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Dreamfolks Services (NSE:DREAMFOLKS) Earnings Yield (Joel Greenblatt) % : 3.58% (As of Dec. 2023)


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What is Dreamfolks Services Earnings Yield (Joel Greenblatt) %?

Dreamfolks Services's Enterprise Value for the quarter that ended in Dec. 2023 was ₹28,660 Mil. Dreamfolks Services's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₹1,027 Mil. Dreamfolks Services's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 3.58%.

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

NSE:DREAMFOLKS' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.85   Med: 3.43   Max: 4.23
Current: 3.85

During the past 4 years, the highest Earnings Yield (Joel Greenblatt) of Dreamfolks Services was 4.23%. The lowest was 1.85%. And the median was 3.43%.

NSE:DREAMFOLKS's Earnings Yield (Joel Greenblatt) % is ranked worse than
69.2% of 1000 companies
in the Transportation industry
Industry Median: 6.885 vs NSE:DREAMFOLKS: 3.85

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) %. Dreamfolks Services'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.


Dreamfolks Services Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Dreamfolks Services'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.

Dreamfolks Services Earnings Yield (Joel Greenblatt) % Chart

Dreamfolks Services Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Earnings Yield (Joel Greenblatt) %
- - - 4.48

Dreamfolks Services Quarterly Data
Mar20 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 4.01 4.48 2.86 3.85 3.58

Competitive Comparison of Dreamfolks Services's Earnings Yield (Joel Greenblatt) %

For the Airports & Air Services subindustry, Dreamfolks Services'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.


Dreamfolks Services's Earnings Yield (Joel Greenblatt) % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Dreamfolks Services's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Dreamfolks Services's Earnings Yield (Joel Greenblatt) % falls into.



Dreamfolks Services 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.

Dreamfolks Servicess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=984.2/21934.2425
=4.49 %

Dreamfolks Services'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 ₹1,027 Mil.



Dreamfolks Services  (NSE:DREAMFOLKS) 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.


Dreamfolks Services Earnings Yield (Joel Greenblatt) % Related Terms

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


Dreamfolks Services (NSE:DREAMFOLKS) Business Description

Traded in Other Exchanges
Address
501, Tower 2, Fifth Floor, Worldmark, Sector-65, Gurugram, HR, IND, 122 018
Dreamfolks Services Ltd is an airport service aggregator platform, an incubator of the industry with its, asset light, capital efficient business model. DreamFolks' provides services to all the Card Networks operating in India including Visa, Mastercard, Diners/Discover and RuPay; and many of India's prominent Card Issuers. It provides with access to a host of services: from door-step to the airport, within the airport, and again from the airport to the door-step at the destination, including Lounges, Food and Beverage, Spa, Meet and Assist, Airport Transfer, Transit Hotels/Nap Room access, and Baggage Transfer.

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