VDM Group (ASX:VMG) Earnings Yield (Joel Greenblatt) %: -1.95% (As of Jun. 2024)

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What is VDM Group Earnings Yield (Joel Greenblatt) %?

VDM Group ASX:VMG Earnings Yield (Joel Greenblatt) % is -1.95% as of Jun. 2024.

VDM Group's Enterprise Value for the quarter that ended in Jun. 2024 was A$17.21 Mil. VDM Group's EBIT for the trailing twelve months (TTM) ended in Jun. 2024 was A$-0.34 Mil. VDM Group's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2024 was -1.95%.

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

ASX:VMG's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Construction industry.
Industry Median: 6.4
* 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) %. VDM Group's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2024 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.


VDM Group  (ASX:VMG) 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.


VDM Group Earnings Yield (Joel Greenblatt) % Related Terms


VDM Group Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for VDM 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.

VDM Group Earnings Yield (Joel Greenblatt) % Chart

VDM Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.46 -2.02 -0.59 -4.76 -1.95

VDM Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.59 0.00 -4.76 0.00 -1.95

ASX:VMG vs PWR, J, ACM: Earnings Yield (Joel Greenblatt) % Comparison

For the Engineering & Construction subindustry, VDM 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.


VDM Group Earnings Yield (Joel Greenblatt) % vs Construction Industry

For the Construction industry and Industrials sector, VDM Group's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



VDM 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.

VDM Groups Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-0.335/17.209661
=-1.95 %

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 -1.95% mean?
VDM Group (ASX:VMG) has a Earnings Yield (Joel Greenblatt) % of -1.95% as of Jun. 2024. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on VDM Group and its competitors.
Is VDM Group's Earnings Yield (Joel Greenblatt) % too high?
VDM Group's current Earnings Yield (Joel Greenblatt) % is -1.95%.
How does VDM Group's Earnings Yield (Joel Greenblatt) % compare to PWR and J?
VDM Group's Earnings Yield (Joel Greenblatt) % of -1.95% can be compared against companies in the Construction industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.40. 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 Construction company?
The median Earnings Yield (Joel Greenblatt) % among Construction companies is 6.40, based on 1,797 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. 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 VDM Group and its competitors. For the Construction industry, the median Earnings Yield (Joel Greenblatt) % is 6.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VDM Group's current Earnings Yield (Joel Greenblatt) % is -1.95%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VDM Group stock overvalued right now?
VDM Group (ASX:VMG) has a current Earnings Yield (Joel Greenblatt) % of -1.95%. The current Earnings Yield (Joel Greenblatt) % is -1.95%. 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 VDM Group (ASX:VMG), the current Earnings Yield (Joel Greenblatt) % is -1.95% as of Jun. 2024. 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.

VDM Group Business Description

Address 420 Bagot Road, Unit 2, Subiaco, Subiaco, WA, AUS, 6008
VDM Group Ltd is an engineering and construction company. The company is an operationally diverse company arranged under two operating divisions: i) construction and ii) mining and exploration. Its activities involve exploration of the Cachoeiras do Binga copper project located in the Republic of Angola (Cachoeiras do Binga); exploration of the Cage Bengo Project located in the Republic of Angola (Cage Bengo); and review of new project opportunities.