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Bukit Jalil Global Acquisition 1 (Bukit Jalil Global Acquisition 1) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Dec. 2023)


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What is Bukit Jalil Global Acquisition 1 Earnings Yield (Joel Greenblatt) %?

Bukit Jalil Global Acquisition 1's Enterprise Value for the quarter that ended in Dec. 2023 was $80.35 Mil. Bukit Jalil Global Acquisition 1's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.47 Mil. Bukit Jalil Global Acquisition 1's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 0.00%.

The historical rank and industry rank for Bukit Jalil Global Acquisition 1's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

BUJA' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -0.57   Med: 0   Max: 0
Current: -0.56

BUJA's Earnings Yield (Joel Greenblatt) % is ranked better than
62.97% of 659 companies
in the Diversified Financial Services industry
Industry Median: -1.69 vs BUJA: -0.56

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) %. Bukit Jalil Global Acquisition 1'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.


Bukit Jalil Global Acquisition 1 Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Bukit Jalil Global Acquisition 1'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.

Bukit Jalil Global Acquisition 1 Earnings Yield (Joel Greenblatt) % Chart

Bukit Jalil Global Acquisition 1 Annual Data
Trend Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
- -0.58

Bukit Jalil Global Acquisition 1 Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23
Earnings Yield (Joel Greenblatt) % - - - - -

Competitive Comparison of Bukit Jalil Global Acquisition 1's Earnings Yield (Joel Greenblatt) %

For the Shell Companies subindustry, Bukit Jalil Global Acquisition 1'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.


Bukit Jalil Global Acquisition 1's Earnings Yield (Joel Greenblatt) % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Bukit Jalil Global Acquisition 1's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Bukit Jalil Global Acquisition 1's Earnings Yield (Joel Greenblatt) % falls into.



Bukit Jalil Global Acquisition 1 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.

Bukit Jalil Global Acquisition 1s Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-0.467/80.3502059
=-0.58 %

Bukit Jalil Global Acquisition 1'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 $-0.47 Mil.



Bukit Jalil Global Acquisition 1  (NAS:BUJA) 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.


Bukit Jalil Global Acquisition 1 Earnings Yield (Joel Greenblatt) % Related Terms

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Bukit Jalil Global Acquisition 1 (Bukit Jalil Global Acquisition 1) Business Description

Traded in Other Exchanges
N/A
Address
Jalan 3/93, 2 ½ Miles, 31-1 Taman Miharja Phase 3B, Cheras, Kuala Lumpur, SGR, MYS, 55200
Website
Bukit Jalil Global Acquisition 1 Ltd is a blank check company.
Executives
Chyi Chyi Ooi 10 percent owner 88-9-6 KAYANGAN PURI MUTIARA, TANJUNG BUNGAH, PULAU PINANG N8 11200
Bee Lian Ooi director 2-14-1, JLN CEYLON, MENARA BUKIT CEYLON, KUALA LUMPUR N8 50200
Phui Lam Lee director 51, JALAN SELESARIA 4, TAMAN GEMBIRA, KUALA LUMPUR N8 58200
Hamzah Syakir Suwardi Bin director B-46-11, RESIDENSI M VERTICA NO.555, JALAN CHERAS, KUALA LUMPUR, WILAYAH PERSEKUT N8 56000
Seck Chyn Foo director, officer: CEO and CFO 20, JALAN TIARA 7, MUTIARA BUKIT JALIL, KUALA LUMPUR N8 58200
Bukit Jalil Global Investment Ltd. director 31-1 TAMAN MIHARJA PHASE 3B, JALAN 3/93, 2 1/2 MILES, CHERAS, KUALA LUMPUR N8 55200