GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Sila Realty Trust Inc (OTCPK:CVMCD) » Definitions » Earnings Yield (Joel Greenblatt) %

Sila Realty Trust (Sila Realty Trust) Earnings Yield (Joel Greenblatt) % : 3.22% (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Sila Realty Trust Earnings Yield (Joel Greenblatt) %?

Sila Realty Trust's Enterprise Value for the quarter that ended in Mar. 2024 was $1,478.9 Mil. Sila Realty Trust's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $47.6 Mil. Sila Realty Trust's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2024 was 3.22%.

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

CVMCD' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.77   Med: 1.72   Max: 5.97
Current: 3.05

During the past 10 years, the highest Earnings Yield (Joel Greenblatt) of Sila Realty Trust was 5.97%. The lowest was 0.77%. And the median was 1.72%.

CVMCD's Earnings Yield (Joel Greenblatt) % is ranked better than
53.39% of 901 companies
in the REITs industry
Industry Median: 2.79 vs CVMCD: 3.05

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) %. Sila Realty Trust's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2024 was 9.40%. 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.


Sila Realty Trust Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Sila Realty Trust'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.

Sila Realty Trust Earnings Yield (Joel Greenblatt) % Chart

Sila Realty Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 2.01 0.77 3.32

Sila Realty Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.32 0.97 1.25 3.32 3.22

Competitive Comparison of Sila Realty Trust's Earnings Yield (Joel Greenblatt) %

For the REIT - Healthcare Facilities subindustry, Sila Realty Trust'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.


Sila Realty Trust's Earnings Yield (Joel Greenblatt) % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Sila Realty Trust's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Sila Realty Trust's Earnings Yield (Joel Greenblatt) % falls into.



Sila Realty Trust 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.

Sila Realty Trusts Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=47.152/1422.18696
=3.32 %

Sila Realty Trust's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $47.6 Mil.



Sila Realty Trust  (OTCPK:CVMCD) 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.


Sila Realty Trust Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Sila Realty Trust's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Sila Realty Trust (Sila Realty Trust) Business Description

Industry
Traded in Other Exchanges
Address
1001 Water Street, Suite 800, Tampa, FL, USA, 33602
Sila Realty Trust Inc is a real estate investment trust. Its investment objective is to pay regular cash distributions to stockholders and to preserve, protect, and return capital contributions to stockholders. The company owns and manages healthcare assets. The company generates revenue from real estate investments in healthcare properties.
Executives
Roger Sherwood Pratt director 1001 WATER STREET, SUITE 800, TAMPA FL 33602
Adrienne Kirby director 1001 WATER STREET, SUITE 800, TAMPA FL 33602
Robert Labenski officer: Chief Accounting Officer 1001 WATER STREET, SUITE 800, TAMPA FL 33602
Verett Ann Mims director 15 ENTERPRISE, SUITE 200, ALISO VIEJO CA 92656
Z Jamie Behar director 200 SPECTRUM CENTER DRIVE, SUITE 2100, IRVINE CA 92618
Jason C. Reed officer: CIO, Data Centers 1001 WATER STREET, SUITE 800, TAMPA FL 33602
Jamie A. Yoakum officer: CAO 1001 WATER STREET, SUITE 800, TAMPA FL 33602
Jon C. Sajeski officer: CIO, Healthcare 1001 WATER STREET, SUITE 800, TAMPA FL 33602
Kay C. Neely officer: CFO and Treasurer 1001 WATER STREET, SUITE 800, TAMPA FL 33602
Robert M Winslow director 4890 W. KENNEDY BLVD. SUITE 650, TAMPA FL 33609
Jonathan Kuchin director 1001 WATER STREET, SUITE 800, TAMPA FL 33602
Ronald Lee Rayevich director 4890 W KENNEDY BLVD, SUITE 650, TAMPA FL 33609
Randall Greene director 4890 W KENNEDY BLVD, SUITE 650, TAMPA FL 33609
Lisa Drummond officer: COO & Secretary 4211 WEST BOY SCOUT BLVD., SUITE 500, TAMPA FL 33607
John E Carter director, officer: Chairman of the Board & CEO 4890 W KENNEDY BLVD, SUITE 650, TAMPA FL 33609

Sila Realty Trust (Sila Realty Trust) Headlines

No Headlines