The historical rank and industry rank for National Shipping Company ofudi Arabia's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
SAU:4030'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.9 Med: 5.62 Max: 12.44
Current: 9.65
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of National Shipping Company ofudi Arabia was 12.44%. The lowest was 1.90%. And the median was 5.62%.
SAU:4030's Earnings Yield (Joel Greenblatt) % is ranked better than 63.9% of 1000
companies
in the Transportation industry
Industry Median: 6.92
vs SAU:4030: 9.65
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) %. National Shipping Company ofudi Arabia's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 was 18.26%. 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.
National Shipping Company ofudi Arabia Earnings Yield (Joel Greenblatt) % Historical Data
* 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.
National Shipping Company ofudi Arabia Earnings Yield (Joel Greenblatt) % Chart
National Shipping Company ofudi Arabia Annual Data
Competitive Comparison of National Shipping Company ofudi Arabia's Earnings Yield (Joel Greenblatt) %
For the Marine Shipping subindustry, National Shipping Company ofudi Arabia'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.
National Shipping Company ofudi Arabia's Earnings Yield (Joel Greenblatt) % Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, National Shipping Company ofudi Arabia's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where National Shipping Company ofudi Arabia's Earnings Yield (Joel Greenblatt) % falls into.
National Shipping Company ofudi Arabia 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.
National Shipping Company ofudi Arabia'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 ﷼2,501 Mil.
National Shipping Company ofudi Arabia (SAU:4030) 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.
National Shipping Company ofudi Arabia Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of National Shipping Company ofudi Arabia's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
National Shipping Company ofudi Arabia (SAU:4030) Business Description
National Shipping Company of Saudi Arabia operates, purchases, and sells vessels for the transportation of cargo and passengers and all marine transport activities. The company's segments are Crude oil transportation, chemicals transportation, logistics, and dry bulk transportation, Head office, and Others. It also owns land and properties inside or outside of the domestic area as well as shares in other existing companies or merges with them and participates with others in establishing companies with similar complementary activities. The company earns maximum revenue from the Oil Transportation segment.
National Shipping Company ofudi Arabia (SAU:4030) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SAU:4030 has been successfully added to your 