What is Rosseti Kuban PJSC Earnings Yield (Joel Greenblatt) %?
Rosseti Kuban PJSC's Enterprise Value for the quarter that ended in Dec. 2023 was ₽100,149 Mil.
Rosseti Kuban PJSC's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₽8,081 Mil. Rosseti Kuban PJSC's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 11.48%.
The historical rank and industry rank for Rosseti Kuban PJSC's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
MIC:KUBE'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -16.25 Med: 3.36 Max: 30.06
Current: 17.57
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Rosseti Kuban PJSC was 30.06%. The lowest was -16.25%. And the median was 3.36%.
MIC:KUBE's Earnings Yield (Joel Greenblatt) % is ranked better than 86.23% of 523
companies
in the Utilities - Regulated industry
Industry Median: 6.51
vs MIC:KUBE: 17.57
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) %. Rosseti Kuban PJSC's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 was 22.82%. 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.
Rosseti Kuban PJSC Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Rosseti Kuban PJSC'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.
For the Utilities - Regulated Electric subindustry, Rosseti Kuban PJSC'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.
Rosseti Kuban PJSC's Earnings Yield (Joel Greenblatt) % Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Rosseti Kuban PJSC's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Rosseti Kuban PJSC's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Rosseti Kuban PJSCs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as
Rosseti Kuban PJSC'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 ₽8,081 Mil.
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.
Rosseti Kuban PJSC Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Rosseti Kuban PJSC's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Rosseti Kuban PJSC (MIC:KUBE) Business Description
Rosseti Kuban PJSC is active in the utilities market in Russia. It is the largest electric grid company in the territory of the Krasnodar and the Republic of Adygea, carrying out transmission and distribution of electric power. The main objective of the company is to provide reliable and stable energy supply to all consumers of the Krasnodar Territory and the Republic of Adygea, as well as the growing needs of the regional economies for electricity.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
MIC:KUBE has been successfully added to your 