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Quadpro ITeS (NSE:QUADPRO) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Sep. 2023)


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What is Quadpro ITeS Earnings Yield (Joel Greenblatt) %?

Quadpro ITeS's Enterprise Value for the quarter that ended in Sep. 2023 was ₹270.80 Mil. Quadpro ITeS's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was ₹9.89 Mil. Quadpro ITeS's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2023 was 0.00%.

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

NSE:QUADPRO' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.95   Med: 5.25   Max: 13.9
Current: 5.81

During the past 6 years, the highest Earnings Yield (Joel Greenblatt) of Quadpro ITeS was 13.90%. The lowest was 2.95%. And the median was 5.25%.

NSE:QUADPRO's Earnings Yield (Joel Greenblatt) % is ranked better than
51.67% of 1109 companies
in the Business Services industry
Industry Median: 5.47 vs NSE:QUADPRO: 5.81

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) %. Quadpro ITeS's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 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.


Quadpro ITeS Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Quadpro ITeS'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.

Quadpro ITeS Earnings Yield (Joel Greenblatt) % Chart

Quadpro ITeS Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial - - - 12.64 5.06

Quadpro ITeS Semi-Annual Data
Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only - 12.64 - 5.06 -

Competitive Comparison of Quadpro ITeS's Earnings Yield (Joel Greenblatt) %

For the Specialty Business Services subindustry, Quadpro ITeS'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.


Quadpro ITeS's Earnings Yield (Joel Greenblatt) % Distribution in the Business Services Industry

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

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



Quadpro ITeS 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.

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

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=11.271/222.683
=5.06 %

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.



Quadpro ITeS  (NSE:QUADPRO) 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.


Quadpro ITeS Earnings Yield (Joel Greenblatt) % Related Terms

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Quadpro ITeS (NSE:QUADPRO) Business Description

Industry
Traded in Other Exchanges
N/A
Address
S-3, 2nd Floor, 53 to 58, Sri Chakravarthy Complex, V. V. Puram, Sajjan Rao Circle, Bangalore, KA, IND, 560004
Quadpro ITeS Ltd provides end-to-end solutions to the Banking, Insurance, and Telecom industries. The company's product offerings are divided into Quad Quick: For Banking and Financial Services Industries, Quad Sure: For Insurance Industry, and Quad Comm: For Telecomm Industry. It has exclusive tie-ups with all hardware and software solution providers to provide the latest range of desktops, servers, and scanners as part of the solution. The company operates and generates revenue from India.

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