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SAMHI Hotels (BOM:543984) Earnings Yield (Joel Greenblatt) % : 2.84% (As of Sep. 2023)


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What is SAMHI Hotels Earnings Yield (Joel Greenblatt) %?

SAMHI Hotels's Enterprise Value for the quarter that ended in Sep. 2023 was ₹51,828 Mil. SAMHI Hotels's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was ₹1,716 Mil. SAMHI Hotels's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2023 was 2.84%.

The historical rank and industry rank for SAMHI Hotels's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

BOM:543984' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.59   Med: 2.93   Max: 3.33
Current: 2.82

During the past 7 years, the highest Earnings Yield (Joel Greenblatt) of SAMHI Hotels was 3.33%. The lowest was 2.59%. And the median was 2.93%.

BOM:543984's Earnings Yield (Joel Greenblatt) % is ranked worse than
58.78% of 854 companies
in the Travel & Leisure industry
Industry Median: 4.285 vs BOM:543984: 2.82

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) %. SAMHI Hotels's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 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.


SAMHI Hotels Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for SAMHI Hotels'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.

SAMHI Hotels Earnings Yield (Joel Greenblatt) % Chart

SAMHI Hotels Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial - - - - -

SAMHI Hotels Semi-Annual Data
Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Sep22 Mar23 Sep23
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only - - - - 2.84

Competitive Comparison of SAMHI Hotels's Earnings Yield (Joel Greenblatt) %

For the Lodging subindustry, SAMHI Hotels'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.


SAMHI Hotels's Earnings Yield (Joel Greenblatt) % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, SAMHI Hotels's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where SAMHI Hotels's Earnings Yield (Joel Greenblatt) % falls into.



SAMHI Hotels 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.

SAMHI Hotelss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=2010.5/0
= %

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.



SAMHI Hotels  (BOM:543984) 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.


SAMHI Hotels Earnings Yield (Joel Greenblatt) % Related Terms

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SAMHI Hotels (BOM:543984) Business Description

Traded in Other Exchanges
Address
14th floor, Building 10C, Cyber City, Phase II, Gurugram, HR, IND, 122 002
SAMHI Hotels Ltd is a company which is prominent branded hotel ownership and asset management platform in India. Their hotels typically operate under long-term management contracts with established and well recognized global hotel operators such as Marriott, Hyatt and IHG.

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