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Automobile of GOA (BOM:505036) Earnings Yield (Joel Greenblatt) % : 9.41% (As of Mar. 2025)


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What is Automobile of GOA Earnings Yield (Joel Greenblatt) %?

Automobile of GOA's Enterprise Value for the quarter that ended in Mar. 2025 was ₹6,651 Mil. Automobile of GOA's EBIT for the trailing twelve months (TTM) ended in Mar. 2025 was ₹626 Mil. Automobile of GOA's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2025 was 9.41%.

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

BOM:505036' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -6.95   Med: 6.11   Max: 12.26
Current: 6.35

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Automobile of GOA was 12.26%. The lowest was -6.95%. And the median was 6.11%.

BOM:505036's Earnings Yield (Joel Greenblatt) % is ranked better than
54.9% of 1326 companies
in the Vehicles & Parts industry
Industry Median: 5.395 vs BOM:505036: 6.35

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) %. Automobile of GOA's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2025 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.


Automobile of GOA Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Automobile of GOA'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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Automobile of GOA Earnings Yield (Joel Greenblatt) % Chart

Automobile of GOA Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.35 0.58 7.74 3.82 9.41

Automobile of GOA Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 3.82 4.25 3.79 4.16 9.41

Competitive Comparison of Automobile of GOA's Earnings Yield (Joel Greenblatt) %

For the Auto Parts subindustry, Automobile of GOA'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.


Automobile of GOA's Earnings Yield (Joel Greenblatt) % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Automobile of GOA's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Automobile of GOA's Earnings Yield (Joel Greenblatt) % falls into.


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Automobile of GOA 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.

Automobile of GOAs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=625.915/6650.923
=9.41 %

Automobile of GOA'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 ₹626 Mil.



Automobile of GOA  (BOM:505036) 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.


Automobile of GOA Earnings Yield (Joel Greenblatt) % Related Terms

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Automobile of GOA Business Description

Traded in Other Exchanges
N/A
Address
Honda, Sattari, Panaji, GA, IND, 403530
Automobile Corp of GOA Ltd is engaged in the manufacture of pressed parts, components, and sub-assemblies for various ranges of automobiles, and the manufacture of bus bodies and parts thereof. It operates through two segments: The pressing Division and the Bus body Building Division. The Pressing Division segment is engaged in the manufacture of pressed parts, components, sub-assemblies, and assemblies. The Bus Body division segment, which generates the majority of revenue, is engaged in the manufacturing of bus bodies and parts for bus bodies.

Automobile of GOA Headlines

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