What is XOX Technology Bhd Earnings Yield (Joel Greenblatt) %?
XOX Technology Bhd's Enterprise Value for the quarter that ended in Dec. 2023 was RM56.1 Mil.
XOX Technology Bhd's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was RM20.7 Mil. XOX Technology Bhd's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 37.04%.
The historical rank and industry rank for XOX Technology Bhd's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
XKLS:0017'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -48.52 Med: -1.64 Max: 11943.18
Current: 73.53
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of XOX Technology Bhd was 11943.18%. The lowest was -48.52%. And the median was -1.64%.
XKLS:0017's Earnings Yield (Joel Greenblatt) % is ranked better than 96.98% of 397
companies
in the Telecommunication Services industry
Industry Median: 5.21
vs XKLS:0017: 73.53
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) %. XOX Technology Bhd'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.
XOX Technology Bhd Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for XOX Technology Bhd'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.
XOX Technology Bhd Earnings Yield (Joel Greenblatt) % Chart
For the Telecom Services subindustry, XOX Technology Bhd'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.
XOX Technology Bhd's Earnings Yield (Joel Greenblatt) % Distribution in the Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, XOX Technology Bhd's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where XOX Technology Bhd's Earnings Yield (Joel Greenblatt) % falls into.
XOX Technology Bhd 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.
XOX Technology Bhds Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2023 is calculated as
XOX Technology Bhd'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 RM20.7 Mil.
XOX Technology Bhd (XKLS:0017) 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.
XOX Technology Bhd Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of XOX Technology Bhd's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
XOX Technology Bhd (XKLS:0017) Business Description
XOX Technology Bhd, formerly M3 Technologies (Asia) Bhd is engaged in the provision of mobile value-added services. Business activity of the firm is operated through the region of Malaysia, Pakistan, United Arab Emirates - Dubai, and Other Countries of which Pakistan region accounts for a larger share of the revenue. The business activities function through Mobile Solutions; Cloud Services Solutions and Trading and Distribution business. It offers a range of mobile solutions and platforms, such as multimedia products, wireless access protocol (WAP) and Java 2 Micro Edition (J2ME) applications catering to all channels of its business, such as Business to Consumer, Business to Business and Business to Owner.
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