterly Dividend

By Yahoo Finance 2022-11-16