What is Yarnapund PCL Earnings Yield (Joel Greenblatt) %?
Yarnapund PCL's Enterprise Value for the quarter that ended in Mar. 2019 was ฿0 Mil.
Yarnapund PCL's EBIT for the trailing twelve months (TTM) ended in Mar. 2019 was ฿-7 Mil. Yarnapund PCL's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2019 was -0.11%.
The historical rank and industry rank for Yarnapund PCL's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
BKK:YNP-R'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -71.6 Med: -33.5 Max: -0.1
Current: -0.12
During the past 12 years, the highest Earnings Yield (Joel Greenblatt) of Yarnapund PCL was -0.10%. The lowest was -71.60%. And the median was -33.50%.
BKK:YNP-R's Earnings Yield (Joel Greenblatt) % is not ranked
in the Vehicles & Parts industry.
Industry Median: 6.035
vs BKK:YNP-R: -0.12
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) %. Yarnapund PCL's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2019 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.
Yarnapund PCL Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Yarnapund 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.
Competitive Comparison of Yarnapund PCL's Earnings Yield (Joel Greenblatt) %
For the Auto Parts subindustry, Yarnapund 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.
Yarnapund PCL's Earnings Yield (Joel Greenblatt) % Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Yarnapund PCL's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Yarnapund 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.
Yarnapund PCLs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2018 is calculated as
Yarnapund PCL's EBIT for the trailing twelve months (TTM) ended in Mar. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿-7 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.
Yarnapund PCL Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Yarnapund PCL's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Yarnapund PCL operates in the automotive sector. It is mainly engaged in the production and distribution of exhaust systems and press parts, as well as the design and manufacture of tooling. The product portfolio of the group consists of exhaust systems; accelerators, brakes, and clutch pedal sets; and press parts, including engine parts, body parts, chassis parts, and electrical parts. It also offers tooling products, such as dies, jigs, checking fixtures, and equipment; and distributes auto parts for vehicles. Geographically all the operations are functioned through the regions of Thailand.
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