GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Promotora Y Operadora de Infraestructura SAB de CV (OTCPK:PUODY) » Definitions » Earnings Yield (Joel Greenblatt) %

Promotora Y Operadora de InfraestructuraB de CV (Promotora Y Operadora de InfraestructuraB de CV) Earnings Yield (Joel Greenblatt) % : 20.33% (As of Sep. 2023)


View and export this data going back to 1993. Start your Free Trial

What is Promotora Y Operadora de InfraestructuraB de CV Earnings Yield (Joel Greenblatt) %?

Promotora Y Operadora de InfraestructuraB de CV's Enterprise Value for the quarter that ended in Sep. 2023 was $3,190.6 Mil. Promotora Y Operadora de InfraestructuraB de CV's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $624.7 Mil. Promotora Y Operadora de InfraestructuraB de CV's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2023 was 20.33%.

The historical rank and industry rank for Promotora Y Operadora de InfraestructuraB de CV's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

PUODY' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.36   Med: 9.62   Max: 22.68
Current: 21.01

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Promotora Y Operadora de InfraestructuraB de CV was 22.68%. The lowest was 5.36%. And the median was 9.62%.

PUODY's Earnings Yield (Joel Greenblatt) % is ranked better than
86.95% of 1694 companies
in the Construction industry
Industry Median: 6.475 vs PUODY: 21.01

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) %. Promotora Y Operadora de InfraestructuraB de CV's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2023 was 16.99%. 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.


Promotora Y Operadora de InfraestructuraB de CV Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Promotora Y Operadora de InfraestructuraB de CV'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.

Promotora Y Operadora de InfraestructuraB de CV Earnings Yield (Joel Greenblatt) % Chart

Promotora Y Operadora de InfraestructuraB de CV 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 11.09 11.61 8.47 16.95 19.61

Promotora Y Operadora de InfraestructuraB de CV Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 19.16 19.61 15.82 14.60 20.33

Competitive Comparison of Promotora Y Operadora de InfraestructuraB de CV's Earnings Yield (Joel Greenblatt) %

For the Infrastructure Operations subindustry, Promotora Y Operadora de InfraestructuraB de CV'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.


Promotora Y Operadora de InfraestructuraB de CV's Earnings Yield (Joel Greenblatt) % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Promotora Y Operadora de InfraestructuraB de CV's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Promotora Y Operadora de InfraestructuraB de CV's Earnings Yield (Joel Greenblatt) % falls into.



Promotora Y Operadora de InfraestructuraB de CV 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.

Promotora Y Operadora de InfraestructuraB de CVs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2022 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=538.366/2725.3734
=19.75 %

Promotora Y Operadora de InfraestructuraB de CV's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $624.7 Mil.



Promotora Y Operadora de InfraestructuraB de CV  (OTCPK:PUODY) 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.


Promotora Y Operadora de InfraestructuraB de CV Earnings Yield (Joel Greenblatt) % Related Terms

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


Promotora Y Operadora de InfraestructuraB de CV (Promotora Y Operadora de InfraestructuraB de CV) Business Description

Address
Bosque de Cidros No 173, Bosques de las Lomas, Mexico, MEX, 05120
Promotora Y Operadora de Infraestructura SAB de CV, or Pinfra, develops and constructs infrastructure projects in Mexico. It completes highways, ports, railways, sewer systems, and other projects related to industrial development. The company holds various concessions from the government to build and then operate structures for several years. The concessions can generate stable revenue, and enhance connectivity within communities. Pinfra has three business segments: concession, construction, and plants. The construction division primarily provides services to its concessions, but has the capability to partner with third parties. Many concessions are fully operational, and the company supplies maintenance and operational support to adhere to requirements.

Promotora Y Operadora de InfraestructuraB de CV (Promotora Y Operadora de InfraestructuraB de CV) Headlines

From GuruFocus