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PT HILLCON Tbk (ISX:HILL) Earnings Yield (Joel Greenblatt) % : 6.71% (As of Mar. 2024)


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What is PT HILLCON Tbk Earnings Yield (Joel Greenblatt) %?

PT HILLCON Tbk's Enterprise Value for the quarter that ended in Mar. 2024 was Rp8,574,269 Mil. PT HILLCON Tbk's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was Rp575,613 Mil. PT HILLCON Tbk's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2024 was 6.71%.

The historical rank and industry rank for PT HILLCON Tbk's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

ISX:HILL' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.74   Med: 7.33   Max: 11.23
Current: 6.1

During the past 5 years, the highest Earnings Yield (Joel Greenblatt) of PT HILLCON Tbk was 11.23%. The lowest was 4.74%. And the median was 7.33%.

ISX:HILL's Earnings Yield (Joel Greenblatt) % is ranked better than
89.34% of 2682 companies
in the Metals & Mining industry
Industry Median: -11.62 vs ISX:HILL: 6.10

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) %. PT HILLCON Tbk's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2024 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.


PT HILLCON Tbk Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for PT HILLCON Tbk'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.

PT HILLCON Tbk Earnings Yield (Joel Greenblatt) % Chart

PT HILLCON Tbk Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
- - - - 7.14

PT HILLCON Tbk Quarterly Data
Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 9.17 6.71 7.75 7.14 6.71

Competitive Comparison of PT HILLCON Tbk's Earnings Yield (Joel Greenblatt) %

For the Other Industrial Metals & Mining subindustry, PT HILLCON Tbk'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.


PT HILLCON Tbk's Earnings Yield (Joel Greenblatt) % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT HILLCON Tbk's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where PT HILLCON Tbk's Earnings Yield (Joel Greenblatt) % falls into.



PT HILLCON Tbk 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.

PT HILLCON Tbks Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=683885/9581574
=7.14 %

PT HILLCON Tbk'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 Rp575,613 Mil.



PT HILLCON Tbk  (ISX:HILL) 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.


PT HILLCON Tbk Earnings Yield (Joel Greenblatt) % Related Terms

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PT HILLCON Tbk (ISX:HILL) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Taman Modern, Blok R2 No.19 Cakung, PO Box: 1016, Jakarta, IDN, 13960
PT HILLCON Tbk is engaged in holding company activities and management consulting as well as mining services and construction services through its subsidiaries. The company has completed hundreds of projects, both large and small, with aspects of work safety, health safety, operating safety, and the environment. The Company has extensive experience as a coal and mineral mining contractor, civil contractor, earthworks, river basin construction, and dams. The company's operating segments are Mining Services, Construction Services, and others. The majority of revenue is derived from the Mining services segment.

PT HILLCON Tbk (ISX:HILL) Headlines

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