What is Blue Ridge Real Estate Co Earnings Yield (Joel Greenblatt) %?
Blue Ridge Real Estate Co's Enterprise Value for the quarter that ended in Apr. 2017 was $17.95 Mil.
Blue Ridge Real Estate Co's EBIT for the trailing twelve months (TTM) ended in Apr. 2017 was $0.41 Mil. Blue Ridge Real Estate Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Apr. 2017 was 2.30%.
The historical rank and industry rank for Blue Ridge Real Estate Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
BRRE's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Travel & Leisure industry.
Industry Median: 4.32 * Ranked among companies with meaningful Earnings Yield (Joel Greenblatt) % only.
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) %. Blue Ridge Real Estate Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Apr. 2017 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.
Blue Ridge Real Estate Co Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Blue Ridge Real Estate Co'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.
Blue Ridge Real Estate Co Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of Blue Ridge Real Estate Co's Earnings Yield (Joel Greenblatt) %
For the Resorts & Casinos subindustry, Blue Ridge Real Estate Co'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.
Blue Ridge Real Estate Co's Earnings Yield (Joel Greenblatt) % Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Blue Ridge Real Estate Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Blue Ridge Real Estate Co's Earnings Yield (Joel Greenblatt) % falls into.
Blue Ridge Real Estate Co 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.
Blue Ridge Real Estate Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Oct. 2016 is calculated as
Blue Ridge Real Estate Co's EBIT for the trailing twelve months (TTM) ended in Apr. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.41 Mil.
Blue Ridge Real Estate Co (OTCPK:BRRE) 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.
Blue Ridge Real Estate Co Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Blue Ridge Real Estate Co's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Blue Ridge Real Estate Co (Blue Ridge Real Estate Co) Business Description
Blue Ridge Real Estate Co is a company that is engaged in real estate development and its operations. It functions under various segments such as Resort Operations, Real Estate Management/Rental Operations, and Land Resource Management. The company generates the majority of its revenue from Resort Operations, which consist of amenities surrounding Big Boulder Lake. Its landholdings are suited for various uses from resort residential to commercial or industrial development.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BRRE has been successfully added to your 