GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Lincotrade & Associates Holdings Ltd (SGX:BFT) » Definitions » Earnings Yield (Joel Greenblatt) %

Lincotrade & Associates Holdings (SGX:BFT) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Dec. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Lincotrade & Associates Holdings Earnings Yield (Joel Greenblatt) %?

Lincotrade & Associates Holdings's Enterprise Value for the quarter that ended in Dec. 2023 was S$30.26 Mil. Lincotrade & Associates Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was S$3.31 Mil. Lincotrade & Associates Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 0.00%.

The historical rank and industry rank for Lincotrade & Associates Holdings's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

SGX:BFT' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -49524.14   Med: -63.07   Max: 8894.87
Current: 11.99

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Lincotrade & Associates Holdings was 8894.87%. The lowest was -49524.14%. And the median was -63.07%.

SGX:BFT's Earnings Yield (Joel Greenblatt) % is ranked better than
73.21% of 1702 companies
in the Construction industry
Industry Median: 6.39 vs SGX:BFT: 11.99

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) %. Lincotrade & Associates Holdings's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 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.


Lincotrade & Associates Holdings Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Lincotrade & Associates Holdings'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.

Lincotrade & Associates Holdings Earnings Yield (Joel Greenblatt) % Chart

Lincotrade & Associates Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Jun21 Jun22 Jun23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,250.00 -30.96 -28.90 -322.58 -31.25

Lincotrade & Associates Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -12.25 -322.58 - -31.25 -

Competitive Comparison of Lincotrade & Associates Holdings's Earnings Yield (Joel Greenblatt) %

For the Engineering & Construction subindustry, Lincotrade & Associates Holdings'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.


Lincotrade & Associates Holdings's Earnings Yield (Joel Greenblatt) % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Lincotrade & Associates Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Lincotrade & Associates Holdings's Earnings Yield (Joel Greenblatt) % falls into.



Lincotrade & Associates Holdings 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.

Lincotrade & Associates Holdingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-7.873/25.216544
=-31.22 %

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.



Lincotrade & Associates Holdings  (SGX:BFT) 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.


Lincotrade & Associates Holdings Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Lincotrade & Associates Holdings's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Lincotrade & Associates Holdings (SGX:BFT) Business Description

Traded in Other Exchanges
N/A
Address
39 Sungei Kadut Loop, Singapore, SGP, 729494
Lincotrade & Associates Holdings Ltd specializes in interior fitting out services, additions and alterations ("A&A") works, and other building construction services. Its segments include commercial premises, such as offices, hotels, shopping malls, and food and beverage establishments; residential premises such as condominium developments; and show flats and sales galleries. The company generates the majority of its revenue from commercial premises. Geographically the company operates in Singapore.

Lincotrade & Associates Holdings (SGX:BFT) Headlines

From GuruFocus