What is COL Financial Group Earnings Yield (Joel Greenblatt) %?
COL Financial Group's Enterprise Value for the quarter that ended in Dec. 2023 was ₱2,598 Mil.
COL Financial Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₱563 Mil. COL Financial Group's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 21.65%.
The historical rank and industry rank for COL Financial Group's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
PHS:COL'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2734.59 Med: 8.82 Max: 31586.56
Current: 61.53
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of COL Financial Group was 31586.56%. The lowest was -2734.59%. And the median was 8.82%.
PHS:COL's Earnings Yield (Joel Greenblatt) % is ranked better than 95.55% of 786
companies
in the Capital Markets industry
Industry Median: 2.505
vs PHS:COL: 61.53
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) %. COL Financial Group's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 was -4.26%. 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.
COL Financial Group Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for COL Financial Group'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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COL Financial Group Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of COL Financial Group's Earnings Yield (Joel Greenblatt) %
For the Capital Markets subindustry, COL Financial Group'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.
COL Financial Group's Earnings Yield (Joel Greenblatt) % Distribution in the Capital Markets Industry
For the Capital Markets industry and Financial Services sector, COL Financial Group's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where COL Financial Group's Earnings Yield (Joel Greenblatt) % falls into.
COL Financial Group 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.
COL Financial Groups Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as
COL Financial Group'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 ₱563 Mil.
COL Financial Group (PHS:COL) 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.
COL Financial Group Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of COL Financial Group's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
COL Financial Group (PHS:COL) Business Description
COL Financial Group Inc together with its subsidiary provides online financial services in the Philippines. Its proprietary online trading platform, provides real-time market information and execution, investing tools and functionalities, and stock market research and analysis. The company is also involved in the provision of financial advisory services; and gathering and distribution of financial and investment information and statistics, as well as acts as a financial, commercial, or business representative. Its operating segment being stock brokerage services and others. The company generates maximum revenue from stock brokerage services segment. Geographically, it derives a majority of revenue from the Philippines.
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