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Geo Energy Resources (SGX:RE4) Earnings Yield (Joel Greenblatt) % : 16.92% (As of Dec. 2023)


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What is Geo Energy Resources Earnings Yield (Joel Greenblatt) %?

Geo Energy Resources's Enterprise Value for the quarter that ended in Dec. 2023 was S$746.0 Mil. Geo Energy Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was S$127.3 Mil. Geo Energy Resources's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 16.92%.

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

SGX:RE4' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -7.99   Med: 20.4   Max: 319.73
Current: 22.04

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Geo Energy Resources was 319.73%. The lowest was -7.99%. And the median was 20.40%.

SGX:RE4's Earnings Yield (Joel Greenblatt) % is ranked better than
80.65% of 186 companies
in the Other Energy Sources industry
Industry Median: 5.26 vs SGX:RE4: 22.04

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) %. Geo Energy Resources'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.


Geo Energy Resources Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Geo Energy Resources'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.

Geo Energy Resources Earnings Yield (Joel Greenblatt) % Chart

Geo Energy Resources 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 -6.24 61.73 147.06 222.22 16.92

Geo Energy Resources 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 222.22 62.11 142.86 29.41 16.92

Competitive Comparison of Geo Energy Resources's Earnings Yield (Joel Greenblatt) %

For the Thermal Coal subindustry, Geo Energy Resources'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.


Geo Energy Resources's Earnings Yield (Joel Greenblatt) % Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Geo Energy Resources's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Geo Energy Resources's Earnings Yield (Joel Greenblatt) % falls into.



Geo Energy Resources 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.

Geo Energy Resourcess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=126.235/746.016
=16.92 %

Geo Energy Resources'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 S$127.3 Mil.



Geo Energy Resources  (SGX:RE4) 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.


Geo Energy Resources Earnings Yield (Joel Greenblatt) % Related Terms

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Geo Energy Resources (SGX:RE4) Business Description

Traded in Other Exchanges
Address
7 Temasek Boulevard, Suite 39-02, Suntec Tower One, Singapore, SGP, 038987
Geo Energy Resources Ltd is an investment holding company, which operates as a coal producer and mines contractor. The operating segments of the company are Coal Mining, Coal Trading, and Mining Services. The Coal Mining segment, which accounts for the majority of the revenue, sells coal produced from operating owned coal mines. The Coal Trading segment purchases and sells coal from third parties. The Mining Services segment engages in mining, contracting, and equipment rental services. Its geographical segments are Indonesia, the People's Republic of China (PRC), Thailand, India, the Philippines, Vietnam, Korea, and Pakistan.

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