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Fundo DE Investimento Imobiliario VBI Prime Properties (BSP:PVBI11) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Jun. 2022)


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What is Fundo DE Investimento Imobiliario VBI Prime Properties Earnings Yield (Joel Greenblatt) %?

Fundo DE Investimento Imobiliario VBI Prime Properties's Enterprise Value for the quarter that ended in Jun. 2022 was R$0.0 Mil. Fundo DE Investimento Imobiliario VBI Prime Properties does not have enough years/quarters to calculate its EBIT for the trailing twelve months (TTM) ended in Jun. 2022. Therefore, GuruFocus does not calculate Fundo DE Investimento Imobiliario VBI Prime Properties's Earnings Yield (Joel Greenblatt) at this moment.

The historical rank and industry rank for Fundo DE Investimento Imobiliario VBI Prime Properties's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

BSP:PVBI11' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 9.94   Med: 10.14   Max: 10.85
Current: 10.7

During the past 3 years, the highest Earnings Yield (Joel Greenblatt) of Fundo DE Investimento Imobiliario VBI Prime Properties was 10.85%. The lowest was 9.94%. And the median was 10.14%.

BSP:PVBI11's Earnings Yield (Joel Greenblatt) % is ranked better than
87.57% of 901 companies
in the REITs industry
Industry Median: 2.79 vs BSP:PVBI11: 10.70

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) %. Fundo DE Investimento Imobiliario VBI Prime Properties's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2022 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.


Fundo DE Investimento Imobiliario VBI Prime Properties Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Fundo DE Investimento Imobiliario VBI Prime Properties'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.

Fundo DE Investimento Imobiliario VBI Prime Properties Earnings Yield (Joel Greenblatt) % Chart

Fundo DE Investimento Imobiliario VBI Prime Properties Annual Data
Trend Jun21 Jun22 Jun23
Earnings Yield (Joel Greenblatt) %
- - -

Fundo DE Investimento Imobiliario VBI Prime Properties Quarterly Data
Jun21 Jun22 Jun23
Earnings Yield (Joel Greenblatt) % - - -

Competitive Comparison of Fundo DE Investimento Imobiliario VBI Prime Properties's Earnings Yield (Joel Greenblatt) %

For the REIT - Diversified subindustry, Fundo DE Investimento Imobiliario VBI Prime Properties'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.


Fundo DE Investimento Imobiliario VBI Prime Properties's Earnings Yield (Joel Greenblatt) % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Fundo DE Investimento Imobiliario VBI Prime Properties's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Fundo DE Investimento Imobiliario VBI Prime Properties's Earnings Yield (Joel Greenblatt) % falls into.



Fundo DE Investimento Imobiliario VBI Prime Properties 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.

Fundo DE Investimento Imobiliario VBI Prime Propertiess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=124.715/0
= %



Fundo DE Investimento Imobiliario VBI Prime Properties  (BSP:PVBI11) 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.


Fundo DE Investimento Imobiliario VBI Prime Properties Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Fundo DE Investimento Imobiliario VBI Prime Properties's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Fundo DE Investimento Imobiliario VBI Prime Properties (BSP:PVBI11) Business Description

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Fundo DE Investimento Imobiliario VBI Prime Properties is a real estate investment trust in the commercial buildings segment.

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