What is Ever Glory United Holdings Earnings Yield (Joel Greenblatt) %?
Ever Glory United Holdings's Enterprise Value for the quarter that ended in Dec. 2023 was S$57.32 Mil.
Ever Glory United Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was S$8.63 Mil. Ever Glory United Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 15.06%.
The historical rank and industry rank for Ever Glory United Holdings's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
SGX:ZKX'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.24 Med: 5.2 Max: 16.05
Current: 11.9
During the past 4 years, the highest Earnings Yield (Joel Greenblatt) of Ever Glory United Holdings was 16.05%. The lowest was 3.24%. And the median was 5.20%.
SGX:ZKX's Earnings Yield (Joel Greenblatt) % is ranked better than 73.03% of 1702
companies
in the Construction industry
Industry Median: 6.39
vs SGX:ZKX: 11.90
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) %. Ever Glory United 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.
Ever Glory United Holdings Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Ever Glory United 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.
Ever Glory United Holdings Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of Ever Glory United Holdings's Earnings Yield (Joel Greenblatt) %
For the Engineering & Construction subindustry, Ever Glory United 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.
Ever Glory United Holdings's Earnings Yield (Joel Greenblatt) % Distribution in the Construction Industry
For the Construction industry and Industrials sector, Ever Glory United Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Ever Glory United Holdings's Earnings Yield (Joel Greenblatt) % falls into.
Ever Glory United 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.
Ever Glory United Holdingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as
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.
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.
Ever Glory United Holdings Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Ever Glory United Holdings's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Ever Glory United Holdings (SGX:ZKX) Business Description
3 Little Road, No. 03-01 CRF Building, Singapore, SGP, 536982
Website
Ever Glory United Holdings Ltd is a Singapore-based M&E engineering service provider specializing in providing a wide range of M&E engineering services. Its services involve projects in both public and private sectors, such as the development or redevelopment of HDB residential flats, private residential properties, private schools, mixed-use properties, commercial buildings, or industrial buildings. It provides M&E engineering services as either an NSC or a DSC. The company specializes in the following areas of M&E engineering services: ACMV systems; electrical engineering systems; FP systems; PSG systems; and IBS.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SGX:ZKX has been successfully added to your