What is Kaarya Facilities & Services Earnings Yield (Joel Greenblatt) %?
Kaarya Facilities & Services's Enterprise Value for the quarter that ended in Sep. 2023 was ₹95.1 Mil.
Kaarya Facilities & Services's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was ₹-66.3 Mil. Kaarya Facilities & Services's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2023 was 0.00%.
The historical rank and industry rank for Kaarya Facilities & Services's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
BOM:540756'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -66.23 Med: 5.06 Max: 28.81
Current: -66.23
During the past 11 years, the highest Earnings Yield (Joel Greenblatt) of Kaarya Facilities & Services was 28.81%. The lowest was -66.23%. And the median was 5.06%.
BOM:540756's Earnings Yield (Joel Greenblatt) % is not ranked
in the Business Services industry.
Industry Median: 5.485
vs BOM:540756: -66.23
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) %. Kaarya Facilities & Services's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 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.
The historical data trend for Kaarya Facilities & Services'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 Business Services subindustry, Kaarya Facilities & Services'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.
Kaarya Facilities & Services's Earnings Yield (Joel Greenblatt) % Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Kaarya Facilities & Services's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Kaarya Facilities & Services'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.
Kaarya Facilities & Servicess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 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 Kaarya Facilities & Services's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Kaarya Facilities & Services (BOM:540756) Business Description
Kaarya Facilities & Services Ltd is a facility management services company. The services given by the company includes Property Management/Facilities Management service like End-to-end management of Real Estate, Property Operations and Maintenance, On-site Facility Management, etc; Specialized services like Housekeeping, Pest Control, Specialized Cleaning, etc; and Engineering Services like Electro-mechanical operations, electrical and plumbing systems, HVAC, Fire alarm and Safety, etc.
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