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Brookfield Property REIT (STU:3F1) Earnings Yield (Joel Greenblatt) % : -0.19% (As of Mar. 2021)


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What is Brookfield Property REIT Earnings Yield (Joel Greenblatt) %?

Brookfield Property REIT's Enterprise Value for the quarter that ended in Mar. 2021 was €15,517 Mil. Brookfield Property REIT's EBIT for the trailing twelve months (TTM) ended in Mar. 2021 was €-29 Mil. Brookfield Property REIT's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2021 was -0.19%.

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

STU:3F1' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -0.19   Med: 2.96   Max: 24.42
Current: -0.19

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Brookfield Property REIT was 24.42%. The lowest was -0.19%. And the median was 2.96%.

STU:3F1's Earnings Yield (Joel Greenblatt) % is not ranked
in the REITs industry.
Industry Median: 2.79 vs STU:3F1: -0.19

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) %. Brookfield Property REIT's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2021 was 36.12%. 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.


Brookfield Property REIT Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Brookfield Property REIT'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.

Brookfield Property REIT Earnings Yield (Joel Greenblatt) % Chart

Brookfield Property REIT Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.68 2.94 21.41 4.76 0.48

Brookfield Property REIT Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.67 5.00 5.15 0.48 -0.19

Competitive Comparison of Brookfield Property REIT's Earnings Yield (Joel Greenblatt) %

For the REIT - Retail subindustry, Brookfield Property REIT'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.


Brookfield Property REIT's Earnings Yield (Joel Greenblatt) % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Brookfield Property REIT's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Brookfield Property REIT's Earnings Yield (Joel Greenblatt) % falls into.



Brookfield Property REIT 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.

Brookfield Property REITs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2020 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=73.225/15149.59506
=0.48 %

Brookfield Property REIT's EBIT for the trailing twelve months (TTM) ended in Mar. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was €-29 Mil.



Brookfield Property REIT  (STU:3F1) 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.


Brookfield Property REIT Earnings Yield (Joel Greenblatt) % Related Terms

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Brookfield Property REIT (STU:3F1) Business Description

Industry
Traded in Other Exchanges
N/A
Address
250 Vesey Street, 15th Floor, New York, NY, USA, 10281-1023
Brookfield Property REIT Inc is a retail real estate company. Its portfolio of mall properties spans the nation, encompassing approximately 121 retail properties located throughout the United States comprising approximately 120 million square feet of gross leasable area. The company is focused exclusively on managing, leasing and redeveloping high-quality retail properties.

Brookfield Property REIT (STU:3F1) Headlines

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