GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Inwido AB (OSTO:INWI) » Definitions » Earnings Yield (Joel Greenblatt) %

Inwido AB (OSTO:INWI) Earnings Yield (Joel Greenblatt) % : 9.18% (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Inwido AB Earnings Yield (Joel Greenblatt) %?

Inwido AB's Enterprise Value for the quarter that ended in Mar. 2024 was kr10,297 Mil. Inwido AB's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was kr945 Mil. Inwido AB's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2024 was 9.18%.

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

OSTO:INWI' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.53   Med: 8.62   Max: 16.66
Current: 9.23

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Inwido AB was 16.66%. The lowest was 4.53%. And the median was 8.62%.

OSTO:INWI's Earnings Yield (Joel Greenblatt) % is ranked better than
63.69% of 1702 companies
in the Construction industry
Industry Median: 6.39 vs OSTO:INWI: 9.23

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) %. Inwido AB's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2024 was 21.54%. 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.


Inwido AB Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Inwido AB'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.

Inwido AB Earnings Yield (Joel Greenblatt) % Chart

Inwido AB 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 9.87 8.31 7.97 14.77 11.07

Inwido AB 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 14.45 15.85 13.26 11.07 9.18

Competitive Comparison of Inwido AB's Earnings Yield (Joel Greenblatt) %

For the Building Products & Equipment subindustry, Inwido AB'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.


Inwido AB's Earnings Yield (Joel Greenblatt) % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Inwido AB's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Inwido AB 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.

Inwido ABs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=1020.3/9209.806
=11.08 %

Inwido AB'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 kr945 Mil.



Inwido AB  (OSTO:INWI) 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.


Inwido AB Earnings Yield (Joel Greenblatt) % Related Terms

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


Inwido AB (OSTO:INWI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Inwido AB (OSTO:INWI) » Definitions » Earnings Yield (Joel Greenblatt) %
Traded in Other Exchanges
Address
Engelbrektsgatan 15, Malmo, SWE, SE-211 33
Inwido AB is a building material company that supplies both windows and doors. The company sells these products through three outlets, which include sales to manufacturers of prefabricated homes, construction companies, and direct to consumers. Inwido sells corporate brands such as Elitfonster and Tiivi. The majority of the company's revenue comes from Sweden. In addition to Inwindo's diversified product portfolio of doors and windows, the company offers "smart windows" that have antibacterial glass, integrated camera surveillance, and locks that can be operated via mobile phone apps. Inwido divides the business into four operating segments. The four segments are Scandinavia, Eastern Europe, e-Commerce, and Western Europe, out of which the majority is from the Scandinavia segment.

Inwido AB (OSTO:INWI) Headlines

No Headlines