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Aesthetic Medical International Holdings Group (Aesthetic Medical International Holdings Group) Earnings Yield (Joel Greenblatt) % : -17.15% (As of Jun. 2023)


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What is Aesthetic Medical International Holdings Group Earnings Yield (Joel Greenblatt) %?

Aesthetic Medical International Holdings Group's Enterprise Value for the quarter that ended in Jun. 2023 was $80.23 Mil. Aesthetic Medical International Holdings Group's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was $-13.76 Mil. Aesthetic Medical International Holdings Group's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2023 was -17.15%.

The historical rank and industry rank for Aesthetic Medical International Holdings Group's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

AIH' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -105.65   Med: -17.8   Max: 13.67
Current: -30.49

During the past 8 years, the highest Earnings Yield (Joel Greenblatt) of Aesthetic Medical International Holdings Group was 13.67%. The lowest was -105.65%. And the median was -17.80%.

AIH's Earnings Yield (Joel Greenblatt) % is ranked worse than
85.61% of 681 companies
in the Healthcare Providers & Services industry
Industry Median: 2.54 vs AIH: -30.49

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) %. Aesthetic Medical International Holdings Group's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 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.


Aesthetic Medical International Holdings Group Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Aesthetic Medical International Holdings Group'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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Aesthetic Medical International Holdings Group Earnings Yield (Joel Greenblatt) % Chart

Aesthetic Medical International Holdings Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial 13.64 -18.21 -76.34 -11.15 -10.09

Aesthetic Medical International Holdings Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -90.91 -11.15 -12.64 -17.15 -

Competitive Comparison of Aesthetic Medical International Holdings Group's Earnings Yield (Joel Greenblatt) %

For the Medical Care Facilities subindustry, Aesthetic Medical International Holdings Group'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.


Aesthetic Medical International Holdings Group's Earnings Yield (Joel Greenblatt) % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Aesthetic Medical International Holdings Group's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Aesthetic Medical International Holdings Group's Earnings Yield (Joel Greenblatt) % falls into.



Aesthetic Medical International Holdings Group 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.

Aesthetic Medical International Holdings Groups Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-5.684/56.3376048
=-10.09 %

Aesthetic Medical International Holdings Group's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-13.76 Mil.



Aesthetic Medical International Holdings Group  (NAS:AIH) 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.


Aesthetic Medical International Holdings Group Earnings Yield (Joel Greenblatt) % Related Terms

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Aesthetic Medical International Holdings Group (Aesthetic Medical International Holdings Group) Business Description

Traded in Other Exchanges
Address
1122 Nanshan Boulevard, Nanshan District, Guangdong Province, Shenzhen, CHN, 518052
Aesthetic Medical International Holdings Group Ltd provides aesthetic medical services in China. The company generates revenue from four service offerings: non-surgical aesthetic medical services, surgical aesthetic medical services, other aesthetic medical services, and general healthcare services in the People's Republic of China. The company derives a majority of its revenue from Non-surgical aesthetic medical services. Geographically, it derives revenue from China.

Aesthetic Medical International Holdings Group (Aesthetic Medical International Holdings Group) Headlines

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