GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Compania Chilena de Fosforos SA (XSGO:FOSFOROS) » Definitions » Earnings Yield (Joel Greenblatt) %

Compania Chilena de Fosforos (XSGO:FOSFOROS) Earnings Yield (Joel Greenblatt) % : 1.77% (As of Dec. 2023)


View and export this data going back to 1982. Start your Free Trial

What is Compania Chilena de Fosforos Earnings Yield (Joel Greenblatt) %?

Compania Chilena de Fosforos's Enterprise Value for the quarter that ended in Dec. 2023 was CLP62,203 Mil. Compania Chilena de Fosforos's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was CLP1,098 Mil. Compania Chilena de Fosforos's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 1.77%.

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

XSGO:FOSFOROS' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1.01   Med: 4.22   Max: 29.14
Current: 1.96

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Compania Chilena de Fosforos was 29.14%. The lowest was -1.01%. And the median was 4.22%.

XSGO:FOSFOROS's Earnings Yield (Joel Greenblatt) % is ranked worse than
62% of 300 companies
in the Forest Products industry
Industry Median: 3.945 vs XSGO:FOSFOROS: 1.96

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) %. Compania Chilena de Fosforos's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 was -40.89%. 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.


Compania Chilena de Fosforos Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Compania Chilena de Fosforos'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.

Compania Chilena de Fosforos Earnings Yield (Joel Greenblatt) % Chart

Compania Chilena de Fosforos 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 4.83 3.58 1.80 1.53 1.77

Compania Chilena de Fosforos 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 1.53 1.16 0.98 -1.01 1.77

Competitive Comparison of Compania Chilena de Fosforos's Earnings Yield (Joel Greenblatt) %

For the Lumber & Wood Production subindustry, Compania Chilena de Fosforos'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.


Compania Chilena de Fosforos's Earnings Yield (Joel Greenblatt) % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Compania Chilena de Fosforos's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Compania Chilena de Fosforos's Earnings Yield (Joel Greenblatt) % falls into.



Compania Chilena de Fosforos 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.

Compania Chilena de Fosfoross Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=1098.366/62203.195
=1.77 %

Compania Chilena de Fosforos'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 CLP1,098 Mil.



Compania Chilena de Fosforos  (XSGO:FOSFOROS) 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.


Compania Chilena de Fosforos Earnings Yield (Joel Greenblatt) % Related Terms

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


Compania Chilena de Fosforos (XSGO:FOSFOROS) Business Description

Traded in Other Exchanges
N/A
Address
Los Conquistadores 1700, Piso 15 Providencia, Santiago, CHL
Compania Chilena de Fosforos SA manufactures and trades safety matches. The company exports splints, matches, ice cream sticks, chopsticks, paint paddles, and other wooden microproducts to Wall Mart, Home Depot, and Unilever. It sales its products under Los Andes and Copihue brands in the national market, and for overseas its brands are Monarca and Penley.

Compania Chilena de Fosforos (XSGO:FOSFOROS) Headlines

No Headlines