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Khon Kaen Sugar Industry PCL (BKK:KSL-R) Earnings Yield (Joel Greenblatt) % : 5.58% (As of Jan. 2024)


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What is Khon Kaen Sugar Industry PCL Earnings Yield (Joel Greenblatt) %?

Khon Kaen Sugar Industry PCL's Enterprise Value for the quarter that ended in Jan. 2024 was ฿30,649 Mil. Khon Kaen Sugar Industry PCL's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was ฿1,573 Mil. Khon Kaen Sugar Industry PCL's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jan. 2024 was 5.58%.

The historical rank and industry rank for Khon Kaen Sugar Industry PCL's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

BKK:KSL-R' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.04   Med: 5.32   Max: 8.06
Current: 5.79

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Khon Kaen Sugar Industry PCL was 8.06%. The lowest was 1.04%. And the median was 5.32%.

BKK:KSL-R's Earnings Yield (Joel Greenblatt) % is ranked better than
55.86% of 1946 companies
in the Consumer Packaged Goods industry
Industry Median: 4.92 vs BKK:KSL-R: 5.79

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) %. Khon Kaen Sugar Industry PCL's Forward Rate of Return (Yacktman) % for the quarter that ended in Jan. 2024 was 14.28%. 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.


Khon Kaen Sugar Industry PCL Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Khon Kaen Sugar Industry PCL'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.

Khon Kaen Sugar Industry PCL Earnings Yield (Joel Greenblatt) % Chart

Khon Kaen Sugar Industry PCL Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.88 1.14 3.15 6.44 5.66

Khon Kaen Sugar Industry PCL Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 7.49 7.22 5.13 5.66 5.58

Competitive Comparison of Khon Kaen Sugar Industry PCL's Earnings Yield (Joel Greenblatt) %

For the Confectioners subindustry, Khon Kaen Sugar Industry PCL'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.


Khon Kaen Sugar Industry PCL's Earnings Yield (Joel Greenblatt) % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Khon Kaen Sugar Industry PCL's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Khon Kaen Sugar Industry PCL's Earnings Yield (Joel Greenblatt) % falls into.



Khon Kaen Sugar Industry PCL 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.

Khon Kaen Sugar Industry PCLs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Oct. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=1544.974/28181.2710561
=5.48 %

Khon Kaen Sugar Industry PCL's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿1,573 Mil.



Khon Kaen Sugar Industry PCL  (BKK:KSL-R) 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.


Khon Kaen Sugar Industry PCL Earnings Yield (Joel Greenblatt) % Related Terms

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Khon Kaen Sugar Industry PCL (BKK:KSL-R) Business Description

Traded in Other Exchanges
Address
Sriayudahya Road, No. 503 K.S.L. Tower, 9th Floor, Thanon Phaya Thai Sub-District, Ratchathewi District, Bangkok, THA, 10400
Khon Kaen Sugar Industry PCL manufactures and distributes sugar and molasses in Thailand. It also sells the byproducts of its sugar production, including ethanol that it sells to oil companies and electricity that it sells to the Electricity Generating Authority of Thailand, which has a monopoly in Thailand's electrical energy market and is the country's power producer. The company has three operating segments - Manufacture and Distribution of Sugar and Molasses, Manufacture and Sale of Electricity, and Real Estate Rental. The company generates the majority of its revenue from the Manufacture and Distribution of Sugar and Molasses. In addition to Thailand, the company sells its products in Laos and Cambodia.

Khon Kaen Sugar Industry PCL (BKK:KSL-R) Headlines

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