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Tree House Education & Accessories (BOM:533540) Earnings Yield (Joel Greenblatt) % : 0.12% (As of Mar. 2024)


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What is Tree House Education & Accessories Earnings Yield (Joel Greenblatt) %?

Tree House Education & Accessories's Enterprise Value for the quarter that ended in Mar. 2024 was ₹920.14 Mil. Tree House Education & Accessories's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ₹1.10 Mil. Tree House Education & Accessories's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2024 was 0.12%.

The historical rank and industry rank for Tree House Education & Accessories's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

BOM:533540' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -326.21   Med: -48.23   Max: 29.53
Current: 0.12

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Tree House Education & Accessories was 29.53%. The lowest was -326.21%. And the median was -48.23%.

BOM:533540's Earnings Yield (Joel Greenblatt) % is ranked worse than
69.4% of 268 companies
in the Education industry
Industry Median: 5.415 vs BOM:533540: 0.12

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) %. Tree House Education & Accessories'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.


Tree House Education & Accessories Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Tree House Education & Accessories'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.

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Tree House Education & Accessories Earnings Yield (Joel Greenblatt) % Chart

Tree House Education & Accessories Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -57.47 -55.25 -37.59 -78.74 0.12

Tree House Education & Accessories Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 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 -78.74 -60.61 -9.34 -6.97 0.12

Competitive Comparison of Tree House Education & Accessories's Earnings Yield (Joel Greenblatt) %

For the Education & Training Services subindustry, Tree House Education & Accessories'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.


Tree House Education & Accessories's Earnings Yield (Joel Greenblatt) % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Tree House Education & Accessories's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Tree House Education & Accessories's Earnings Yield (Joel Greenblatt) % falls into.



Tree House Education & Accessories 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.

Tree House Education & Accessoriess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=1.1/920.1354
=0.12 %

Tree House Education & Accessories'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 ₹1.10 Mil.



Tree House Education & Accessories  (BOM:533540) 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.


Tree House Education & Accessories Earnings Yield (Joel Greenblatt) % Related Terms

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Tree House Education & Accessories (BOM:533540) Business Description

Traded in Other Exchanges
Address
Dadabhai Road, 101, Sapphire Plaza, Opposite CNMS School, Vile Parle (West), Mumbai, MH, IND, 400056
Tree House Education & Accessories Ltd provides providing education and related services including leasing of education infrastructure services in India. The group offers pre-primary education services and Education support services. It has a curriculum designed in-house using a combination of Playway and Montessori methods. Apart from reading, writing, and arithmetic it also teaches life skills and value education. In addition, the group provides various activities including playing with toys, listening to music, socio-dramatic plays, creative crafts and festival celebrations. It operates playgroup, nursery, junior kindergarten (KG), senior KG, summer camp, teachers training course, hobby class and daycare services.

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