Sinergon Holding AD (XBUL:SNRG) Earnings Yield (Joel Greenblatt) % : 29.59% (As of Jun. 2023)

View and export this data going back to 1998. Start your Free Trial

What is Sinergon Holding AD Earnings Yield (Joel Greenblatt) %?

Sinergon Holding AD's Enterprise Value for the quarter that ended in Jun. 2023 was лв25.3 Mil. Sinergon Holding AD's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was лв7.5 Mil. Sinergon Holding AD's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2023 was 29.59%.

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

XBUL:SNRG' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -20.51 Med: -2.42 Max: 870.22
Current: 50.98

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Sinergon Holding AD was 870.22%. The lowest was -20.51%. And the median was -2.42%.

XBUL:SNRG's Earnings Yield (Joel Greenblatt) % is ranked better than
97.25% of 1708 companies
in the Asset Management industry
Industry Median: 0 vs XBUL:SNRG: 50.98

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) %. Sinergon Holding AD's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 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.

Sinergon Holding AD Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Sinergon Holding AD'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.

Sinergon Holding AD Earnings Yield (Joel Greenblatt) % Chart

Sinergon Holding AD Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Earnings Yield (Joel Greenblatt) %

Get a 7-Day Free Trial

-7.63

-12.48

0.76

-11.44

-13.21

Sinergon Holding AD Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Mar23	Jun23
Earnings Yield (Joel Greenblatt) %	Get a 7-Day Free Trial															-13.21	14.60	26.95	303.03	29.59

Competitive Comparison of Sinergon Holding AD's Earnings Yield (Joel Greenblatt) %

For the Asset Management subindustry, Sinergon Holding AD'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.

Sinergon Holding AD's Earnings Yield (Joel Greenblatt) % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Sinergon Holding AD's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Sinergon Holding AD's Earnings Yield (Joel Greenblatt) % falls into.

Sinergon Holding AD 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.

Sinergon Holding ADs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2021 is calculated as

Earnings Yield (Joel Greenblatt)	=	EBIT	/	Enterprise Value
	=	-7.275	/	55.043175
	=	-13.22 %

Sinergon Holding AD's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was лв7.5 Mil.

Sinergon Holding AD (XBUL:SNRG) 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

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.

Sinergon Holding AD Earnings Yield (Joel Greenblatt) % Related Terms

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

Sinergon Holding AD (XBUL:SNRG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Sinergon Holding AD (XBUL:SNRG) » Definitions » Earnings Yield (Joel Greenblatt) %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Solunska Street, Sofia, BGR, 1000

Website

http://www.synergon.bg

Sinergon Holding AD is engaged in acquisition, management, valuation and sales of stake, patents and bonds in Bulgaria and internationally. The company is also engaged in providing tourist services, hotel and restaurant services.