What is Roma Green Finance Earnings Yield (Joel Greenblatt) %?
Roma Green Finance's Enterprise Value for the quarter that ended in Mar. 2023 was $0.00 Mil.
Roma Green Finance's EBIT for the trailing twelve months (TTM) ended in Mar. 2023 was $-0.13 Mil. Roma Green Finance's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2023 was 0.00%.
The historical rank and industry rank for Roma Green Finance's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
ROMA'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1.63 Med: -1.18 Max: -0.3
Current: -1.55
During the past 3 years, the highest Earnings Yield (Joel Greenblatt) of Roma Green Finance was -0.30%. The lowest was -1.63%. And the median was -1.18%.
ROMA's Earnings Yield (Joel Greenblatt) % is ranked worse than 80.81% of 1110
companies
in the Business Services industry
Industry Median: 5.645
vs ROMA: -1.55
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) %. Roma Green Finance's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 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.
Roma Green Finance Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Roma Green Finance'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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Roma Green Finance Earnings Yield (Joel Greenblatt) % Chart
Roma Green Finance Annual Data
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Mar21
Mar22
Mar23
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Roma Green Finance Semi-Annual Data
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Sep21
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Mar23
Earnings Yield (Joel Greenblatt) %
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Competitive Comparison of Roma Green Finance's Earnings Yield (Joel Greenblatt) %
For the Consulting Services subindustry, Roma Green Finance'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.
Roma Green Finance's Earnings Yield (Joel Greenblatt) % Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Roma Green Finance's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Roma Green Finance's Earnings Yield (Joel Greenblatt) % falls into.
Roma Green Finance 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.
Roma Green Finances Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2023 is calculated as
For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.
Roma Green Finance (NAS:ROMA) 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.
Roma Green Finance Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Roma Green Finance's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Roma Green Finance (Roma Green Finance) Business Description
Roma Green Finance Ltd is principally engaged in the provision of ESG, corporate governance and risk management as well as sustainability and climate change-related advisory services. The company works closely with its clients to help them understand, identify, manage and overcome various business matters arising from such factors related to ESG, sustainability and climate change. it provides tailored-made sustainability solutions to meet the client's specific needs. Its mission is to provide its clients with a one-stop destination for high-quality and holistic sustainability and climate change-related consulting services to support a more sustainable, balanced and inclusive future for our clients' organizations and the world.
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