What is Yogi Infra Projects Earnings Yield (Joel Greenblatt) %?
Yogi Infra Projects's Enterprise Value for the quarter that ended in Dec. 2023 was ₹72.44 Mil.
Yogi Infra Projects's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-15.61 Mil. Yogi Infra Projects's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was -21.55%.
The historical rank and industry rank for Yogi Infra Projects's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
BOM:522209'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -25.75 Med: -3.59 Max: 18.29
Current: -4.17
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Yogi Infra Projects was 18.29%. The lowest was -25.75%. And the median was -3.59%.
BOM:522209's Earnings Yield (Joel Greenblatt) % is ranked worse than 85.77% of 1701
companies
in the Construction industry
Industry Median: 6.45
vs BOM:522209: -4.17
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) %. Yogi Infra Projects'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.
Yogi Infra Projects Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Yogi Infra Projects'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.
Yogi Infra Projects Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of Yogi Infra Projects's Earnings Yield (Joel Greenblatt) %
For the Infrastructure Operations subindustry, Yogi Infra Projects'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.
Yogi Infra Projects's Earnings Yield (Joel Greenblatt) % Distribution in the Construction Industry
For the Construction industry and Industrials sector, Yogi Infra Projects's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Yogi Infra Projects's Earnings Yield (Joel Greenblatt) % falls into.
Yogi Infra Projects 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.
Yogi Infra Projectss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2023 is calculated as
Yogi Infra Projects'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 ₹-15.61 Mil.
Yogi Infra Projects (BOM:522209) 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.
Yogi Infra Projects Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Yogi Infra Projects's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Yogi Infra Projects (BOM:522209) Business Description
Yogi Infra Projects Ltd engages in infrastructure construction activities in India. The company develops commercial projects and technology parks, commercial spaces, and urban development and housing projects. It also engages in the construction of expressways, highways, bridges, water dams, power projects, airports, and other infrastructure projects. In addition, Yogi Infra offers a range of consultancy services, such as architectural design, structural design and civil engineering, holistic project management, construction management, electrical and power engineering, LAN networking, water supply.
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