The historical rank and industry rank for Steinhoff International Holdings NV's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
LTS:0RDG'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -6.75 Med: 2.52 Max: 29.07
Current: 29.07
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Steinhoff International Holdings NV was 29.07%. The lowest was -6.75%. And the median was 2.52%.
LTS:0RDG's Earnings Yield (Joel Greenblatt) % is not ranked
in the Retail - Cyclical industry.
Industry Median: 4.73
vs LTS:0RDG: 29.07
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) %. Steinhoff International Holdings NV's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 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.
Steinhoff International Holdings NV Earnings Yield (Joel Greenblatt) % Historical Data
* 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.
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Steinhoff International Holdings NV Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of Steinhoff International Holdings NV's Earnings Yield (Joel Greenblatt) %
For the Specialty Retail subindustry, Steinhoff International Holdings 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.
Steinhoff International Holdings NV's Earnings Yield (Joel Greenblatt) % Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Steinhoff International Holdings NV's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Steinhoff International Holdings NV's Earnings Yield (Joel Greenblatt) % falls into.
Steinhoff International Holdings 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.
For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.
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.
Steinhoff International Holdings NV Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Steinhoff International Holdings NV's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Steinhoff International Holdings NV (LTS:0RDG) Business Description
Steinhoff International Holdings NV is a global holding company with investments in retail businesses in Africa, Australasia, Europe, the United Kingdom, and the United States. The company's four business segments include Pepco Group, Greenlit Brands, Pepkor Holdings, and Group services. The majority of the revenue comes from both Pepco Group and Pepkor Holdings. Pepco Group consists of the general merchandise retail business of Pepco and Poundland. Pepkor Holdings includes retail chains predominantly selling clothing, footwear, textiles, cell phones, airtime, and fast-moving consumer goods, with its revenue mainly derived from South Africa. The holding company operates globally, with the majority of sales coming from Africa and Europe.
Steinhoff International Holdings NV (LTS:0RDG) Headlines
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