What is Origin Energy Earnings Yield (Joel Greenblatt) %?
Origin Energy's Enterprise Value for the quarter that ended in Dec. 2023 was $10,953 Mil.
Origin Energy's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $1,538 Mil. Origin Energy's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 0.00%.
The historical rank and industry rank for Origin Energy's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
OGFGY'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -14.09 Med: 3.3 Max: 12.63
Current: 12.14
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Origin Energy was 12.63%. The lowest was -14.09%. And the median was 3.30%.
OGFGY's Earnings Yield (Joel Greenblatt) % is ranked better than 68.76% of 1098
companies
in the Oil & Gas industry
Industry Median: 6.495
vs OGFGY: 12.14
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) %. Origin Energy's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 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.
Origin Energy Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Origin Energy'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.
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Origin Energy Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of Origin Energy's Earnings Yield (Joel Greenblatt) %
For the Oil & Gas Integrated subindustry, Origin Energy'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.
Origin Energy's Earnings Yield (Joel Greenblatt) % Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Origin Energy's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Origin Energy's Earnings Yield (Joel Greenblatt) % falls into.
Origin Energy 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.
Origin Energys Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 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.
Origin Energy (OTCPK:OGFGY) 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.
Origin Energy Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Origin Energy's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Origin Energy (Origin Energy) Business Description
Origin Energy is a major vertically integrated Australian energy utility. Its energy retailing business is the largest in Australia, with about 4 million customers and a 33% market share. Its portfolio of base-load, intermediate, and peaking electricity plants is one of the largest in the national electricity market, with a capacity of 6,000 megawatts. Origin also operates and owns 27.5% of Australia Pacific LNG, which owns large coal seam gas fields and LNG export facilities in Queensland.
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