Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario (BSP:SNCI11) Earnings Yield (Joel Greenblatt) % : -204.08% (As of Dec. 2022)

View and export this data going back to 2021. Start your Free Trial

What is Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Earnings Yield (Joel Greenblatt) %?

Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario's Enterprise Value for the quarter that ended in Dec. 2022 was R$-13.80 Mil. Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario does not have enough years/quarters to calculate its EBIT for the trailing twelve months (TTM) ended in Dec. 2022. Therefore, GuruFocus does not calculate Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario's Earnings Yield (Joel Greenblatt) at this moment.

The historical rank and industry rank for Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

BSP:SNCI11' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -539.24 Med: -180.8 Max: -68.03
Current: -168.68

During the past 3 years, the highest Earnings Yield (Joel Greenblatt) of Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario was -68.03%. The lowest was -539.24%. And the median was -180.80%.

BSP:SNCI11's Earnings Yield (Joel Greenblatt) % is ranked better than
99.37% of 1107 companies
in the Business Services industry
Industry Median: 5.65 vs BSP:SNCI11: -168.68

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) %. Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2022 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.

Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario'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.

Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Earnings Yield (Joel Greenblatt) % Chart

Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Annual Data

Trend

Dec21

Dec22

Dec23

Earnings Yield (Joel Greenblatt) %

-204.08

-102.04

Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Semi-Annual Data
	Dec21	Dec22	Dec23
Earnings Yield (Joel Greenblatt) %	-	-204.08	-102.04

Competitive Comparison of Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario's Earnings Yield (Joel Greenblatt) %

For the Consulting Services subindustry, Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario'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.

Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario's Earnings Yield (Joel Greenblatt) % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario's Earnings Yield (Joel Greenblatt) % falls into.

Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario 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.

Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliarios Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)	=	EBIT	/	Enterprise Value
	=	53.799	/	-52.926
	=	-101.65 %

Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario (BSP:SNCI11) 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

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.

Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.

Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario (BSP:SNCI11) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario (BSP:SNCI11) » Definitions » Earnings Yield (Joel Greenblatt) %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2041-Vila Olimpia, Torre D-Av. Pres. Juscelino Kubitschek, Sao Paulo, SP, BRA, 04543-011

Website

https://www.suno.com.br

Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario is focused on providing the best information to the public interested in the capital market. The group provides organizes courses and provides personalized consultancy for clients.

Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario (BSP:SNCI11) Headlines

No Headlines