What is Garuda Construction and Engineering Earnings Yield (Joel Greenblatt) %?
Garuda Construction and Engineering's Enterprise Value for the quarter that ended in Mar. 2024 was ₹0 Mil.
Garuda Construction and Engineering does not have enough years/quarters to calculate its EBIT for the trailing twelve months (TTM) ended in Mar. 2024. Therefore, GuruFocus does not calculate Garuda Construction and Engineering's Earnings Yield (Joel Greenblatt) at this moment.
The historical rank and industry rank for Garuda Construction and Engineering's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
BOM:544271'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.99 Med: 5.08 Max: 6.88
Current: 4.66
During the past 3 years, the highest Earnings Yield (Joel Greenblatt) of Garuda Construction and Engineering was 6.88%. The lowest was 3.99%. And the median was 5.08%.
BOM:544271's Earnings Yield (Joel Greenblatt) % is ranked worse than 57.43% of 1769
companies
in the Construction industry
Industry Median: 6.29
vs BOM:544271: 4.66
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) %. Garuda Construction and Engineering's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 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.
Garuda Construction and Engineering 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.
* Premium members only.
Garuda Construction and Engineering Earnings Yield (Joel Greenblatt) % Chart
Garuda Construction and Engineering Annual Data
Trend
Mar22
Mar23
Mar24
Earnings Yield (Joel Greenblatt) %
-
-
-
Garuda Construction and Engineering Semi-Annual Data
Mar22
Mar23
Mar24
Earnings Yield (Joel Greenblatt) %
-
-
-
Competitive Comparison of Garuda Construction and Engineering's Earnings Yield (Joel Greenblatt) %
For the Engineering & Construction subindustry, Garuda Construction and Engineering'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.
Garuda Construction and Engineering's Earnings Yield (Joel Greenblatt) % Distribution in the Construction Industry
For the Construction industry and Industrials sector, Garuda Construction and Engineering's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Garuda Construction and Engineering's Earnings Yield (Joel Greenblatt) % falls into.
Garuda Construction and Engineering 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.
Garuda Construction and Engineering (BOM:544271) 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.
Garuda Construction and Engineering Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Garuda Construction and Engineering's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Garuda Construction and Engineering Business Description
Garuda Construction and Engineering Ltd is a civil construction company. It provides end-to-end civil construction for residential, commercial, residential cum commercial, infrastructure and industrial projects and additional services for infrastructure and also hospitality projects, Wherein, civil construction includes the construction of residential, hospitality, industrial, infrastructural and commercial buildings, construction of concrete building structures and composite steel structures which are required for the civil construction. Its end-to-end civil construction starts with a detailed route survey, designing, detailed engineering, mobilization of resources, micro scheduling of construction activities, obtaining construction permissions and conducting soil/water testing.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BOM:544271 has been successfully added to your