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Jubilant Foodworks (NSE:JUBLFOOD) Earnings Yield (Joel Greenblatt) % : 1.45% (As of Dec. 2023)


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What is Jubilant Foodworks Earnings Yield (Joel Greenblatt) %?

Jubilant Foodworks's Enterprise Value for the quarter that ended in Dec. 2023 was ₹372,047 Mil. Jubilant Foodworks's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₹5,406 Mil. Jubilant Foodworks's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 1.45%.

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

NSE:JUBLFOOD' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.54   Med: 2.1   Max: 3.76
Current: 1.64

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Jubilant Foodworks was 3.76%. The lowest was 0.54%. And the median was 2.10%.

NSE:JUBLFOOD's Earnings Yield (Joel Greenblatt) % is ranked worse than
64.71% of 357 companies
in the Restaurants industry
Industry Median: 3.58 vs NSE:JUBLFOOD: 1.64

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) %. Jubilant Foodworks's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 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.


Jubilant Foodworks Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Jubilant Foodworks'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.

Jubilant Foodworks Earnings Yield (Joel Greenblatt) % Chart

Jubilant Foodworks Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.66 2.79 1.19 2.04 2.21

Jubilant Foodworks Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.27 2.21 1.82 1.48 1.45

Competitive Comparison of Jubilant Foodworks's Earnings Yield (Joel Greenblatt) %

For the Restaurants subindustry, Jubilant Foodworks'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.


Jubilant Foodworks's Earnings Yield (Joel Greenblatt) % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Jubilant Foodworks's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Jubilant Foodworks 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.

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

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=6899.57/311600.0649
=2.21 %

Jubilant Foodworks's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹5,406 Mil.



Jubilant Foodworks  (NSE:JUBLFOOD) 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.


Jubilant Foodworks Earnings Yield (Joel Greenblatt) % Related Terms

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Jubilant Foodworks (NSE:JUBLFOOD) Business Description

Traded in Other Exchanges
Address
Plot No. H – 10/A, 15th Floor, Tower E, Skymark One, Sector 98, Noida, UP, IND, 201 301
Jubilant Foodworks Ltd has exclusive rights to operate the Domino's Pizza brand in India, Nepal, Bangladesh, and Sri Lanka. The company also has the rights to Dunkin Donuts in India, where it positions the brand as a food cafe that includes burgers, wraps, and sandwiches in addition to donuts and beverages. Virtually all of the company's revenue is generated in India, where the company has more than 1,000 Domino's Pizza restaurants and close to 100 Dunkin Donuts locations. Pizza sales account for roughly three quarters of the company's total revenue.

Jubilant Foodworks (NSE:JUBLFOOD) Headlines

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