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Income Opportunity Realty Investors (Income Opportunity Realty Investors) Earnings Yield (Joel Greenblatt) % : 12.85% (As of Mar. 2024)


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What is Income Opportunity Realty Investors Earnings Yield (Joel Greenblatt) %?

Income Opportunity Realty Investors's Enterprise Value for the quarter that ended in Mar. 2024 was $68.23 Mil. Income Opportunity Realty Investors's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $8.77 Mil. Income Opportunity Realty Investors's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2024 was 12.85%.

The historical rank and industry rank for Income Opportunity Realty Investors's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

IOR' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.04   Med: 8.23   Max: 31.42
Current: 13.4

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Income Opportunity Realty Investors was 31.42%. The lowest was 3.04%. And the median was 8.23%.

IOR's Earnings Yield (Joel Greenblatt) % is ranked better than
99.08% of 1192 companies
in the Banks industry
Industry Median: 0 vs IOR: 13.40

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) %. Income Opportunity Realty Investors's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2024 was 14.12%. 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.


Income Opportunity Realty Investors Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Income Opportunity Realty Investors'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.

Income Opportunity Realty Investors Earnings Yield (Joel Greenblatt) % Chart

Income Opportunity Realty Investors Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.07 8.01 6.78 9.94 15.65

Income Opportunity Realty Investors 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 11.63 14.08 15.92 15.65 12.85

Competitive Comparison of Income Opportunity Realty Investors's Earnings Yield (Joel Greenblatt) %

For the Mortgage Finance subindustry, Income Opportunity Realty Investors'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.


Income Opportunity Realty Investors's Earnings Yield (Joel Greenblatt) % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Income Opportunity Realty Investors's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Income Opportunity Realty Investors's Earnings Yield (Joel Greenblatt) % falls into.



Income Opportunity Realty Investors 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.

Income Opportunity Realty Investorss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=8.61/55.012514
=15.65 %

Income Opportunity Realty Investors'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 $8.77 Mil.



Income Opportunity Realty Investors  (AMEX:IOR) 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.


Income Opportunity Realty Investors Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Income Opportunity Realty Investors's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Income Opportunity Realty Investors (Income Opportunity Realty Investors) Business Description

Traded in Other Exchanges
N/A
Address
1603 LBJ Freeway, Suite 800, Dallas, TX, USA, 75234
Income Opportunity Realty Investors Inc is a U.S.-based company that is engaged in investing in real estate and financing real estate and real estate-related activities through investments in mortgage loans. The principal business activity of the company is investing in equity interests in real estate through direct equity investments and partnerships and financing real estate and real estate-related activities through investments in mortgage loans. The company's real estate is located in the southwest region of the continental United States.
Executives
Rl S Lemke director, officer: Vice President 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
Transcontinental Realty Investors Inc 10 percent owner 1603 LBJ FREEWAY, SUITE 800, DALLAS TX 75234
Gene S Bertcher officer: EVP & Chief Acctg. Officer 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
David R. Fletcher officer: EVP & CFO C/O SOC TELEMED, INC., 1768 BUSINESS CENTER DRIVE, SUITE 100, RESTON VA 20190
Daniel J Moos officer: President & COO 1603 LBJ FREEWAY, SUITE 800, DALLAS TX 75234
Martha C Stephens director 248 SIMMONS, DRIVE, COPPELL TX 75019
Reagan K Vidal officer: Ex VP Mg Dir Capital Markets 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
Alfred Crozier officer: EVP 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
Robert Neil Crouch director 1755 WITTINGTON PLACE, SUITE 340, DALLAS TX 75234
Canon James D Iii officer: Exec. V.P.-Multi-Family Const. 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
Income Opportunity Realty Investors Inc /tx/ officer: Exec.V.P.-Multi-Family Const 1603 LBJ FREEWAY, SUITE 800, DALLAS TX 75234
Steven A Abney director 225 NE MIZNER BLVD STE 200, BOCA RATON FL 33432
Jay C Lowenberg officer: Executive VP & CFO 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
Ronald E Kimbrough officer: Executive VP & CFO 1800 VALLEY VIEW LANE, DALLAS TX 75234
Syntek Acquisition Corp. 10 percent owner 1755 WITTINGTON, DALLAS TX 75234

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