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X5 Retail Group NV (LSE:FIVE) Earnings Yield (Joel Greenblatt) % : 24.39% (As of Dec. 2023)


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What is X5 Retail Group NV Earnings Yield (Joel Greenblatt) %?

X5 Retail Group NV's Enterprise Value for the quarter that ended in Dec. 2023 was $8,371 Mil. X5 Retail Group NV's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $2,139 Mil. X5 Retail Group NV's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 24.39%.

The historical rank and industry rank for X5 Retail Group NV's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

LSE:FIVE' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.38   Med: 8.79   Max: 1069.17
Current: 25.58

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of X5 Retail Group NV was 1069.17%. The lowest was 2.38%. And the median was 8.79%.

LSE:FIVE's Earnings Yield (Joel Greenblatt) % is ranked better than
93.08% of 318 companies
in the Retail - Defensive industry
Industry Median: 6.145 vs LSE:FIVE: 25.58

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) %. X5 Retail Group NV'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.


X5 Retail Group NV Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for X5 Retail Group NV'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.

X5 Retail Group NV Earnings Yield (Joel Greenblatt) % Chart

X5 Retail Group NV 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 7.09 6.62 8.87 18.90 24.39

X5 Retail Group NV Quarterly Data
Mar18 Jun18 Sep18 Dec18 Jun19 Dec19 Jun20 Sep20 Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 18.90 22.42 21.37 25.00 24.39

Competitive Comparison of X5 Retail Group NV's Earnings Yield (Joel Greenblatt) %

For the Grocery Stores subindustry, X5 Retail Group NV'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.


X5 Retail Group NV's Earnings Yield (Joel Greenblatt) % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, X5 Retail Group NV's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where X5 Retail Group NV's Earnings Yield (Joel Greenblatt) % falls into.



X5 Retail Group NV 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.

X5 Retail Group NVs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=2042.203/8371.490327
=24.39 %

X5 Retail Group NV's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,139 Mil.



X5 Retail Group NV  (LSE:FIVE) 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.


X5 Retail Group NV Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of X5 Retail Group NV's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


X5 Retail Group NV (LSE:FIVE) Business Description

Traded in Other Exchanges
Address
Zuidplein 196, WTC Tower H, 24th Floor, Amsterdam, NH, NLD, 1077 XV
X5 Retail Group NV is principally engaged in the development and operation of grocery retail stores. It operates a retail chain of proximity stores, supermarkets, hypermarkets, hard discounters, online hypermarket stores, and dark kitchens under the brand names Pyaterochka, Perekrestok, Karusel, Chizhik, Perekrestok Vprok and Mnogo Lososya in major population centers in Russia, including but not limited to Moscow, St. Petersburg, Nizhniy Novgorod, Rostovon-Don, Kazan, Samara, Lipetsk, Chelyabinsk, Perm, Ekaterinburg. Its segment includes Pyaterochka, Perekrestok, others, and Corporate Centre. The company generates a majority of its revenue from the Pyaterochka segment.