What is Octo Fundo De Investimento Imobiliario Earnings Yield (Joel Greenblatt) %?
Octo Fundo De Investimento Imobiliario's Enterprise Value for the quarter that ended in Dec. 2023 was R$0.00 Mil.
Octo Fundo De Investimento Imobiliario does not have enough years/quarters to calculate its EBIT for the trailing twelve months (TTM) ended in Dec. 2023. Therefore, GuruFocus does not calculate Octo Fundo De Investimento Imobiliario's Earnings Yield (Joel Greenblatt) at this moment.
The historical rank and industry rank for Octo Fundo De Investimento Imobiliario's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
During the past 2 years, the highest Earnings Yield (Joel Greenblatt) of Octo Fundo De Investimento Imobiliario was 14.03%. The lowest was 0.00%. And the median was 0.00%.
BSP:OCRE11's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Asset Management industry.
Industry Median: 0 * Ranked among companies with meaningful Earnings Yield (Joel Greenblatt) % only.
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) %. Octo Fundo De Investimento Imobiliario'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.
Octo Fundo De Investimento Imobiliario Earnings Yield (Joel Greenblatt) % Historical Data
* 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.
Octo Fundo De Investimento Imobiliario Earnings Yield (Joel Greenblatt) % Chart
Octo Fundo De Investimento Imobiliario Annual Data
Trend
Dec22
Dec23
Earnings Yield (Joel Greenblatt) %
-
-
Octo Fundo De Investimento Imobiliario Semi-Annual Data
Dec22
Dec23
Earnings Yield (Joel Greenblatt) %
-
-
Competitive Comparison of Octo Fundo De Investimento Imobiliario's Earnings Yield (Joel Greenblatt) %
For the Asset Management subindustry, Octo 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.
Octo Fundo De Investimento Imobiliario's Earnings Yield (Joel Greenblatt) % Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Octo Fundo De Investimento Imobiliario's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Octo Fundo De Investimento Imobiliario's Earnings Yield (Joel Greenblatt) % falls into.
Octo 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.
Octo Fundo De Investimento Imobiliario (BSP:OCRE11) 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.
Octo Fundo De Investimento Imobiliario Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Octo Fundo De Investimento Imobiliario's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Octo Fundo De Investimento Imobiliario (BSP:OCRE11) Business Description
Octo Fundo De Investimento Imobiliario is intended for investors in general, including, but not limited to, natural or legal persons, investment funds, entities authorized to operate by the Central Bank of Brazil, insurance companies, private pension and capitalization entities, as well as non-public investors. The purpose of the Fund is to provide shareholders with income and capital gain, through the investment of their assets in the following target assets: shares of other real estate investment funds, certificates of real estate receivables, mortgage bills, real estate credit notes, guaranteed real estate bills, certificates of additional construction potential, issued based on Instruction, etc.
Octo Fundo De Investimento Imobiliario (BSP:OCRE11) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BSP:OCRE11 has been successfully added to your