What is Manoj Vaibhav Gems N Jewellers Earnings Yield (Joel Greenblatt) %?
Manoj Vaibhav Gems N Jewellers's Enterprise Value for the quarter that ended in Mar. 2024 was ₹14,645 Mil.
Manoj Vaibhav Gems N Jewellers's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ₹1,532 Mil. Manoj Vaibhav Gems N Jewellers's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2024 was 10.46%.
The historical rank and industry rank for Manoj Vaibhav Gems N Jewellers's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
BOM:543995'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.19 Med: 7.91 Max: 12.45
Current: 10.99
During the past 5 years, the highest Earnings Yield (Joel Greenblatt) of Manoj Vaibhav Gems N Jewellers was 12.45%. The lowest was 6.19%. And the median was 7.91%.
BOM:543995's Earnings Yield (Joel Greenblatt) % is ranked better than 79.35% of 1114
companies
in the Retail - Cyclical industry
Industry Median: 4.875
vs BOM:543995: 10.99
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) %. Manoj Vaibhav Gems N Jewellers's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2024 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.
Manoj Vaibhav Gems N Jewellers Earnings Yield (Joel Greenblatt) % Historical Data
* 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.
Competitive Comparison of Manoj Vaibhav Gems N Jewellers's Earnings Yield (Joel Greenblatt) %
For the Luxury Goods subindustry, Manoj Vaibhav Gems N Jewellers'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.
Manoj Vaibhav Gems N Jewellers's Earnings Yield (Joel Greenblatt) % Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Manoj Vaibhav Gems N Jewellers's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Manoj Vaibhav Gems N Jewellers'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.
Manoj Vaibhav Gems N Jewellerss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2024 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.
Manoj Vaibhav Gems N Jewellers Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Manoj Vaibhav Gems N Jewellers's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Manoj Vaibhav Gems N Jewellers (BOM:543995) Business Description
Manoj Vaibhav Gems N Jewellers Ltd is a leading regional jewellery brand in South India led by a first-generation woman entrepreneur. It is a hyperlocal jewellery retail chain with a presence in the micro markets of Andhra Pradesh & Telangana with 13 showrooms (inclusive of two franchisee showrooms) across 8 towns and 2 cities. It caters to all economic segments of the micro markets of Andhra Pradesh and Telangana through its dedicated branded showrooms and has a strong rural market focus and a dedicated urban focus also. The company positioned itself as a retailer focussed on Relationships, by Design where it focuses on offering designs, high quality, transparency and customer service to its customers.
Manoj Vaibhav Gems N Jewellers (BOM:543995) Headlines
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