What is OC Oerlikon AG, Pfaffikon Earnings Yield (Joel Greenblatt) %?
OC Oerlikon AG, Pfaffikon's Enterprise Value for the quarter that ended in Dec. 2023 was CHF2,411 Mil.
OC Oerlikon AG, Pfaffikon's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was CHF119 Mil. OC Oerlikon AG, Pfaffikon's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 4.94%.
The historical rank and industry rank for OC Oerlikon AG, Pfaffikon's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
XSWX:OERL'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -11.45 Med: 7.22 Max: 13.78
Current: 4.33
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of OC Oerlikon AG, Pfaffikon was 13.78%. The lowest was -11.45%. And the median was 7.22%.
XSWX:OERL's Earnings Yield (Joel Greenblatt) % is ranked better than 51.15% of 3042
companies
in the Industrial Products industry
Industry Median: 4.185
vs XSWX:OERL: 4.33
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) %. OC Oerlikon AG, Pfaffikon's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 was 8.87%. 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.
The historical data trend for OC Oerlikon AG, Pfaffikon'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 Specialty Industrial Machinery subindustry, OC Oerlikon AG, Pfaffikon'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.
OC Oerlikon AG, Pfaffikon's Earnings Yield (Joel Greenblatt) % Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, OC Oerlikon AG, Pfaffikon's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where OC Oerlikon AG, Pfaffikon'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.
OC Oerlikon AG, Pfaffikons Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as
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.
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.
Thank you for viewing the detailed overview of OC Oerlikon AG, Pfaffikon's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
OC Oerlikon AG, Pfaffikon (XSWX:OERL) Business Description
OC Oerlikon Corp AG, Pfaffikon engineers protective coatings for precision tools and components and equipment for textile production. The company has two operating segments namely Surface Solutions Division and Polymer Processing Solutions Division. It generates maximum revenue from the Polymer Processing Solutions Division segment. The Polymer Processing Solutions Division is a world market leader for solutions and systems used to manufacture manmade fibers that enable customers to produce high-quality synthetic fibers.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
XSWX:OERL has been successfully added to your 