What is PT Mark Dynamics Indonesia Tbk Earnings Yield (Joel Greenblatt) %?
PT Mark Dynamics Indonesia Tbk's Enterprise Value for the quarter that ended in Mar. 2024 was Rp2,949,176 Mil.
PT Mark Dynamics Indonesia Tbk's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was Rp256,311 Mil. PT Mark Dynamics Indonesia Tbk's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2024 was 8.69%.
The historical rank and industry rank for PT Mark Dynamics Indonesia Tbk's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
ISX:MARK'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.51 Med: 7.14 Max: 36.75
Current: 7.06
During the past 10 years, the highest Earnings Yield (Joel Greenblatt) of PT Mark Dynamics Indonesia Tbk was 36.75%. The lowest was 3.51%. And the median was 7.14%.
ISX:MARK's Earnings Yield (Joel Greenblatt) % is ranked better than 84.61% of 851
companies
in the Medical Devices & Instruments industry
Industry Median: 0.04
vs ISX:MARK: 7.06
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 Mark Dynamics Indonesia Tbk's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2024 was 23.64%. 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 Mark Dynamics Indonesia Tbk 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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PT Mark Dynamics Indonesia Tbk Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of PT Mark Dynamics Indonesia Tbk's Earnings Yield (Joel Greenblatt) %
For the Medical Instruments & Supplies subindustry, PT Mark Dynamics Indonesia 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 Mark Dynamics Indonesia Tbk's Earnings Yield (Joel Greenblatt) % Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, PT Mark Dynamics Indonesia Tbk's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where PT Mark Dynamics Indonesia Tbk's Earnings Yield (Joel Greenblatt) % falls into.
PT Mark Dynamics Indonesia 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 Mark Dynamics Indonesia Tbks Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as
PT Mark Dynamics Indonesia 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 Rp256,311 Mil.
PT Mark Dynamics Indonesia Tbk (ISX:MARK) 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.
PT Mark Dynamics Indonesia Tbk Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of PT Mark Dynamics Indonesia Tbk's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
PT Mark Dynamics Indonesia Tbk (ISX:MARK) Business Description
Jalan Raya Medan Lubuk Pakam Km. 19,5, Jalan Pelita Barat No. 2, Deli Serdang, Kawas Insdustri Medan Star, Tanjung Morawa, North Sumatera, Medan, IDN, 20362
PT Mark Dynamics Indonesia Tbk is a manufacturer of hand former or glove molds in Indonesia. The company's products include examination formers, surgical formers, household formers, custom-made formers, and industrial formers for export purposes. The products of the company are mainly exported to nitrile and latex glove manufacturers in Malaysia, Thailand, China, and the United States. The company also distributes its products in Indonesia.
PT Mark Dynamics Indonesia Tbk (ISX:MARK) Headlines
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