What is Samchem Holdings Bhd Earnings Yield (Joel Greenblatt) %?
Samchem Holdings Bhd's Enterprise Value for the quarter that ended in Dec. 2023 was RM450 Mil.
Samchem Holdings Bhd's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was RM55 Mil. Samchem Holdings Bhd's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 12.30%.
The historical rank and industry rank for Samchem Holdings Bhd's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
XKLS:5147'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.83 Med: 10.94 Max: 21.41
Current: 13.3
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Samchem Holdings Bhd was 21.41%. The lowest was 5.83%. And the median was 10.94%.
XKLS:5147's Earnings Yield (Joel Greenblatt) % is ranked better than 87.21% of 1572
companies
in the Chemicals industry
Industry Median: 3.885
vs XKLS:5147: 13.30
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) %. Samchem Holdings Bhd's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 was 21.82%. 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.
Samchem Holdings Bhd Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Samchem Holdings 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.
Samchem Holdings Bhd Earnings Yield (Joel Greenblatt) % Chart
For the Chemicals subindustry, Samchem Holdings 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.
Samchem Holdings Bhd's Earnings Yield (Joel Greenblatt) % Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Samchem Holdings Bhd's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Samchem Holdings Bhd's Earnings Yield (Joel Greenblatt) % falls into.
Samchem Holdings 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.
Samchem Holdings Bhds Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as
Samchem Holdings 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 RM55 Mil.
Samchem Holdings Bhd (XKLS:5147) 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.
Samchem Holdings Bhd Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Samchem Holdings Bhd's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Samchem Holdings Bhd (XKLS:5147) Business Description
Samchem Holdings Bhd is a Malaysia-based chemical distributor firm. The company and its subsidiaries operate in two segments namely, Chemical distribution & blending, which comprises of distribution of polyurethane (PU), intermediate, specialty chemicals, and blending of customized solvents; and Audio-video & ICT distribution segment, which deals in Retail sale of audio-video and trading and distribution of information and communication technology (ITC) system. Majority of its revenue is earned from the chemical distribution and blending segment. Its geographical segments include Malaysia, Indonesia, Vietnam, and Singapore.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
XKLS:5147 has been successfully added to your 