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Hsi Renda Imobiliaria - Fundo DE Investimento Imobiliario (BSP:HSRE11) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Jun. 2022)


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What is Hsi Renda Imobiliaria - Fundo DE Investimento Imobiliario Earnings Yield (Joel Greenblatt) %?

Hsi Renda Imobiliaria - Fundo DE Investimento Imobiliario's Enterprise Value for the quarter that ended in Jun. 2022 was R$0.00 Mil. Hsi Renda Imobiliaria - Fundo DE Investimento Imobiliario's EBIT for the trailing twelve months (TTM) ended in Jun. 2022 was R$0.00 Mil. Hsi Renda Imobiliaria - Fundo DE Investimento Imobiliario's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2022 was 0.00%.

The historical rank and industry rank for Hsi Renda Imobiliaria - Fundo DE Investimento Imobiliario's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

BSP:HSRE11' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.07
Current: 0.07

During the past 8 years, the highest Earnings Yield (Joel Greenblatt) of Hsi Renda Imobiliaria - Fundo DE Investimento Imobiliario was 0.07%. The lowest was 0.00%. And the median was 0.00%.

BSP:HSRE11's Earnings Yield (Joel Greenblatt) % is ranked worse than
63.34% of 903 companies
in the REITs industry
Industry Median: 2.78 vs BSP:HSRE11: 0.07

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) %. Hsi Renda Imobiliaria - Fundo DE Investimento Imobiliario's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2022 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.


Hsi Renda Imobiliaria - Fundo DE Investimento Imobiliario Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Hsi Renda Imobiliaria - Fundo DE Investimento Imobiliario'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.

Hsi Renda Imobiliaria - Fundo DE Investimento Imobiliario Earnings Yield (Joel Greenblatt) % Chart

Hsi Renda Imobiliaria - Fundo DE Investimento Imobiliario Annual Data
Trend Dec15 Dec16 Dec17 Jun19 Jun20 Jun21 Jun22 Jun23
Earnings Yield (Joel Greenblatt) %
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Hsi Renda Imobiliaria - Fundo DE Investimento Imobiliario Quarterly Data
Dec15 Dec16 Dec17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of Hsi Renda Imobiliaria - Fundo DE Investimento Imobiliario's Earnings Yield (Joel Greenblatt) %

For the REIT - Diversified subindustry, Hsi Renda Imobiliaria - Fundo DE Investimento Imobiliario'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.


Hsi Renda Imobiliaria - Fundo DE Investimento Imobiliario's Earnings Yield (Joel Greenblatt) % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Hsi Renda Imobiliaria - Fundo DE Investimento Imobiliario's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Hsi Renda Imobiliaria - Fundo DE Investimento Imobiliario's Earnings Yield (Joel Greenblatt) % falls into.



Hsi Renda Imobiliaria - Fundo DE Investimento Imobiliario 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.

Hsi Renda Imobiliaria - Fundo DE Investimento Imobiliarios Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=63.233/0
= %

Hsi Renda Imobiliaria - Fundo DE Investimento Imobiliario's EBIT for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was R$0.00 Mil.



Hsi Renda Imobiliaria - Fundo DE Investimento Imobiliario  (BSP:HSRE11) 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.


Hsi Renda Imobiliaria - Fundo DE Investimento Imobiliario Earnings Yield (Joel Greenblatt) % Related Terms

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Hsi Renda Imobiliaria - Fundo DE Investimento Imobiliario (BSP:HSRE11) Business Description

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Hsi Renda Imobiliaria - Fundo DE Investimento Imobiliario aims to obtain income and capital gains through investment in real estate or real rights over real estate.

Hsi Renda Imobiliaria - Fundo DE Investimento Imobiliario (BSP:HSRE11) Headlines

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