GURUFOCUS.COM » STOCK LIST » Technology » Software » Pertama Digital Bhd (XKLS:8532) » Definitions » Earnings Yield (Joel Greenblatt) %

Pertama Digital Bhd (XKLS:8532) Earnings Yield (Joel Greenblatt) % : -1.02% (As of Mar. 2024)


View and export this data going back to 1992. Start your Free Trial

What is Pertama Digital Bhd Earnings Yield (Joel Greenblatt) %?

Pertama Digital Bhd's Enterprise Value for the quarter that ended in Mar. 2024 was RM931.08 Mil. Pertama Digital Bhd's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was RM-9.53 Mil. Pertama Digital Bhd's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2024 was -1.02%.

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

XKLS:8532' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -845.08   Med: -0.19   Max: 430.95
Current: -1.11

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Pertama Digital Bhd was 430.95%. The lowest was -845.08%. And the median was -0.19%.

XKLS:8532's Earnings Yield (Joel Greenblatt) % is ranked worse than
62.54% of 2862 companies
in the Software industry
Industry Median: 1.27 vs XKLS:8532: -1.11

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) %. Pertama Digital Bhd'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.


Pertama Digital Bhd Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Pertama Digital 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.

Pertama Digital Bhd Earnings Yield (Joel Greenblatt) % Chart

Pertama Digital Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Jun18 Jun19 Jun20 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -1.32 -0.37 -1.51 -1.03

Pertama Digital Bhd Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Mar21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -1.65 -1.29 -0.84 -1.03 -1.02

Competitive Comparison of Pertama Digital Bhd's Earnings Yield (Joel Greenblatt) %

For the Software - Application subindustry, Pertama Digital 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.


Pertama Digital Bhd's Earnings Yield (Joel Greenblatt) % Distribution in the Software Industry

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

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



Pertama Digital 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.

Pertama Digital Bhds Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-10.096/981.07971
=-1.03 %

Pertama Digital Bhd'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 RM-9.53 Mil.



Pertama Digital Bhd  (XKLS:8532) 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.


Pertama Digital Bhd Earnings Yield (Joel Greenblatt) % Related Terms

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


Pertama Digital Bhd (XKLS:8532) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No 1, Jalan Pengaturcara U1/51A, Suite 37, Unit 2-1, Level 2, The Podium, UOA Business Park, Seksyen U1, Shah Alam, SGR, MYS, 40150
Pertama Digital Bhd is an investment holding company in Malaysia. It operates in four reportable segments: Production and Sale of Fabric products; Project management services and infrastructure construction; Mobile and digital solutions and Investment. The company generates all of its revenue from Malaysia.

Pertama Digital Bhd (XKLS:8532) Headlines

No Headlines