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Seprod (XJAM:SEP) Earnings Yield (Joel Greenblatt) % : 2.44% (As of Jun. 2023)


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What is Seprod Earnings Yield (Joel Greenblatt) %?

Seprod's Enterprise Value for the quarter that ended in Jun. 2023 was JMD93,864 Mil. Seprod's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was JMD2,290 Mil. Seprod's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2023 was 2.44%.

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

XJAM:SEP' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.2   Med: 5.84   Max: 9.88
Current: 2.48

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Seprod was 9.88%. The lowest was 2.20%. And the median was 5.84%.

XJAM:SEP's Earnings Yield (Joel Greenblatt) % is ranked worse than
64.82% of 1950 companies
in the Consumer Packaged Goods industry
Industry Median: 4.885 vs XJAM:SEP: 2.48

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) %. Seprod's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2023 was 15.97%. 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.


Seprod Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Seprod'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.

Seprod Earnings Yield (Joel Greenblatt) % Chart

Seprod Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.07 5.62 7.70 5.72 6.78

Seprod Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Jun23
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 5.72 6.07 4.84 6.78 2.44

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

For the Packaged Foods subindustry, Seprod'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.


Seprod's Earnings Yield (Joel Greenblatt) % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Seprod's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Seprod 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.

Seprods Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2022 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=6187.129/91254.284
=6.78 %

Seprod's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was JMD2,290 Mil.



Seprod  (XJAM:SEP) 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.


Seprod Earnings Yield (Joel Greenblatt) % Related Terms

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


Seprod (XJAM:SEP) Business Description

Traded in Other Exchanges
N/A
Address
3 Felix Fox Boulevard, Kingston, JAM
Seprod Ltd manufactures and sells edible oils and fats, corn products, cereals, milk products, juices, sugar, and biscuits. The company's product portfolio includes oils and fats, cookies and crackers, milk products, milk beverages, juice beverages, canned meats and fish, sauces and seasonings, canned vegetables, jams and jellies, pasta, hot beverages, corn and cornmeal and sugar. Its products City under various brands including Betty, Chiffon, Gold Seal, Gourmet, Serge, Butterkist, Cool Fruit, Primrose, Dairy Maid, Swizzle, Chef, and Pronto, among others. The company is a merchandiser of consumer goods. Its operating segments are Manufacturing and Distribution, of which a majority of the revenue is derived from the Distribution segment.