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L D C (XPAR:LOUP) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Aug. 2023)


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What is L D C Earnings Yield (Joel Greenblatt) %?

L D C's Enterprise Value for the quarter that ended in Aug. 2023 was €2,448 Mil. L D C's EBIT for the trailing twelve months (TTM) ended in Aug. 2023 was €390 Mil. L D C's Earnings Yield (Joel Greenblatt) for the quarter that ended in Aug. 2023 was 0.00%.

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

XPAR:LOUP' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 7.8   Med: 10.8   Max: 15.06
Current: 14.82

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of L D C was 15.06%. The lowest was 7.80%. And the median was 10.80%.

XPAR:LOUP's Earnings Yield (Joel Greenblatt) % is ranked better than
86.83% of 1951 companies
in the Consumer Packaged Goods industry
Industry Median: 4.86 vs XPAR:LOUP: 14.82

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) %. L D C's Forward Rate of Return (Yacktman) % for the quarter that ended in Aug. 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.


L D C Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for L D C'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.

L D C Earnings Yield (Joel Greenblatt) % Chart

L D C Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.12 10.31 10.05 11.71 14.58

L D C Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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 - 11.71 - 14.58 -

Competitive Comparison of L D C's Earnings Yield (Joel Greenblatt) %

For the Packaged Foods subindustry, L D C'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.


L D C's Earnings Yield (Joel Greenblatt) % Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where L D C's Earnings Yield (Joel Greenblatt) % falls into.



L D C 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.

L D Cs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Feb. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=307.727/2112.5288
=14.57 %

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.



L D C  (XPAR:LOUP) 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.


L D C Earnings Yield (Joel Greenblatt) % Related Terms

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L D C (XPAR:LOUP) Business Description

Traded in Other Exchanges
Address
ZI Saint-Laurent, Sable-sur-Sarthe, Paris, FRA, 72302
L D C SA is a food processing company that provides poultry products, as well as a range of delicatessen food. It operates its business in four segments Upstream division, Poultry division, The Delicatessen division, and International division. The upstream division is responsible for branch management. Poultry division is engaged in the poultry, pig and cattle farming, as well as egg production and others. The Delicatessen division offers ready-to-eat meals and snacks like pizzas, sandwiches, tarts and desserts. The International division focuses on international development with countries specific strategies.

L D C (XPAR:LOUP) Headlines