What is Easy Trip Planners Earnings Yield (Joel Greenblatt) %?
Easy Trip Planners's Enterprise Value for the quarter that ended in Jun. 2024 was ₹73,026 Mil.
Easy Trip Planners's EBIT for the trailing twelve months (TTM) ended in Jun. 2024 was ₹1,595 Mil. Easy Trip Planners's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2024 was 2.18%.
The historical rank and industry rank for Easy Trip Planners's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
BOM:543272'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.44 Med: 2.28 Max: 4.95
Current: 2.92
During the past 5 years, the highest Earnings Yield (Joel Greenblatt) of Easy Trip Planners was 4.95%. The lowest was 1.44%. And the median was 2.28%.
BOM:543272's Earnings Yield (Joel Greenblatt) % is ranked worse than 57.53% of 850
companies
in the Travel & Leisure industry
Industry Median: 4.225
vs BOM:543272: 2.92
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) %. Easy Trip Planners's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 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.
Easy Trip Planners Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Easy Trip Planners'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.
For the Travel Services subindustry, Easy Trip Planners'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.
Easy Trip Planners's Earnings Yield (Joel Greenblatt) % Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Easy Trip Planners's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Easy Trip Planners's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Easy Trip Plannerss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2024 is calculated as
Easy Trip Planners's EBIT for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹1,595 Mil.
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.
Easy Trip Planners Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Easy Trip Planners's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Easy Trip Planners Ltd operates as an online travel agency in India. It offers a range of travel products and services and end-to-end travel solutions including airline tickets, rail tickets, bus tickets, taxis, holiday packages, hotels, and other value-added services such as travel insurance. Easy Trip offers a range of online traveling services through its website and Ease My Trip android and iOS mobile app. Its reportable segments are; Air Ticketing: Hotels Packages: and Others. The maximum revenue for the company is generated from its Air Passage segment which provides the facility to book and service international and domestic air tickets to the ultimate consumer through B2C (Business To Consumer) and B2B2C (Business to Business to Consumer) channels.
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