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All Inspire Development PCL (BKK:ALL) Earnings Yield (Joel Greenblatt) % : -60.61% (As of Sep. 2023)


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What is All Inspire Development PCL Earnings Yield (Joel Greenblatt) %?

All Inspire Development PCL's Enterprise Value for the quarter that ended in Sep. 2023 was ฿3,972.0 Mil. All Inspire Development PCL's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was ฿-2,405.7 Mil. All Inspire Development PCL's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2023 was -60.61%.

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

BKK:ALL' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -61.15   Med: 2.76   Max: 31.65
Current: -60.98

During the past 9 years, the highest Earnings Yield (Joel Greenblatt) of All Inspire Development PCL was 31.65%. The lowest was -61.15%. And the median was 2.76%.

BKK:ALL's Earnings Yield (Joel Greenblatt) % is not ranked
in the Real Estate industry.
Industry Median: 4.235 vs BKK:ALL: -60.98

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) %. All Inspire Development PCL's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 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.


All Inspire Development PCL Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for All Inspire Development PCL'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.

All Inspire Development PCL Earnings Yield (Joel Greenblatt) % Chart

All Inspire Development PCL Annual Data
Trend Mar14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only - 13.00 8.47 -1.35 -19.42

All Inspire Development PCL Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -4.80 -19.42 -27.70 -58.14 -60.61

Competitive Comparison of All Inspire Development PCL's Earnings Yield (Joel Greenblatt) %

For the Real Estate - Development subindustry, All Inspire Development PCL'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.


All Inspire Development PCL's Earnings Yield (Joel Greenblatt) % Distribution in the Real Estate Industry

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

* The bar in red indicates where All Inspire Development PCL's Earnings Yield (Joel Greenblatt) % falls into.



All Inspire Development PCL 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.

All Inspire Development PCLs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2022 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-979.917/5045.2802
=-19.42 %

All Inspire Development PCL's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿-2,405.7 Mil.



All Inspire Development PCL  (BKK:ALL) 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.


All Inspire Development PCL Earnings Yield (Joel Greenblatt) % Related Terms

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All Inspire Development PCL (BKK:ALL) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Sukhumvit Road, 4345 Bhiraj Tower at BITEC, 18th Floor, Bangna District, Bangna Sub-District, Bangkok, THA, 10260
All Inspire Development PCL is engaged in the residential property development business. The company engages in the business of real estate development for high-rise buildings which comprises condominiums, and low-rise buildings. Its segments include Real estate development; Property management and real estate brokerage; and Shopping malls for leasing and renting. It earns a majority of revenues from the Real estate development segment. Its project portfolio involves Excel Groove, Excel Khukhot, Rise Rama 9, and Excel Udomsuk among others.

All Inspire Development PCL (BKK:ALL) Headlines