What is Lotus Eye Hospital & Institute Earnings Yield (Joel Greenblatt) %?
Lotus Eye Hospital & Institute's Enterprise Value for the quarter that ended in Dec. 2024 was ₹1,431.4 Mil.
Lotus Eye Hospital & Institute's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 was ₹8.4 Mil. Lotus Eye Hospital & Institute's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2024 was 0.59%.
The historical rank and industry rank for Lotus Eye Hospital & Institute's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
BOM:532998'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -9.83 Med: 1.96 Max: 7.59
Current: 0.56
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Lotus Eye Hospital & Institute was 7.59%. The lowest was -9.83%. And the median was 1.96%.
BOM:532998's Earnings Yield (Joel Greenblatt) % is ranked worse than 62.41% of 689
companies
in the Healthcare Providers & Services industry
Industry Median: 2.74
vs BOM:532998: 0.56
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) %. Lotus Eye Hospital & Institute's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2024 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.
Lotus Eye Hospital & Institute Earnings Yield (Joel Greenblatt) % Historical Data
* 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.
For the Medical Care Facilities subindustry, Lotus Eye Hospital & Institute'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.
Lotus Eye Hospital & Institute's Earnings Yield (Joel Greenblatt) % Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Lotus Eye Hospital & Institute's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Lotus Eye Hospital & Institute'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.
Lotus Eye Hospital & Institutes Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2024 is calculated as
Lotus Eye Hospital & Institute's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹8.4 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.
Lotus Eye Hospital & Institute Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Lotus Eye Hospital & Institute's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Lotus Eye Hospital & Institute Business Description
Lotus Eye Hospital & Institute Ltd is an India-based eye care hospital. It is engaged in providing treatment and care for eye diseases and disorders. It offers treatment services for eye conditions like refractive error, retina and uvea, cornea, glaucoma, pediatric, orbit and oculoplasty, neuro-ophthalmology, and binocular vision. In addition, the company also operates an eye bank for functioning eye donation activities. The company mainly operates in India and generates revenue by providing medical services, pharmacy sales, contact lenses, and optical, of which the majority of the revenue is derived from providing segmmedical services.
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