What is Just Dial Earnings Yield (Joel Greenblatt) %?
Just Dial's Enterprise Value for the quarter that ended in Mar. 2024 was ₹22,643 Mil.
Just Dial's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ₹4,759 Mil. Just Dial's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2024 was 21.01%.
The historical rank and industry rank for Just Dial's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
BOM:535648'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.32 Med: 3.96 Max: 22.51
Current: 11.88
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Just Dial was 22.51%. The lowest was 0.32%. And the median was 3.96%.
BOM:535648's Earnings Yield (Joel Greenblatt) % is ranked better than 82.99% of 576
companies
in the Interactive Media industry
Industry Median: 0
vs BOM:535648: 11.88
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) %. Just Dial's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2024 was -4.07%. 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.
Just Dial Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Just Dial'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.
Just Dial Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of Just Dial's Earnings Yield (Joel Greenblatt) %
For the Internet Content & Information subindustry, Just Dial'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.
Just Dial's Earnings Yield (Joel Greenblatt) % Distribution in the Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Just Dial's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Just Dial's Earnings Yield (Joel Greenblatt) % falls into.
Just Dial 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.
Just Dials Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2024 is calculated as
Just Dial'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 ₹4,759 Mil.
Just Dial (BOM:535648) 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.
Just Dial Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Just Dial's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Just Dial Ltd provides local search related services to users in India through multiple platforms such as Desktop/ PC website, mobile site, mobile apps, over the telephone and text. The company's mobile app is an All-in-One App, replete with features like Map-aided Search, Live TV, Videos, News and Real Time Chat Messenger, Augmented Reality, Online Movie finder, Cricket, Music and Radio to make the life of the consumer infinitely smoother and more engaging. It has also launched an end-to-end business management solution for SMEs, to transition thousands of SMEs to efficiently run business online and have adequate online presence via their own website, and mobile site.
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