What is Constance La Gaiete Co Earnings Yield (Joel Greenblatt) %?
Constance La Gaiete Co's Enterprise Value for the quarter that ended in Mar. 2024 was MUR650.7 Mil.
Constance La Gaiete Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was MUR537.8 Mil. Constance La Gaiete Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2024 was 82.64%.
The historical rank and industry rank for Constance La Gaiete Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
XMAU:CSE.I0000'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -27.83 Med: 2.51 Max: 87.15
Current: 52.63
During the past 7 years, the highest Earnings Yield (Joel Greenblatt) of Constance La Gaiete Co was 87.15%. The lowest was -27.83%. And the median was 2.51%.
XMAU:CSE.I0000's Earnings Yield (Joel Greenblatt) % is ranked better than 98.21% of 1950
companies
in the Consumer Packaged Goods industry
Industry Median: 4.885
vs XMAU:CSE.I0000: 52.63
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) %. Constance La Gaiete Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2024 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.
Constance La Gaiete Co Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Constance La Gaiete Co'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.
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Constance La Gaiete Co Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of Constance La Gaiete Co's Earnings Yield (Joel Greenblatt) %
For the Farm Products subindustry, Constance La Gaiete Co'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.
Constance La Gaiete Co's Earnings Yield (Joel Greenblatt) % Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Constance La Gaiete Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Constance La Gaiete Co's Earnings Yield (Joel Greenblatt) % falls into.
Constance La Gaiete Co 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.
Constance La Gaiete Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as
Constance La Gaiete Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was MUR537.8 Mil.
Constance La Gaiete Co (XMAU:CSE.I0000) 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.
Constance La Gaiete Co Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Constance La Gaiete Co's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Constance La Gaiete Co (XMAU:CSE.I0000) Business Description
Constance La Gaiete Co Ltd is engaged in sugar milling activities, production of other agro-industrial activities, and real estate projects. The firm's operating segments are Agricultural products-related activities; Livestock and aquaculture and Other activities. Agriculture products and related activities include sugar and related activities and agricultural diversification. Livestock and aquaculture involve the sale of poultry, venison, and oyster. Other activities include rental income, sales and income from other operating activities. The firm derives majority of the revenue from the Agriculture products and related activities segment.
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