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VisDynamics Holdings Bhd (XKLS:0120) Earnings Yield (Joel Greenblatt) % : 5.81% (As of Jan. 2024)


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What is VisDynamics Holdings Bhd Earnings Yield (Joel Greenblatt) %?

VisDynamics Holdings Bhd's Enterprise Value for the quarter that ended in Jan. 2024 was RM66.22 Mil. VisDynamics Holdings Bhd's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was RM3.85 Mil. VisDynamics Holdings Bhd's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jan. 2024 was 5.81%.

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

XKLS:0120' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -84.96   Med: 5.73   Max: 27.79
Current: 4.62

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of VisDynamics Holdings Bhd was 27.79%. The lowest was -84.96%. And the median was 5.73%.

XKLS:0120's Earnings Yield (Joel Greenblatt) % is ranked better than
69.74% of 998 companies
in the Semiconductors industry
Industry Median: 2.135 vs XKLS:0120: 4.62

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) %. VisDynamics Holdings Bhd's Forward Rate of Return (Yacktman) % for the quarter that ended in Jan. 2024 was 13.74%. 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.


VisDynamics Holdings Bhd Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for VisDynamics Holdings Bhd'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.

VisDynamics Holdings Bhd Earnings Yield (Joel Greenblatt) % Chart

VisDynamics Holdings Bhd Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.30 9.70 5.17 5.37 23.64

VisDynamics Holdings Bhd Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Jan24
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 23.64 9.78 9.37 10.30 5.81

Competitive Comparison of VisDynamics Holdings Bhd's Earnings Yield (Joel Greenblatt) %

For the Semiconductor Equipment & Materials subindustry, VisDynamics Holdings Bhd'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.


VisDynamics Holdings Bhd's Earnings Yield (Joel Greenblatt) % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, VisDynamics Holdings Bhd's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



VisDynamics Holdings Bhd 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.

VisDynamics Holdings Bhds Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Oct. 2022 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=16.417/69.419779252
=23.65 %

VisDynamics Holdings Bhd's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM3.85 Mil.



VisDynamics Holdings Bhd  (XKLS:0120) 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.


VisDynamics Holdings Bhd Earnings Yield (Joel Greenblatt) % Related Terms

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VisDynamics Holdings Bhd (XKLS:0120) Business Description

Traded in Other Exchanges
N/A
Address
Lot 3844, Jalan TU 52, Kawasan Perindustrian Tasik Utama, Ayer Keroh, MLA, MYS, 75450
VisDynamics Holdings Bhd is an investment holding company. It operates in two segments: The manufacturing segment includes Manufacturing of automated test equipment, and Others segment includes Investment holding and provision of management services. The company focuses on the design, research & development, and assembly of Back-end Semiconductor Equipment and high-speed transfer and inspection machine for Non-Semiconductor Devices. The company's geographical segments include Malaysia, South East Asia, North Asia, the United States, and Others, of which it generates the majority of its revenue from North Asia.

VisDynamics Holdings Bhd (XKLS:0120) Headlines

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