What is MEP Infrastructure Developers Earnings Yield (Joel Greenblatt) %?
MEP Infrastructure Developers's Enterprise Value for the quarter that ended in Dec. 2023 was ₹2,788.4 Mil.
MEP Infrastructure Developers's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-2,514.5 Mil. MEP Infrastructure Developers's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was -90.09%.
The historical rank and industry rank for MEP Infrastructure Developers's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
NSE:MEP'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -368.96 Med: 21.9 Max: 3763.42
Current: 2991.46
During the past 9 years, the highest Earnings Yield (Joel Greenblatt) of MEP Infrastructure Developers was 3763.42%. The lowest was -368.96%. And the median was 21.90%.
NSE:MEP's Earnings Yield (Joel Greenblatt) % is not ranked
in the Construction industry.
Industry Median: 6.45
vs NSE:MEP: 2991.46
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) %. MEP Infrastructure Developers'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.
MEP Infrastructure Developers 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.
For the Infrastructure Operations subindustry, MEP Infrastructure Developers'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.
MEP Infrastructure Developers's Earnings Yield (Joel Greenblatt) % Distribution in the Construction Industry
For the Construction industry and Industrials sector, MEP Infrastructure Developers's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where MEP Infrastructure Developers'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.
MEP Infrastructure Developerss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2023 is calculated as
MEP Infrastructure Developers'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 ₹-2,514.5 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.
MEP Infrastructure Developers Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of MEP Infrastructure Developers's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
MEP Infrastructure Developers (NSE:MEP) Business Description
MEP Infrastructure Developers Ltd is an India based infrastructure company. It is engaged in the business activities of road construction, operation, maintenance and toll collection. The group operates in the business segments of Toll collection, Operation and Maintenance; and Construction. It generates maximum revenue from Toll collection, and repairs and maintenance segment. The company provides toll management service and assists its clients in addressing the complexities of implementation and operation of toll systems. The organization also helps in the installation of electronic toll and cash collection systems, communication networks, and intelligent transportation systems. The principally operates in India.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NSE:MEP has been successfully added to your 