HKSE:01782'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1.93 Med: 4.64 Max: 18.32
Current: -1.28
During the past 10 years, the highest Earnings Yield (Joel Greenblatt) of International Business Digital Technology was 18.32%. The lowest was -1.93%. And the median was 4.64%.
HKSE:01782's Earnings Yield (Joel Greenblatt) % is ranked worse than 62.93% of 2865
companies
in the Software industry
Industry Median: 1.16
vs HKSE:01782: -1.28
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) %. International Business Digital Technology's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 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.
International Business Digital Technology Earnings Yield (Joel Greenblatt) % Historical Data
* 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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International Business Digital Technology Earnings Yield (Joel Greenblatt) % Chart
International Business Digital Technology Annual Data
Competitive Comparison of International Business Digital Technology's Earnings Yield (Joel Greenblatt) %
For the Software - Application subindustry, International Business Digital Technology'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.
International Business Digital Technology's Earnings Yield (Joel Greenblatt) % Distribution in the Software Industry
For the Software industry and Technology sector, International Business Digital Technology's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where International Business Digital Technology's Earnings Yield (Joel Greenblatt) % falls into.
International Business Digital Technology 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.
For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.
International Business Digital Technology (HKSE:01782) 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.
International Business Digital Technology Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of International Business Digital Technology's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
International Business Digital Technology (HKSE:01782) Business Description
International Business Digital Technology Ltd, formerly Vixtel Technologies Holdings Ltd is an investment holding company. The Group is principally engaged in the following businesses such as integrated APM (application performance management) system solutions, software development services, technical services, and sales of embedded hardware & standard APM software. Its products include APM vista SaaS Platform, NetVista Platform, IPTV/OTT Video Quality System, Loglyst Analysis Platform, cloud NPM Platform, and Trade QoS Monitoring. The company's geographical segments are Hong Kong, Taiwan and Mainland China.
International Business Digital Technology (HKSE:01782) Headlines
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