What is Looks Health Services Earnings Yield (Joel Greenblatt) %?
Looks Health Services's Enterprise Value for the quarter that ended in Dec. 2023 was ₹84.00 Mil.
Looks Health Services's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-1.53 Mil. Looks Health Services's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was -1.82%.
The historical rank and industry rank for Looks Health Services's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
BOM:534422'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -12.56 Med: 0.2 Max: 8.93
Current: -2.57
During the past 12 years, the highest Earnings Yield (Joel Greenblatt) of Looks Health Services was 8.93%. The lowest was -12.56%. And the median was 0.20%.
BOM:534422's Earnings Yield (Joel Greenblatt) % is ranked worse than 67.54% of 684
companies
in the Healthcare Providers & Services industry
Industry Median: 2.55
vs BOM:534422: -2.57
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) %. Looks Health Services'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.
Looks Health Services Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Looks Health Services'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.
Looks Health Services Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of Looks Health Services's Earnings Yield (Joel Greenblatt) %
For the Medical Care Facilities subindustry, Looks Health Services'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.
Looks Health Services's Earnings Yield (Joel Greenblatt) % Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Looks Health Services's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Looks Health Services's Earnings Yield (Joel Greenblatt) % falls into.
Looks Health Services 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.
Looks Health Servicess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2023 is calculated as
Looks Health Services'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 ₹-1.53 Mil.
Looks Health Services (BOM:534422) 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.
Looks Health Services Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Looks Health Services's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Looks Health Services (BOM:534422) Business Description
Looks Health Services Ltd is an India-based company that operates under the segment named Cosmetic & Non-Cosmetic Treatments. The company is engaged in providing dental, cosmetic, and non-cosmetic treatment services, and the sale of supporting medicines. It provides treatment services which include hair transplant services, cosmetic surgeries like face surgery, breast surgery and body surgery, skin treatment services, cosmetic dentistry services, and weight reduction services. The company generates revenue from the sale of medicines and services, and interest income. The majority of the revenue is generated from the sale of services.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BOM:534422 has been successfully added to your 