KUW:UPAC'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2.26 Med: 9.69 Max: 30.54
Current: 1.08
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of United Projects Co for Aviation Services KSCC was 30.54%. The lowest was -2.26%. And the median was 9.69%.
KUW:UPAC's Earnings Yield (Joel Greenblatt) % is ranked worse than 81.64% of 1002
companies
in the Transportation industry
Industry Median: 6.76
vs KUW:UPAC: 1.08
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) %. United Projects Co for Aviation Services KSCC's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2024 was -31.63%. 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.
United Projects Co for Aviation Services KSCC 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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United Projects Co for Aviation Services KSCC Earnings Yield (Joel Greenblatt) % Chart
United Projects Co for Aviation Services KSCC Annual Data
Competitive Comparison of United Projects Co for Aviation Services KSCC's Earnings Yield (Joel Greenblatt) %
For the Airports & Air Services subindustry, United Projects Co for Aviation Services KSCC'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.
United Projects Co for Aviation Services KSCC's Earnings Yield (Joel Greenblatt) % Distribution in the Transportation Industry
* The bar in red indicates where United Projects Co for Aviation Services KSCC's Earnings Yield (Joel Greenblatt) % falls into.
United Projects Co for Aviation Services KSCC 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.
United Projects Co for Aviation Services KSCC'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 KWD1.74 Mil.
United Projects Co for Aviation Services KSCC (KUW:UPAC) 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.
United Projects Co for Aviation Services KSCC Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of United Projects Co for Aviation Services KSCC's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
United Projects Co for Aviation Services KSCC (KUW:UPAC) Business Description
United Projects Co for Aviation Services KSCC is a Kuwait-based company. Its services include project management and consultancy, real estate development, and property and facilities management. The company's services are used by retailers, food and beverage companies, airline companies, and financial institutions. The company operates in two business segments. Investments consist of investing in Reem Mall and surplus funds in investment portfolios. Service operations consist of managing projects and providing airplane ground and cleaning services among other services. The service operations segment generates maximum revenue for the company. Their projects portfolio includes Airport Mall and Facilities, Sheikh Saad Terminal, Discovery Center, and Reem Mall.
United Projects Co for Aviation Services KSCC (KUW:UPAC) Headlines
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