What is Bharat Electronics Earnings Yield (Joel Greenblatt) %?
Bharat Electronics's Enterprise Value for the quarter that ended in Mar. 2025 was ₹2,104,643 Mil.
Bharat Electronics's EBIT for the trailing twelve months (TTM) ended in Mar. 2025 was ₹71,087 Mil. Bharat Electronics's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2025 was 3.38%.
The historical rank and industry rank for Bharat Electronics's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
BOM:500049'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.85 Med: 6.05 Max: 19.23
Current: 2.35
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Bharat Electronics was 19.23%. The lowest was 0.85%. And the median was 6.05%.
BOM:500049's Earnings Yield (Joel Greenblatt) % is ranked better than 52.32% of 323
companies
in the Aerospace & Defense industry
Industry Median: 2.21
vs BOM:500049: 2.35
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) %. Bharat Electronics's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2025 was 20.00%. 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.
Bharat Electronics Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Bharat Electronics'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.
Competitive Comparison of Bharat Electronics's Earnings Yield (Joel Greenblatt) %
For the Aerospace & Defense subindustry, Bharat Electronics'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.
Bharat Electronics's Earnings Yield (Joel Greenblatt) % Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Bharat Electronics's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Bharat Electronics'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.
Bharat Electronicss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2025 is calculated as
Bharat Electronics's EBIT for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹71,087 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.
Bharat Electronics Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Bharat Electronics's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Bharat Electronics Ltd is an aerospace and defense company owned by the Indian government. It manufactures a wide range of specialized electronics and equipment for defense and civilian use. Its investments are made in research and development to meet the ever-changing needs of customers and to test products in its pipeline. Its product portfolio includes unmanned systems, land-based radars, batteries, weapon systems, fuzes, simulators, and jammers among others. It also provides cybersecurity and software products. A majority of the company's revenue is derived from the defense sector. Geographically, the company's key revenue is derived from India and it also has international customers from countries like the United Kingdom, Israel, and others.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BOM:500049 has been successfully added to your 