US Residential Fund (ASX:USR) Earnings Yield (Joel Greenblatt) %: 285.71% (As of Dec. 2018)

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What is US Residential Fund Earnings Yield (Joel Greenblatt) %?

US Residential Fund ASX:USR Earnings Yield (Joel Greenblatt) % is 285.71% as of Dec. 2018.

US Residential Fund's Enterprise Value for the quarter that ended in Dec. 2018 was A$-0.94 Mil. US Residential Fund's EBIT for the trailing twelve months (TTM) ended in Dec. 2018 was A$-1.85 Mil. US Residential Fund's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2018 was 285.71%.

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

ASX:USR's Earnings Yield (Joel Greenblatt) % is not ranked *
in the REITs industry.
Industry Median: 3.4
* Ranked among companies with meaningful Earnings Yield (Joel Greenblatt) % only.

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) %. US Residential Fund's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2018 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five 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.


US Residential Fund  (ASX:USR) 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.


US Residential Fund Earnings Yield (Joel Greenblatt) % Related Terms


US Residential Fund Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for US Residential Fund'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.

US Residential Fund Earnings Yield (Joel Greenblatt) % Chart

US Residential Fund Annual Data
Trend Dec15 Dec16 Dec18
Earnings Yield (Joel Greenblatt) %
14.37 -20.70 285.71

US Residential Fund Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial -20.70 0.00 8.31 0.00 285.71

ASX:USR vs RVEN, SACH, OAKS: Earnings Yield (Joel Greenblatt) % Comparison

For the REIT - Residential subindustry, US Residential Fund'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.


US Residential Fund Earnings Yield (Joel Greenblatt) % vs REITs Industry

For the REITs industry and Real Estate sector, US Residential Fund's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where US Residential Fund's Earnings Yield (Joel Greenblatt) % falls into.



US Residential Fund 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.

US Residential Funds Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2018 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-1.845/-0.936
=197.12 %

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.


What does a Earnings Yield (Joel Greenblatt) % of 285.71% mean?
US Residential Fund (ASX:USR) has a Earnings Yield (Joel Greenblatt) % of 285.71% as of Dec. 2018. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on US Residential Fund and its competitors.
Is US Residential Fund's Earnings Yield (Joel Greenblatt) % too high?
US Residential Fund's current Earnings Yield (Joel Greenblatt) % is 285.71%. The REITs industry median Earnings Yield (Joel Greenblatt) % is 3.40. US Residential Fund's value of 285.71% is 8303.2% above this industry median.
How does US Residential Fund's Earnings Yield (Joel Greenblatt) % compare to RVEN and SACH?
US Residential Fund's Earnings Yield (Joel Greenblatt) % of 285.71% can be compared against companies in the REITs industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.40. US Residential Fund's value of 285.71% is 8303.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a REITs company?
The median Earnings Yield (Joel Greenblatt) % among REITs companies is 3.40, based on 960 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. US Residential Fund's current Earnings Yield (Joel Greenblatt) % of 285.71% is 8303.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on US Residential Fund and its competitors. For the REITs industry, the median Earnings Yield (Joel Greenblatt) % is 3.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. US Residential Fund's current Earnings Yield (Joel Greenblatt) % is 285.71%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is US Residential Fund stock overvalued right now?
US Residential Fund (ASX:USR) has a current Earnings Yield (Joel Greenblatt) % of 285.71%. The current Earnings Yield (Joel Greenblatt) % is 285.71% and 8303.2% above the REITs industry median of 3.40. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For US Residential Fund (ASX:USR), the current Earnings Yield (Joel Greenblatt) % is 285.71% as of Dec. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

US Residential Fund Business Description

Industry Real EstateREITs
Address 201 Sussex Street, Level 20, Tower 2, Darling Park, Sydney, NSW, AUS, 2000
US Residential Fund is a real estate investment trust. The group operates in the United States residential property market. The investment objectives of the fund are expanding and diversifying in the United States residential market through direct and indirect property investments, utilizing both debt and equity instruments to facilitate the transactions.