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Luggo Fundo DE Investimento Imobiliario - FII (BSP:LUGG11) Earnings Yield (Joel Greenblatt) % : 8.24% (As of Jun. 2023)


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What is Luggo Fundo DE Investimento Imobiliario - FII Earnings Yield (Joel Greenblatt) %?

Luggo Fundo DE Investimento Imobiliario - FII's Enterprise Value for the quarter that ended in Jun. 2023 was R$83.65 Mil. Luggo Fundo DE Investimento Imobiliario - FII's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was R$6.90 Mil. Luggo Fundo DE Investimento Imobiliario - FII's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2023 was 8.24%.

The historical rank and industry rank for Luggo Fundo DE Investimento Imobiliario - FII's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

BSP:LUGG11' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -153.85   Med: 7.53   Max: 9.71
Current: -153.85

During the past 3 years, the highest Earnings Yield (Joel Greenblatt) of Luggo Fundo DE Investimento Imobiliario - FII was 9.71%. The lowest was -153.85%. And the median was 7.53%.

BSP:LUGG11's Earnings Yield (Joel Greenblatt) % is ranked better than
99.66% of 887 companies
in the REITs industry
Industry Median: 2.88 vs BSP:LUGG11: -153.85

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) %. Luggo Fundo DE Investimento Imobiliario - FII's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2023 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past seven 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.


Luggo Fundo DE Investimento Imobiliario - FII Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Luggo Fundo DE Investimento Imobiliario - FII'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.

Luggo Fundo DE Investimento Imobiliario - FII Earnings Yield (Joel Greenblatt) % Chart

Luggo Fundo DE Investimento Imobiliario - FII Annual Data
Trend Jun20 Jun21 Jun22
Earnings Yield (Joel Greenblatt) %
2.18 5.85 8.28

Luggo Fundo DE Investimento Imobiliario - FII Semi-Annual Data
Jun20 Jun21 Jun22 Jun23
Earnings Yield (Joel Greenblatt) % - 5.85 8.28 8.24

Competitive Comparison of Luggo Fundo DE Investimento Imobiliario - FII's Earnings Yield (Joel Greenblatt) %

For the REIT - Residential subindustry, Luggo Fundo DE Investimento Imobiliario - FII'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.


Luggo Fundo DE Investimento Imobiliario - FII's Earnings Yield (Joel Greenblatt) % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Luggo Fundo DE Investimento Imobiliario - FII's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Luggo Fundo DE Investimento Imobiliario - FII's Earnings Yield (Joel Greenblatt) % falls into.



Luggo Fundo DE Investimento Imobiliario - FII 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.

Luggo Fundo DE Investimento Imobiliario - FIIs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 2022 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=6.049/73.082
=8.28 %

For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.



Luggo Fundo DE Investimento Imobiliario - FII  (BSP:LUGG11) 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.


Luggo Fundo DE Investimento Imobiliario - FII Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Luggo Fundo DE Investimento Imobiliario - FII's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Luggo Fundo DE Investimento Imobiliario - FII (BSP:LUGG11) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Avenue Presidente Juscelino Kubitschek, 1400 - 8th Floor, Condminio Maria Cecilia Lara Campos - Itaim Bibi, Sao Paulo, SP, BRA, 04543-000
Luggo Fundo DE Investimento Imobiliario - FII is a real estate investment fund which focuses its investments in the residential construction sector.

Luggo Fundo DE Investimento Imobiliario - FII (BSP:LUGG11) Headlines

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