What is Sheen Tai Holdings Group Co Earnings Yield (Joel Greenblatt) %?
Sheen Tai Holdings Group Co's Enterprise Value for the quarter that ended in Dec. 2023 was HK$-29.7 Mil.
Sheen Tai Holdings Group Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-8.5 Mil. Sheen Tai Holdings Group Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 0.00%.
The historical rank and industry rank for Sheen Tai Holdings Group Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
HKSE:01335'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -382.29 Med: 6.15 Max: 313.09
Current: 15.06
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Sheen Tai Holdings Group Co was 313.09%. The lowest was -382.29%. And the median was 6.15%.
HKSE:01335's Earnings Yield (Joel Greenblatt) % is not ranked
in the Utilities - Independent Power Producers industry.
Industry Median: 4.62
vs HKSE:01335: 15.06
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) %. Sheen Tai Holdings Group 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.
Sheen Tai Holdings Group Co Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Sheen Tai Holdings Group 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.
Sheen Tai Holdings Group Co Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of Sheen Tai Holdings Group Co's Earnings Yield (Joel Greenblatt) %
For the Utilities - Renewable subindustry, Sheen Tai Holdings Group 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.
Sheen Tai Holdings Group Co's Earnings Yield (Joel Greenblatt) % Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Sheen Tai Holdings Group Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Sheen Tai Holdings Group Co's Earnings Yield (Joel Greenblatt) % falls into.
Sheen Tai Holdings Group 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.
Sheen Tai Holdings Group 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.
Sheen Tai Holdings Group Co (HKSE:01335) 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.
Sheen Tai Holdings Group Co Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Sheen Tai Holdings Group Co's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Sheen Tai Holdings Group Co (HKSE:01335) Business Description
Sheen Tai Holdings Group Co Ltd is an investment holding company. The company operates through four segments namely Sales of sub-processing cigarette films segment engages in trading of sub-processing cigarette films; the Properties development and related services segment engages in the development and sales of properties and providing property management services; the Generation of photovoltaic power segment engages in generating and sales of electricity; and Sales of semi-conductors engages in trading of semi-conductors. It derives a majority of its revenue from the sales of the semi-conductors segment.
Sheen Tai Holdings Group Co (HKSE:01335) Headlines
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