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BIOX (Bioceres Crop Solutions) Earnings Yield (Joel Greenblatt) % : 3.42% (As of Sep. 2024)


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What is Bioceres Crop Solutions Earnings Yield (Joel Greenblatt) %?

Bioceres Crop Solutions's Enterprise Value for the quarter that ended in Sep. 2024 was $741.6 Mil. Bioceres Crop Solutions's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was $25.4 Mil. Bioceres Crop Solutions's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2024 was 3.42%.

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

BIOX' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.27   Med: 4.25   Max: 10.8
Current: 3.98

During the past 7 years, the highest Earnings Yield (Joel Greenblatt) of Bioceres Crop Solutions was 10.80%. The lowest was 0.27%. And the median was 4.25%.

BIOX's Earnings Yield (Joel Greenblatt) % is ranked worse than
50.38% of 262 companies
in the Agriculture industry
Industry Median: 3.995 vs BIOX: 3.98

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) %. Bioceres Crop Solutions's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2024 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.


Bioceres Crop Solutions Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Bioceres Crop Solutions'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.

Bioceres Crop Solutions Earnings Yield (Joel Greenblatt) % Chart

Bioceres Crop Solutions Annual Data
Trend Jan18 Jan19 Jun20 Jun21 Jun22 Jun23 Jun24
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial 7.81 4.05 3.67 3.78 3.68

Bioceres Crop Solutions Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 3.53 4.57 3.06 3.68 3.42

Competitive Comparison of Bioceres Crop Solutions's Earnings Yield (Joel Greenblatt) %

For the Agricultural Inputs subindustry, Bioceres Crop Solutions'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.


Bioceres Crop Solutions's Earnings Yield (Joel Greenblatt) % Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Bioceres Crop Solutions's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Bioceres Crop Solutions's Earnings Yield (Joel Greenblatt) % falls into.



Bioceres Crop Solutions 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.

Bioceres Crop Solutionss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=34.16/929.296505
=3.68 %

Bioceres Crop Solutions's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $25.4 Mil.



Bioceres Crop Solutions  (NAS:BIOX) 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.


Bioceres Crop Solutions Earnings Yield (Joel Greenblatt) % Related Terms

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Bioceres Crop Solutions Business Description

Traded in Other Exchanges
Address
Ocampo 210 Bis, Predio CCT, Province of Santa Fe, Rosario, ARG, 2000
Bioceres Crop Solutions Corp is a fully integrated provider of crop productivity solutions, including seeds, seed traits, seed treatments, biologicals, high-value adjuvants, and fertilizers. The company has developed a multi-discipline and multi-product platform capable of providing solutions throughout the entire crop cycle, from pre-planting to transportation and storage. Some of the products offered by the company include fertilizers, inoculants, adjuvants, crop protection solutions, and seeds among others. Its operating segments are crop protection, which derives key revenue, seed and integrated products, and crop nutrition. Geographically, the majority of the company's revenue is generated from Argentina and the rest from Brazil, North America, Latin America, and other regions.