What is Huisen Shares Group Earnings Yield (Joel Greenblatt) %?
Huisen Shares Group's Enterprise Value for the quarter that ended in Dec. 2023 was HK$848 Mil.
Huisen Shares Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$298 Mil. Huisen Shares Group's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 35.09%.
The historical rank and industry rank for Huisen Shares Group's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
HKSE:02127'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -782.65 Med: -27.21 Max: 168.39
Current: 30.4
During the past 7 years, the highest Earnings Yield (Joel Greenblatt) of Huisen Shares Group was 168.39%. The lowest was -782.65%. And the median was -27.21%.
HKSE:02127's Earnings Yield (Joel Greenblatt) % is ranked better than 94.21% of 432
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 5.595
vs HKSE:02127: 30.40
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) %. Huisen Shares Group's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 was 0.03%. 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.
Huisen Shares Group Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Huisen Shares 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.
* Premium members only.
Huisen Shares Group Earnings Yield (Joel Greenblatt) % Chart
For the Furnishings, Fixtures & Appliances subindustry, Huisen Shares 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.
Huisen Shares Group's Earnings Yield (Joel Greenblatt) % Distribution in the Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Huisen Shares Group's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Huisen Shares Group's Earnings Yield (Joel Greenblatt) % falls into.
Huisen Shares 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.
Huisen Shares Groups Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as
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.
Huisen Shares Group (HKSE:02127) 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.
Huisen Shares Group Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Huisen Shares Group's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Huisen Shares Group (HKSE:02127) Business Description
Huisen Household International Group Ltd is principally engaged in the manufacturing and selling of panel-type furniture, upholstered furniture, sport-type furniture, customized furniture, and furniture ornaments. The company offers comprehensive manufacturing solutions to its customers, with the capabilities to design, develop and manufacture functional and economical panel furniture, upholstered furniture, and other furniture such as outdoor furniture and sports and recreational equipment. The company is also engaged in the manufacture and sale of hardware furniture and furniture ornaments. The company generates the majority of its revenue from panel-type furniture.
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