Sify Technologies's Enterprise Value for the quarter that ended in Dec. 2023 was $341.6 Mil.
Sify Technologies's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $19.3 Mil. Sify Technologies's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 5.65%.
The historical rank and industry rank for Sify Technologies's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
SIFY'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.26 Med: 6.47 Max: 19.6
Current: 3.92
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Sify Technologies was 19.60%. The lowest was 2.26%. And the median was 6.47%.
SIFY's Earnings Yield (Joel Greenblatt) % is ranked worse than 58.15% of 399
companies
in the Telecommunication Services industry
Industry Median: 5.51
vs SIFY: 3.92
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) %. Sify Technologies'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.
Sify Technologies Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Sify Technologies'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.
For the Telecom Services subindustry, Sify Technologies'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.
Sify Technologies Earnings Yield (Joel Greenblatt) % Distribution
For the Telecommunication Services industry and Communication Services sector, Sify Technologies's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Sify Technologies'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.
Sify Technologiess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2023 is calculated as
Sify Technologies's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $19.3 Mil.
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.
Sify Technologies Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Sify Technologies's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Sify Technologies (Sify Technologies) Business Description
Sify Technologies Ltd is a provider of corporate network services in India. The firm is also the fifth Internet access provider in the country. Sify controls the network of franchised cybercafes in India and owns several popular Internet portals, one of which--Sify.com--is among India's top 10 sites in terms of traffic. The firm's revenue is derived from segment services to enterprise customers, comprising Network services, Data Center services, Cloud and Managed Services, Technology Integration Services, and Applications Integration services. The Group has two geographic segments India and the rest of the world.
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