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Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS (IST:LKMNH) Earnings Yield (Joel Greenblatt) % : 36.50% (As of Jun. 2023)


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What is Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS Earnings Yield (Joel Greenblatt) %?

Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS's Enterprise Value for the quarter that ended in Jun. 2023 was ₺1,317 Mil. Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was ₺481 Mil. Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2023 was 36.50%.

The historical rank and industry rank for Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

IST:LKMNH' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.76   Med: 11.35   Max: 46.32
Current: 11.97

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS was 46.32%. The lowest was 3.76%. And the median was 11.35%.

IST:LKMNH's Earnings Yield (Joel Greenblatt) % is ranked better than
91.67% of 684 companies
in the Healthcare Providers & Services industry
Industry Median: 2.55 vs IST:LKMNH: 11.97

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) %. Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2023 was 16.98%. 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.


Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut 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.

Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS Earnings Yield (Joel Greenblatt) % Chart

Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.53 11.99 13.00 24.81 15.08

Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
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 9.42 24.81 40.65 36.50 -

Competitive Comparison of Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS's Earnings Yield (Joel Greenblatt) %

For the Medical Care Facilities subindustry, Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut 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.


Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS's Earnings Yield (Joel Greenblatt) % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS's Earnings Yield (Joel Greenblatt) % falls into.



Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut 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.

Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut ASs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=437.629/2902.958
=15.08 %

Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺481 Mil.



Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS  (IST:LKMNH) 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.


Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS (IST:LKMNH) Business Description

Traded in Other Exchanges
N/A
Address
General Doktor Tevfik Sa?lam Caddesi No: 119 Etlik-Keçiören, Ankara, TUR, 06010
Lokman Hekim Engurusag Saglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS is engaged in operation of hospitals. Its activities include emergency service, neurosurgery, dietetic, gynecology, rehabilitation, urology, orthopedics and cardiology services.

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