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Accrol Group Holdings (LSE:ACRL) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Oct. 2023)


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What is Accrol Group Holdings Earnings Yield (Joel Greenblatt) %?

Accrol Group Holdings's Enterprise Value for the quarter that ended in Oct. 2023 was £163.1 Mil. Accrol Group Holdings's EBIT for the trailing twelve months (TTM) ended in Oct. 2023 was £-1.5 Mil. Accrol Group Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Oct. 2023 was 0.00%.

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

LSE:ACRL' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -51.27   Med: -0.75   Max: 38.4
Current: -0.81

During the past 12 years, the highest Earnings Yield (Joel Greenblatt) of Accrol Group Holdings was 38.40%. The lowest was -51.27%. And the median was -0.75%.

LSE:ACRL's Earnings Yield (Joel Greenblatt) % is ranked worse than
79.45% of 1946 companies
in the Consumer Packaged Goods industry
Industry Median: 4.92 vs LSE:ACRL: -0.81

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) %. Accrol Group Holdings's Forward Rate of Return (Yacktman) % for the quarter that ended in Oct. 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.


Accrol Group Holdings Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Accrol Group 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.

* Premium members only.

Accrol Group Holdings Earnings Yield (Joel Greenblatt) % Chart

Accrol Group Holdings Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -16.47 -0.27 -0.56 -0.15 -2.19

Accrol Group Holdings Semi-Annual Data
Apr13 Apr14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 - -0.15 - -2.19 -

Competitive Comparison of Accrol Group Holdings's Earnings Yield (Joel Greenblatt) %

For the Household & Personal Products subindustry, Accrol Group 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.


Accrol Group Holdings's Earnings Yield (Joel Greenblatt) % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Accrol Group Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Accrol Group Holdings's Earnings Yield (Joel Greenblatt) % falls into.



Accrol Group Holdings 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.

Accrol Group Holdingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Apr. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-3.63/166.03496
=-2.19 %

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.



Accrol Group Holdings  (LSE:ACRL) 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.


Accrol Group Holdings Earnings Yield (Joel Greenblatt) % Related Terms

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


Accrol Group Holdings (LSE:ACRL) Business Description

Traded in Other Exchanges
Address
Roman Road, Delta Building, Blackburn, Lancashire, GBR, BB1 2LD
Accrol Group Holdings PLC manufactures soft tissue products. Its products are away from home, toilet rolls, kitchen towels, and facial tissues. The company supplies its products to retailers in the household sector and national distributors away from the home sector. The firm's production facility is in Lancashire. Its geographical segments are the United Kingdom and Europe. The company derives most of its revenues from the United Kingdom segment. It has developed and promoted brands such as Handy, Mega, Mighty and Thirsty bubbles, Softy, Sofcell, and envirosoft.

Accrol Group Holdings (LSE:ACRL) Headlines