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Synergy House Bhd (XKLS:0279) Earnings Yield (Joel Greenblatt) % : 12.45% (As of Mar. 2024)


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What is Synergy House Bhd Earnings Yield (Joel Greenblatt) %?

Synergy House Bhd's Enterprise Value for the quarter that ended in Mar. 2024 was RM402.0 Mil. Synergy House Bhd's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was RM50.1 Mil. Synergy House Bhd's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2024 was 12.45%.

The historical rank and industry rank for Synergy House Bhd's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

XKLS:0279' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.37   Med: 7.62   Max: 14.64
Current: 6.7

During the past 5 years, the highest Earnings Yield (Joel Greenblatt) of Synergy House Bhd was 14.64%. The lowest was 2.37%. And the median was 7.62%.

XKLS:0279's Earnings Yield (Joel Greenblatt) % is ranked better than
54.88% of 430 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 5.775 vs XKLS:0279: 6.70

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) %. Synergy House Bhd's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2024 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.


Synergy House Bhd Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Synergy House 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.

Synergy House Bhd Earnings Yield (Joel Greenblatt) % Chart

Synergy House Bhd Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
- - - - 10.86

Synergy House Bhd Quarterly Data
Dec19 Dec20 Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only - 6.27 12.20 10.86 12.45

Competitive Comparison of Synergy House Bhd's Earnings Yield (Joel Greenblatt) %

For the Furnishings, Fixtures & Appliances subindustry, Synergy House 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.


Synergy House Bhd's Earnings Yield (Joel Greenblatt) % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Synergy House Bhd's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Synergy House Bhd's Earnings Yield (Joel Greenblatt) % falls into.



Synergy House 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.

Synergy House Bhds Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=41.491/382.172
=10.86 %

Synergy House Bhd'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 RM50.1 Mil.



Synergy House Bhd  (XKLS:0279) 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.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


Synergy House Bhd Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Synergy House Bhd's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Synergy House Bhd (XKLS:0279) Business Description

Traded in Other Exchanges
N/A
Address
No. 16, Persiaran Setia Dagang, Lot 18.A & 18.B & Lot 19.A, Level 18 & 19, Top Glove Tower, Seksyen U13, Bandar Setia Alam, Shah Alam, SGR, MYS, 40170
Synergy House Bhd is an investment holding company and through its Subsidiaries, It is principally involved in the design, development and sale of RTA home furniture. RTA a home furniture is a form of furniture where furniture parts are in flat-packed form for ease of storage and transportation. RTA home furniture requires customers to assemble themselves upon purchase. It sells its RTA home furniture to online retailers, chain-store retailers, and wholesalers via a B2B sales model, as well as directly to end-consumers through Its in-house online store and third-party e-commerce platforms via a B2C sales model.

Synergy House Bhd (XKLS:0279) Headlines

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