BSP:CPOF11's Earnings Yield (Joel Greenblatt) % is not ranked *
in the REITs industry.
Industry Median: 3.24 * Ranked among companies with meaningful Earnings Yield (Joel Greenblatt) % only.
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) %. Capitania Office FII Fundo de investimento imobiliario's Forward Rate of Return (Yacktman) % for the quarter that ended in . 20 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.
Capitania Office FII Fundo de investimento imobiliario 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.
Capitania Office FII Fundo de investimento imobiliario Annual Data
Trend
Earnings Yield (Joel Greenblatt) %
Capitania Office FII Fundo de investimento imobiliario Semi-Annual Data
Earnings Yield (Joel Greenblatt) %
Competitive Comparison of Capitania Office FII Fundo de investimento imobiliario's Earnings Yield (Joel Greenblatt) %
For the REIT - Diversified subindustry, Capitania Office FII Fundo de investimento imobiliario'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.
Capitania Office FII Fundo de investimento imobiliario's Earnings Yield (Joel Greenblatt) % Distribution in the REITs Industry
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
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.
Capitania Office FII Fundo de investimento imobiliario Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Capitania Office FII Fundo de investimento imobiliario's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Capitania Office FII Fundo de investimento imobiliario Business Description
Praia de Botafogo, 501, 6th Floor, Botafogo, Rio de Janeiro, RJ, BRA, 22250040
Website
Capitania Office FII Fundo de investimento imobiliario formerly Corporate Office Properties Fii Fundo De Investimento Imobiliario is a real estate investment fund constituted in the form of a closed condominium. The purpose of the Fund is to provide Quotaholders with the appreciation and profitability of their shares, in accordance with the Investment Policy defined below, through investment in real estate projects, primarily through the acquisition of ready-made and duly built real estate projects, land or properties under construction, which will primarily be areas of corporate slabs, education, and hospitals.
Capitania Office FII Fundo de investimento imobiliario Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BSP:CPOF11 has been successfully added to your