What is RegTech Open Project Earnings Yield (Joel Greenblatt) %?
RegTech Open Project's Enterprise Value for the quarter that ended in Dec. 2022 was £0.00 Mil.
RegTech Open Project does not have enough years/quarters to calculate its EBIT for the trailing twelve months (TTM) ended in Dec. 2022. Therefore, GuruFocus does not calculate RegTech Open Project's Earnings Yield (Joel Greenblatt) at this moment.
The historical rank and industry rank for RegTech Open Project's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
LSE:RTOP'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -57 Med: -21.14 Max: -1.36
Current: -53.29
During the past 2 years, the highest Earnings Yield (Joel Greenblatt) of RegTech Open Project was -1.36%. The lowest was -57.00%. And the median was -21.14%.
LSE:RTOP's Earnings Yield (Joel Greenblatt) % is ranked worse than 92.87% of 2863
companies
in the Software industry
Industry Median: 1.17
vs LSE:RTOP: -53.29
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) %. RegTech Open Project's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2022 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.
RegTech Open Project Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for RegTech Open Project'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.
RegTech Open Project Earnings Yield (Joel Greenblatt) % Chart
RegTech Open Project Annual Data
Trend
Dec20
Dec21
Earnings Yield (Joel Greenblatt) %
-
-
RegTech Open Project Semi-Annual Data
Dec20
Dec21
Dec22
Earnings Yield (Joel Greenblatt) %
-
-
-
Competitive Comparison of RegTech Open Project's Earnings Yield (Joel Greenblatt) %
For the Software - Application subindustry, RegTech Open Project'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.
RegTech Open Project's Earnings Yield (Joel Greenblatt) % Distribution in the Software Industry
For the Software industry and Technology sector, RegTech Open Project's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where RegTech Open Project's Earnings Yield (Joel Greenblatt) % falls into.
RegTech Open Project 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.
RegTech Open Projects Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2021 is calculated as
RegTech Open Project (LSE:RTOP) 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.
RegTech Open Project Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of RegTech Open Project's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
RegTech Open Project (LSE:RTOP) Business Description
RegTech Open Project plc is a technology business specialized in regtech that has developed the Orbit Open Platform, an award-winning proprietary software platform focused on OR, which helps its customers navigate an increasingly complex regulatory landscape, maintain a secure and stable operating environment, whilst improving compliance with applicable regulations and standards and reducing the risk of business disruptions. The Orbit Open Platform is a cloud-based SaaS solution that offers a suite of modules and features enabling businesses to achieve OR more efficiently and effectively. By leveraging the cloud, the Orbit Open Platform is able to offer flexibility, scalability, and easy access for businesses of all sizes, sectors and geographies.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
LSE:RTOP has been successfully added to your