GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Rush Factory PLC (OHEL:RUSH) » Definitions » Earnings Yield (Joel Greenblatt) %

Rush Factory (OHEL:RUSH) Earnings Yield (Joel Greenblatt) % : 0.19% (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Rush Factory Earnings Yield (Joel Greenblatt) %?

Rush Factory's Enterprise Value for the quarter that ended in Dec. 2023 was €2.07 Mil. Rush Factory's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was €0.00 Mil. Rush Factory's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 0.19%.

The historical rank and industry rank for Rush Factory's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

OHEL:RUSH' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -80.89   Med: -4.46   Max: 33
Current: 0.32

During the past 8 years, the highest Earnings Yield (Joel Greenblatt) of Rush Factory was 33.00%. The lowest was -80.89%. And the median was -4.46%.

OHEL:RUSH's Earnings Yield (Joel Greenblatt) % is ranked worse than
74.89% of 1107 companies
in the Business Services industry
Industry Median: 5.46 vs OHEL:RUSH: 0.32

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) %. Rush Factory'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.


Rush Factory Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Rush Factory'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.

Rush Factory Earnings Yield (Joel Greenblatt) % Chart

Rush Factory Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial 5.30 -31.65 8.08 -38.61 0.19

Rush Factory Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.08 - -38.61 - 0.19

Competitive Comparison of Rush Factory's Earnings Yield (Joel Greenblatt) %

For the Specialty Business Services subindustry, Rush Factory'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.


Rush Factory's Earnings Yield (Joel Greenblatt) % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Rush Factory's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Rush Factory's Earnings Yield (Joel Greenblatt) % falls into.



Rush Factory 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.

Rush Factorys Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=0.004/2.065656
=0.19 %

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.



Rush Factory  (OHEL:RUSH) 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.


Rush Factory Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Rush Factory's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Rush Factory (OHEL:RUSH) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Valtakatu 7, Rauma, FIN, 26100
Rush Factory PLC operates as an event management company. It owns, develops, and executes sports and leisure event tours.

Rush Factory (OHEL:RUSH) Headlines

No Headlines