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Americana Restaurants International (ADX:AMR) Earnings Yield (Joel Greenblatt) % : 4.19% (As of Dec. 2023)


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What is Americana Restaurants International Earnings Yield (Joel Greenblatt) %?

Americana Restaurants International's Enterprise Value for the quarter that ended in Dec. 2023 was د.إ26,880 Mil. Americana Restaurants International's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was د.إ1,125 Mil. Americana Restaurants International's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 4.19%.

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

ADX:AMR' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.87   Med: 3.69   Max: 4.83
Current: 4.04

During the past 6 years, the highest Earnings Yield (Joel Greenblatt) of Americana Restaurants International was 4.83%. The lowest was 2.87%. And the median was 3.69%.

ADX:AMR's Earnings Yield (Joel Greenblatt) % is ranked better than
52.94% of 357 companies
in the Restaurants industry
Industry Median: 3.57 vs ADX:AMR: 4.04

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) %. Americana Restaurants International'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.


Americana Restaurants International Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Americana Restaurants International'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.

Americana Restaurants International Earnings Yield (Joel Greenblatt) % Chart

Americana Restaurants International Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial - - - 4.25 4.19

Americana Restaurants International Quarterly Data
Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 4.25 3.17 3.32 3.55 4.19

Competitive Comparison of Americana Restaurants International's Earnings Yield (Joel Greenblatt) %

For the Restaurants subindustry, Americana Restaurants International'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.


Americana Restaurants International's Earnings Yield (Joel Greenblatt) % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Americana Restaurants International's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Americana Restaurants International's Earnings Yield (Joel Greenblatt) % falls into.



Americana Restaurants International 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.

Americana Restaurants Internationals Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=1125.34/26880.2849
=4.19 %

Americana Restaurants International's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was د.إ1,125 Mil.



Americana Restaurants International  (ADX:AMR) 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.


Americana Restaurants International Earnings Yield (Joel Greenblatt) % Related Terms

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Americana Restaurants International (ADX:AMR) Business Description

Traded in Other Exchanges
Address
Al Rayyan Complex, Al Nahda, 17 Floor, Tower A, Sharjah, ARE
Americana Restaurants International PLC is a diversified, pan-regional restaurant platform operator. It operates iconic brands such as KFC, Pizza Hut, Hardee's, Krispy Kreme, and TGI Fridays, along with proprietary brands such as Wimpy and Chicken Tikka. The Group operates restaurants under a portfolio of different brands across key consumer verticals and occasions, including key Quick Service Restaurant (QSR) categories (chicken, burger, and pizza), fast casual, casual dining, indulgence, and coffee concepts. Its reportable business segments are; the Major Gulf Cooperation Council countries which include KSA, Kuwait, and UAE, Lower Gulf countries (comprising of Qatar, Oman, and Bahrain), North Africa (Egypt and Morocco), and Others (Kazakhstan, Iraq, Lebanon, and Jordan).