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Bor Seker AS (IST:BORSK) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Sep. 2023)


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What is Bor Seker AS Earnings Yield (Joel Greenblatt) %?

Bor Seker AS's Enterprise Value for the quarter that ended in Sep. 2023 was ₺0 Mil. Bor Seker AS's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was ₺0 Mil. Bor Seker AS's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2023 was 0.00%.

The historical rank and industry rank for Bor Seker AS's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

IST:BORSK' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 10.06
Current: 10.05

During the past 3 years, the highest Earnings Yield (Joel Greenblatt) of Bor Seker AS was 10.06%. The lowest was 0.00%. And the median was 0.00%.

IST:BORSK's Earnings Yield (Joel Greenblatt) % is ranked better than
75.47% of 1953 companies
in the Consumer Packaged Goods industry
Industry Median: 5.04 vs IST:BORSK: 10.05

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) %. Bor Seker AS's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 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.


Bor Seker AS Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Bor Seker AS'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.

Bor Seker AS Earnings Yield (Joel Greenblatt) % Chart

Bor Seker AS Annual Data
Trend Mar21 Mar22 Mar23
Earnings Yield (Joel Greenblatt) %
- - -

Bor Seker AS Quarterly Data
Mar21 Mar22 Sep22 Mar23 Sep23
Earnings Yield (Joel Greenblatt) % - - - - -

Competitive Comparison of Bor Seker AS's Earnings Yield (Joel Greenblatt) %

For the Confectioners subindustry, Bor Seker AS'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.


Bor Seker AS's Earnings Yield (Joel Greenblatt) % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bor Seker AS's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Bor Seker AS's Earnings Yield (Joel Greenblatt) % falls into.



Bor Seker AS 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.

Bor Seker ASs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=737.146/0
= %

Bor Seker AS's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺0 Mil.



Bor Seker AS  (IST:BORSK) 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.


Bor Seker AS Earnings Yield (Joel Greenblatt) % Related Terms

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Bor Seker AS (IST:BORSK) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Website
Bor Seker AS is a company whose main activities are producing and trading crystal, granulated and cube sugar, fresh pulp, which is a by product of the sugar industry, dry pulp, molasses, dry molasses pulp, limestone, electricity production and trade of seeds and fertilizers. The products produced by the company are as follows which are crystal sugar, cube sugar, molasses, beet pulp.

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