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Pt Vktr Teknologi Mobilitas Tbk (ISX:VKTR) Earnings Yield (Joel Greenblatt) % : 0.70% (As of Mar. 2024)


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What is Pt Vktr Teknologi Mobilitas Tbk Earnings Yield (Joel Greenblatt) %?

Pt Vktr Teknologi Mobilitas Tbk's Enterprise Value for the quarter that ended in Mar. 2024 was Rp5,625,918 Mil. Pt Vktr Teknologi Mobilitas Tbk's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was Rp39,241 Mil. Pt Vktr Teknologi Mobilitas Tbk's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2024 was 0.70%.

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

ISX:VKTR' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.26   Med: 0.96   Max: 1.97
Current: 0.9

During the past 5 years, the highest Earnings Yield (Joel Greenblatt) of Pt Vktr Teknologi Mobilitas Tbk was 1.97%. The lowest was 0.26%. And the median was 0.96%.

ISX:VKTR's Earnings Yield (Joel Greenblatt) % is ranked worse than
76.85% of 1309 companies
in the Vehicles & Parts industry
Industry Median: 5.75 vs ISX:VKTR: 0.90

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 Vktr Teknologi Mobilitas 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 Vktr Teknologi Mobilitas Tbk Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Pt Vktr Teknologi Mobilitas 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 Vktr Teknologi Mobilitas Tbk Earnings Yield (Joel Greenblatt) % Chart

Pt Vktr Teknologi Mobilitas Tbk Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
- - - - 1.14

Pt Vktr Teknologi Mobilitas Tbk Quarterly Data
Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only - 2.03 0.84 1.14 0.70

Competitive Comparison of Pt Vktr Teknologi Mobilitas Tbk's Earnings Yield (Joel Greenblatt) %

For the Recreational Vehicles subindustry, Pt Vktr Teknologi Mobilitas 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 Vktr Teknologi Mobilitas Tbk's Earnings Yield (Joel Greenblatt) % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Pt Vktr Teknologi Mobilitas Tbk's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Pt Vktr Teknologi Mobilitas Tbk's Earnings Yield (Joel Greenblatt) % falls into.



Pt Vktr Teknologi Mobilitas 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 Vktr Teknologi Mobilitas Tbks Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=53938/4714091
=1.14 %

Pt Vktr Teknologi Mobilitas 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 Rp39,241 Mil.



Pt Vktr Teknologi Mobilitas Tbk  (ISX:VKTR) 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 Vktr Teknologi Mobilitas Tbk Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Pt Vktr Teknologi Mobilitas Tbk's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Pt Vktr Teknologi Mobilitas Tbk (ISX:VKTR) Business Description

Traded in Other Exchanges
N/A
Address
Jl.H.R Rasuna Said, Bakrie Tower 35 floor, Rasuna Epicentrum, Jakarta, IDN, 12940
Pt Vktr Teknologi Mobilitas Tbk is engaged in wholesale trading of new cars and new motorcycles in the form of Battery-Based Electric Motorized Vehicles (KBLBB), spare parts components, car accessories, and the car body industry for four-wheeled or more motorized vehicles, battery-based electric motorized vehicles, two- and three-wheeled motorcycles and the iron and steel foundry industry, industry of spare parts and accessories for four-wheeled or more motorized vehicles through Subsidiaries.

Pt Vktr Teknologi Mobilitas Tbk (ISX:VKTR) Headlines

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