What is PT Sinar Eka Selaras Tbk Earnings Yield (Joel Greenblatt) %?
PT Sinar Eka Selaras Tbk's Enterprise Value for the quarter that ended in Dec. 2023 was Rp1,275,428 Mil.
PT Sinar Eka Selaras Tbk's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was Rp276,318 Mil. PT Sinar Eka Selaras Tbk's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 21.65%.
The historical rank and industry rank for PT Sinar Eka Selaras Tbk's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
ISX:ERAL'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 13.62 Med: 20.05 Max: 42.15
Current: 33.72
During the past 4 years, the highest Earnings Yield (Joel Greenblatt) of PT Sinar Eka Selaras Tbk was 42.15%. The lowest was 13.62%. And the median was 20.05%.
ISX:ERAL's Earnings Yield (Joel Greenblatt) % is ranked better than 96.77% of 1113
companies
in the Retail - Cyclical industry
Industry Median: 4.84
vs ISX:ERAL: 33.72
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) %. PT Sinar Eka Selaras Tbk'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.
The historical data trend for PT Sinar Eka Selaras Tbk'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.
For the Specialty Retail subindustry, PT Sinar Eka Selaras Tbk'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.
PT Sinar Eka Selaras Tbk's Earnings Yield (Joel Greenblatt) % Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, PT Sinar Eka Selaras Tbk's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where PT Sinar Eka Selaras Tbk's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
PT Sinar Eka Selaras Tbks Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as
For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.
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.
Thank you for viewing the detailed overview of PT Sinar Eka Selaras Tbk's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
PT Sinar Eka Selaras Tbk (ISX:ERAL) Business Description
PT Sinar Eka Selaras Tbk is a company engaged in the end-to-end retail products trading business that focuses on computers and electronic equipment as well as clothing for several brands in Indonesia. It focuses on sales of lifestyle-related products such as accessories, Internet of Things (IoT), sports fashion apparel, as well as other outdoor activity-related products with a variety of stores, from multi-brand concepts like Urban Republic & JD Sports stores to mono-brand concepts like Asics, DJI, Garmin, and other several brands. Its vision is to become an active lifestyle company and a mission to provide innovative solutions and outstanding services through a world-class active lifestyle product portfolio, supported by the Omni-Channel Network spread throughout the country.
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