What is Jastrzebska Spolka Weglowa Earnings Yield (Joel Greenblatt) %?
Jastrzebska Spolka Weglowa's Enterprise Value for the quarter that ended in Dec. 2023 was zł4,918 Mil.
Jastrzebska Spolka Weglowa's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was zł3,142 Mil. Jastrzebska Spolka Weglowa's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 63.69%.
The historical rank and industry rank for Jastrzebska Spolka Weglowa's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
WAR:JSW'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -153.79 Med: 12.22 Max: 805.32
Current: 102.04
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Jastrzebska Spolka Weglowa was 805.32%. The lowest was -153.79%. And the median was 12.22%.
WAR:JSW's Earnings Yield (Joel Greenblatt) % is ranked better than 98.28% of 639
companies
in the Steel industry
Industry Median: 6.83
vs WAR:JSW: 102.04
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) %. Jastrzebska Spolka Weglowa'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.
Jastrzebska Spolka Weglowa Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Jastrzebska Spolka Weglowa'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 Coking Coal subindustry, Jastrzebska Spolka Weglowa'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.
Jastrzebska Spolka Weglowa's Earnings Yield (Joel Greenblatt) % Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Jastrzebska Spolka Weglowa's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Jastrzebska Spolka Weglowa'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.
Jastrzebska Spolka Weglowas Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as
Jastrzebska Spolka Weglowa'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 zł3,142 Mil.
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.
Jastrzebska Spolka Weglowa Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Jastrzebska Spolka Weglowa's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Jastrzebska Spolka Weglowa (WAR:JSW) Business Description
Jastrzebska Spolka Weglowa SA is a coal producer, based in Poland, and it is one of the major producers within the European Union. The company predominantly produces hard coking coal which is an essential component in the production of steel, and in its coking plants, the company processes approximately half of the coking coal it produces. Additionally, the company is engaged in natural gas mining and generation, transmission and distribution of electricity. The company's products are sold domestically as well as to Germany, Austria, the Czech Republic, Slovakia, Romania and Hungary.
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