What is PT Tunas Baru Lampung Tbk Earnings Yield (Joel Greenblatt) %?
PT Tunas Baru Lampung Tbk's Enterprise Value for the quarter that ended in Mar. 2024 was Rp16,020,813 Mil.
PT Tunas Baru Lampung Tbk's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was Rp2,016,054 Mil. PT Tunas Baru Lampung Tbk's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2024 was 12.58%.
The historical rank and industry rank for PT Tunas Baru Lampung Tbk's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
ISX:TBLA'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.8 Med: 12.29 Max: 15.91
Current: 12.6
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of PT Tunas Baru Lampung Tbk was 15.91%. The lowest was 5.80%. And the median was 12.29%.
ISX:TBLA's Earnings Yield (Joel Greenblatt) % is ranked better than 82.95% of 1953
companies
in the Consumer Packaged Goods industry
Industry Median: 5.06
vs ISX:TBLA: 12.60
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) %. PT Tunas Baru Lampung Tbk's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2024 was -11.92%. 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.
PT Tunas Baru Lampung Tbk Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for PT Tunas Baru Lampung Tbk'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.
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PT Tunas Baru Lampung Tbk Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of PT Tunas Baru Lampung Tbk's Earnings Yield (Joel Greenblatt) %
For the Packaged Foods subindustry, PT Tunas Baru Lampung Tbk'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.
PT Tunas Baru Lampung Tbk's Earnings Yield (Joel Greenblatt) % Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Tunas Baru Lampung Tbk's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where PT Tunas Baru Lampung Tbk's Earnings Yield (Joel Greenblatt) % falls into.
PT Tunas Baru Lampung Tbk 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.
PT Tunas Baru Lampung Tbks Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as
PT Tunas Baru Lampung Tbk's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was Rp2,016,054 Mil.
PT Tunas Baru Lampung Tbk (ISX:TBLA) 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.
PT Tunas Baru Lampung Tbk Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of PT Tunas Baru Lampung Tbk's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
PT Tunas Baru Lampung Tbk (ISX:TBLA) Business Description
PT Tunas Baru Lampung Tbk is an Indonesian company engaged in the business of manufacturing of palm cooking oil, sugar, crude palm oil, soap, and biodiesel, and in the palm, and sugar cane plantations. The company also produces crude coconut oil, stearine, crude palm oil, pal kernel oil, other consumer products such as cream soap and laundry soap. It operates through two business segments namely Plantations and Manufacturing. The company's product brands include Gunung Agung, Bumi Waras, Rossy, Tawon, Burung Merak, Kompas, Segar, and Rose Brand. It generates maximum revenue from the Manufacturing segment.
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