What is A. P. Moller Maersk A/S Earnings Yield (Joel Greenblatt) %?
A. P. Moller Maersk A/S's Enterprise Value for the quarter that ended in Dec. 2023 was $37,416 Mil.
A. P. Moller Maersk A/S's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-6,284 Mil. A. P. Moller Maersk A/S's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 13.66%.
The historical rank and industry rank for A. P. Moller Maersk A/S's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
AMKAF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -30.32 Med: 15.66 Max: 135.93
Current: -19.76
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of A. P. Moller Maersk A/S was 135.93%. The lowest was -30.32%. And the median was 15.66%.
AMKAF's Earnings Yield (Joel Greenblatt) % is ranked worse than 95.79% of 998
companies
in the Transportation industry
Industry Median: 6.965
vs AMKAF: -19.76
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) %. A. P. Moller Maersk A/S'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.
A. P. Moller Maersk A/S Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for A. P. Moller Maersk A/S'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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A. P. Moller Maersk A/S Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of A. P. Moller Maersk A/S's Earnings Yield (Joel Greenblatt) %
For the Marine Shipping subindustry, A. P. Moller Maersk A/S'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.
A. P. Moller Maersk A/S's Earnings Yield (Joel Greenblatt) % Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, A. P. Moller Maersk A/S's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where A. P. Moller Maersk A/S's Earnings Yield (Joel Greenblatt) % falls into.
A. P. Moller Maersk A/S 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.
A. P. Moller Maersk A/Ss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as
A. P. Moller Maersk A/S'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 $-6,284 Mil.
A. P. Moller Maersk A/S (OTCPK:AMKAF) 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.
A. P. Moller Maersk A/S Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of A. P. Moller Maersk A/S's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
A. P. Moller Maersk A/S (A. P. Moller Maersk A/S) Business Description
A.P. Moller-Maersk is a Denmark-listed global conglomerate involved in global trade, shipping, and energy. Maersk Line, the largest contributor to group revenue and earnings, has been the largest container shipping company globally for more than 20 years. Maersk was founded in 1904 and has since been run by the Moller-Maersk family, which currently holds slightly more than 50% of the share capital. The group has been active over the past few years in divesting noncore operations, such as its long-standing stakes in Danske Bank and Dansk Supermarked as well as its oil and gas operations.
A. P. Moller Maersk A/S (A. P. Moller Maersk A/S) Headlines
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