What is CHTC Fong's International Co Earnings Yield (Joel Greenblatt) %?
CHTC Fong's International Co's Enterprise Value for the quarter that ended in Dec. 2023 was HK$1,337 Mil.
CHTC Fong's International Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-180 Mil. CHTC Fong's International Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was -13.46%.
The historical rank and industry rank for CHTC Fong's International Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
HKSE:00641'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -13.99 Med: 8.55 Max: 23.73
Current: -11.89
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of CHTC Fong's International Co was 23.73%. The lowest was -13.99%. And the median was 8.55%.
HKSE:00641's Earnings Yield (Joel Greenblatt) % is ranked worse than 91.83% of 3046
companies
in the Industrial Products industry
Industry Median: 4.21
vs HKSE:00641: -11.89
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) %. CHTC Fong's International Co'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.
CHTC Fong's International Co Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for CHTC Fong's International Co'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.
CHTC Fong's International Co Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of CHTC Fong's International Co's Earnings Yield (Joel Greenblatt) %
For the Specialty Industrial Machinery subindustry, CHTC Fong's International Co'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.
CHTC Fong's International Co's Earnings Yield (Joel Greenblatt) % Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, CHTC Fong's International Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where CHTC Fong's International Co's Earnings Yield (Joel Greenblatt) % falls into.
CHTC Fong's International Co 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.
CHTC Fong's International Cos 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.
CHTC Fong's International Co (HKSE:00641) 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.
CHTC Fong's International Co Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of CHTC Fong's International Co's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
CHTC Fong's International Co (HKSE:00641) Business Description
CHTC Fong's International Co Ltd is engaged in manufacturing machines, equipment, and other related parts. The group through its subsidiaries operates in three reportable segments which include manufacturing and sale of dyeing and finishing machines, trading of stainless steel supplies and Manufacture and sale of stainless steel casting products. Its business activity functions through various geographical regions which include China, Hong Kong, the Asia-Pacific, Europe, North America, South America, and others. While the majority of the company revenues for Fong's Industries are derived through the dyeing and finishing machines segment.
CHTC Fong's International Co (HKSE:00641) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:00641 has been successfully added to your 