What is C4X Discovery Holdings Earnings Yield (Joel Greenblatt) %?
C4X Discovery Holdings's Enterprise Value for the quarter that ended in Jan. 2024 was €19.04 Mil.
C4X Discovery Holdings's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was €11.18 Mil. C4X Discovery Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jan. 2024 was 0.00%.
The historical rank and industry rank for C4X Discovery Holdings's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
FRA:C4J'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2122.51 Med: -23.14 Max: 520.38
Current: 87.72
During the past 12 years, the highest Earnings Yield (Joel Greenblatt) of C4X Discovery Holdings was 520.38%. The lowest was -2122.51%. And the median was -23.14%.
FRA:C4J's Earnings Yield (Joel Greenblatt) % is ranked better than 99.29% of 1413
companies
in the Biotechnology industry
Industry Median: -15.79
vs FRA:C4J: 87.72
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) %. C4X Discovery Holdings's Forward Rate of Return (Yacktman) % for the quarter that ended in Jan. 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.
C4X Discovery Holdings Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for C4X Discovery Holdings'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 Biotechnology subindustry, C4X Discovery Holdings'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.
C4X Discovery Holdings's Earnings Yield (Joel Greenblatt) % Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, C4X Discovery Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where C4X Discovery Holdings'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.
C4X Discovery Holdingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jul. 2023 is calculated as
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.
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.
C4X Discovery Holdings Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of C4X Discovery Holdings's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
C4X Discovery Holdings (FRA:C4J) Business Description
C4X Discovery Holdings PLC is a drug discovery and development company. It has various proprietary and synergistic software platforms Taxonomy3, Conformetrix, and 4Sight. Taxonomy3 is a novel in silico platform technology that utilizes proprietary ground-breaking mathematical algorithms to perform complex multivariate analysis of genetic data. Conformetrix enables rational, accelerated 4D structural drug design using experimental data rather than theoretical data. The 4Sight allows its research scientists to view, understand and interrogate the complex, multidimensional molecular shape data of drug molecules.
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