What is A I Champdany Industries Earnings Yield (Joel Greenblatt) %?
A I Champdany Industries's Enterprise Value for the quarter that ended in Dec. 2023 was ₹1,828.9 Mil.
A I Champdany Industries's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₹254.7 Mil. A I Champdany Industries's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 13.93%.
The historical rank and industry rank for A I Champdany Industries's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
BOM:532806'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -24.1 Med: 4.17 Max: 41.85
Current: 17.68
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of A I Champdany Industries was 41.85%. The lowest was -24.10%. And the median was 4.17%.
BOM:532806's Earnings Yield (Joel Greenblatt) % is ranked better than 89.3% of 1084
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.385
vs BOM:532806: 17.68
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 I Champdany Industries'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 I Champdany Industries Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for A I Champdany Industries'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 I Champdany Industries Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of A I Champdany Industries's Earnings Yield (Joel Greenblatt) %
For the Textile Manufacturing subindustry, A I Champdany Industries'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 I Champdany Industries's Earnings Yield (Joel Greenblatt) % Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, A I Champdany Industries's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where A I Champdany Industries's Earnings Yield (Joel Greenblatt) % falls into.
A I Champdany Industries 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 I Champdany Industriess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2023 is calculated as
A I Champdany Industries'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 ₹254.7 Mil.
A I Champdany Industries (BOM:532806) 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 I Champdany Industries Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of A I Champdany Industries's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
A I Champdany Industries (BOM:532806) Business Description
A I Champdany Industries Ltd is an Indian Jute manufacturing company. The firm manufactures jute products, such as jute yarn, blended yarn made of jute blended with other fibers, such as cotton, ramie, viscose, poly propylene, flax and wool among others. It also manufactures special food-grade jute bags, jute blended carpets and fabrics for soft luggage/shoe uppers/wearing apparel for export markets. It operates in two business segments, which includes Jute/Jute diversified Products and Services and Flax Products. Substantial revenue accrues from the Jute and Jute diversified product sales. It exports products overseas and generates maximum revenue from domestic sales.
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