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KE Holdings Earnings Yield (Joel Greenblatt) %

: -1.31% (As of Mar. 2022)
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KE Holdings's Enterprise Value for the quarter that ended in Mar. 2022 was $9,213 Mil. KE Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2022 was $-120 Mil. KE Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2022 was -1.31%.

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

BEKE' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1.9   Med: 1.02   Max: 5.98
Current: -0.78

During the past 5 years, the highest Earnings Yield (Joel Greenblatt) of KE Holdings was 5.98%. The lowest was -1.90%. And the median was 1.02%.

BEKE's Earnings Yield (Joel Greenblatt) % is ranked worse than
80.65% of 1804 companies
in the Real Estate industry
Industry Median: 6.39 vs BEKE: -0.78

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) %. KE Holdings's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2022 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.


KE Holdings Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for KE Holdings'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.

KE Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21
Earnings Yield (Joel Greenblatt) %
- - - 1.07 1.04

KE Holdings Quarterly Data
Dec17 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 1.73 1.54 3.08 1.04 -1.31

Competitive Comparison

For the Real Estate Services subindustry, KE Holdings'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.

   

KE Holdings Earnings Yield (Joel Greenblatt) % Distribution

For the Real Estate industry and Real Estate sector, KE Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



KE Holdings 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.

KE Holdingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2021 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=180.9589750836/17332.815289831
=1.04 %

KE Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-120 Mil.



KE Holdings  (NYSE:BEKE) 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.


KE Holdings Earnings Yield (Joel Greenblatt) % Related Terms

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KE Holdings Business Description

KE Holdings logo
Industry
Traded in Other Exchanges
Address
No. 2 Chuangye Road, Oriental Electronic Technology Building, Haidian District, Beijing, CHN, 100086
KE Holdings Inc is engaged in operating an integrated online and offline platform for housing transactions and services in the People's Republic of China. The company through its Beike platform reinvents how service providers and housing customers efficiently navigate and consummate housing transactions, ranging from existing and new home sales, home rentals, to home renovation, real estate financial solutions, and other services. It operates in three operating segments Existing home transaction services; New home transaction services; and Emerging and other services. The company generates maximum revenue from New home transaction services segment.

KE Holdings Headlines

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