What is Beijing UBOX Online Technology Earnings Yield (Joel Greenblatt) %?
Beijing UBOX Online Technology's Enterprise Value for the quarter that ended in Dec. 2023 was HK$11,820 Mil.
Beijing UBOX Online Technology's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-334 Mil. Beijing UBOX Online Technology's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was -2.83%.
The historical rank and industry rank for Beijing UBOX Online Technology's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
HKSE:02429'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2.96 Med: -2.45 Max: -2.1
Current: -2.82
During the past 5 years, the highest Earnings Yield (Joel Greenblatt) of Beijing UBOX Online Technology was -2.10%. The lowest was -2.96%. And the median was -2.45%.
HKSE:02429's Earnings Yield (Joel Greenblatt) % is ranked worse than 84.17% of 3039
companies
in the Industrial Products industry
Industry Median: 4.14
vs HKSE:02429: -2.82
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) %. Beijing UBOX Online Technology'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.
* 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 Business Equipment & Supplies subindustry, Beijing UBOX Online Technology'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.
Beijing UBOX Online Technology's Earnings Yield (Joel Greenblatt) % Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Beijing UBOX Online Technology's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Beijing UBOX Online Technology'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.
Beijing UBOX Online Technologys 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 Beijing UBOX Online Technology's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Beijing UBOX Online Technology (HKSE:02429) Business Description
Beijing UBOX Online Technology Corp is a vending machine operator in mainland China. It has rapidly established an extensive point-of-sale, or POS, network covering a wide range of consumption scenarios, including schools, factories, office premises, public venues, transportation hubs and restaurants. Through its expansive POS network, it is able to provide services to a variety of participants along the unmanned retail industry value chain. The company operates in five business segments; Unmanned retail business, Advertising and system support services, Merchandise wholesale, Vending machine sales and leases, and Others.
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