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One United Properties (BSE:ONE) Earnings Yield (Joel Greenblatt) % : 13.26% (As of Sep. 2024)


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What is One United Properties Earnings Yield (Joel Greenblatt) %?

One United Properties's Enterprise Value for the quarter that ended in Sep. 2024 was lei3,817 Mil. One United Properties's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was lei506 Mil. One United Properties's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2024 was 13.26%.

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

BSE:ONE' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 8.44   Med: 13.55   Max: 62.93
Current: 15.43

During the past 8 years, the highest Earnings Yield (Joel Greenblatt) of One United Properties was 62.93%. The lowest was 8.44%. And the median was 13.55%.

BSE:ONE's Earnings Yield (Joel Greenblatt) % is ranked better than
88.77% of 1835 companies
in the Real Estate industry
Industry Median: 4.21 vs BSE:ONE: 15.43

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) %. One United Properties'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 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.


One United Properties Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for One United Properties'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.

One United Properties Earnings Yield (Joel Greenblatt) % Chart

One United Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial - - 57.80 15.08 12.14

One United Properties Quarterly Data
Dec17 Dec18 Dec19 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 8.64 12.14 10.04 10.44 13.26

Competitive Comparison of One United Properties's Earnings Yield (Joel Greenblatt) %

For the Real Estate - Development subindustry, One United Properties'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.


One United Properties's Earnings Yield (Joel Greenblatt) % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, One United Properties's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where One United Properties's Earnings Yield (Joel Greenblatt) % falls into.


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One United Properties 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.

One United Propertiess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=588.629/4848.317869987
=12.14 %

One United Properties'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 lei506 Mil.



One United Properties  (BSE:ONE) 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.


One United Properties Earnings Yield (Joel Greenblatt) % Related Terms

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One United Properties Business Description

Industry
Traded in Other Exchanges
N/A
Address
20 Maxim Gorki Street, District 1, Bucharest, ROU
One United Properties SA is the green investor and developer of residential, mixed-use, commercial, and office real estate in Bucharest, Romania. It has several high-end residential projects completed, under construction, and in the medium-term pipeline in Bucharest such as ONE COTROCENI PARK, ONE VERDI PARK, ONE MIRCEA ELIADE, ONE HERASTRAU TOWERS among others. The company's segments are residential, office and landbank, and corporate. The company generates key revenue from the Residential segment.

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