What is Somboon Advance Technology PCL Earnings Yield (Joel Greenblatt) %?
Somboon Advance Technology PCL's Enterprise Value for the quarter that ended in Mar. 2024 was ฿3,536 Mil.
Somboon Advance Technology PCL's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ฿1,036 Mil. Somboon Advance Technology PCL's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2024 was 29.33%.
The historical rank and industry rank for Somboon Advance Technology PCL's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
BKK:SAT'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.92 Med: 12.76 Max: 79.74
Current: 35.22
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Somboon Advance Technology PCL was 79.74%. The lowest was 6.92%. And the median was 12.76%.
BKK:SAT's Earnings Yield (Joel Greenblatt) % is ranked better than 95.11% of 1309
companies
in the Vehicles & Parts industry
Industry Median: 6.02
vs BKK:SAT: 35.22
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) %. Somboon Advance Technology PCL's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2024 was 13.16%. 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.
* 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.
For the Auto Parts subindustry, Somboon Advance Technology 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.
Somboon Advance Technology PCL's Earnings Yield (Joel Greenblatt) % Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Somboon Advance Technology PCL's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Somboon Advance Technology PCL's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Somboon Advance Technology PCLs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as
Somboon Advance Technology PCL'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 ฿1,036 Mil.
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.
Thank you for viewing the detailed overview of Somboon Advance Technology PCL's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Somboon Advance Technology PCL (BKK:SAT) Business Description
Somboon Advance Technology PCL is a Thailand based company engaged in the manufacture and distribution of motor vehicle parts. The principal businesses of the company are the manufacture of pick-up axles and truck trunnion shafts. It manufactures parts for passenger cars, pickup trucks, trucks and agricultural machinery. Its products include axle shafts, disc brakes, drum brakes, exhaust manifolds, leaf springs, stabilizer bars, hot coil springs, and other related products. The group has two reportable segments namely, Pick-up axles and truck trunnion shafts, and Other auto parts. The majority of the revenue is generated from the Other auto parts segment.
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