IRSA Propiedades Comerciales (BUE:IRCP) Earnings Yield (Joel Greenblatt) %: -23.81% (As of Sep. 2021)

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BUE:IRCP IRSA Propiedades Comerciales SA BUE:IRCP
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What is IRSA Propiedades Comerciales Earnings Yield (Joel Greenblatt) %?

IRSA Propiedades Comerciales BUE:IRCP 5 Earnings Yield (Joel Greenblatt) % is -23.81% as of Sep. 2021. GuruFocus rates BUE:IRCP with a GF Score™ of 5/100.

IRSA Propiedades Comerciales's Enterprise Value for the quarter that ended in Sep. 2021 was ARS113,252 Mil. IRSA Propiedades Comerciales's EBIT for the trailing twelve months (TTM) ended in Sep. 2021 was ARS-26,977 Mil. IRSA Propiedades Comerciales's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2021 was -23.81%.

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

BUE:IRCP's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Real Estate industry.
Industry Median: 4.86
* 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) %. IRSA Propiedades Comerciales's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2021 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.


IRSA Propiedades Comerciales  (BUE:IRCP) 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.


IRSA Propiedades Comerciales Earnings Yield (Joel Greenblatt) % Related Terms


IRSA Propiedades Comerciales Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for IRSA Propiedades Comerciales'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.

IRSA Propiedades Comerciales Earnings Yield (Joel Greenblatt) % Chart

IRSA Propiedades Comerciales Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.03 37.17 -92.59 56.82 -1.36

IRSA Propiedades Comerciales Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 99.01 69.93 49.75 -1.36 -23.81

BUE:IRCP vs TCI, QK, NEN: Earnings Yield (Joel Greenblatt) % Comparison

For the Real Estate Services subindustry, IRSA Propiedades Comerciales'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.


IRSA Propiedades Comerciales Earnings Yield (Joel Greenblatt) % vs Real Estate Industry

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

* The bar in red indicates where IRSA Propiedades Comerciales's Earnings Yield (Joel Greenblatt) % falls into.


BUE:IRCP
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IRSA Propiedades Comerciales SA BUE:IRCP
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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IRSA Propiedades Comerciales 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.

IRSA Propiedades Comercialess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 2021 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-4004/294044.255
=-1.36 %

IRSA Propiedades Comerciales's EBIT for the trailing twelve months (TTM) ended in Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was ARS-26,977 Mil.


What does a Earnings Yield (Joel Greenblatt) % of -23.81% mean?
IRSA Propiedades Comerciales (BUE:IRCP) has a Earnings Yield (Joel Greenblatt) % of -23.81% as of Sep. 2021. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on IRSA Propiedades Comerciales and its competitors.
Is IRSA Propiedades Comerciales' Earnings Yield (Joel Greenblatt) % too high?
IRSA Propiedades Comerciales' current Earnings Yield (Joel Greenblatt) % is -23.81%. Overall, IRSA Propiedades Comerciales has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does IRSA Propiedades Comerciales' Earnings Yield (Joel Greenblatt) % compare to TCI and QK?
IRSA Propiedades Comerciales' Earnings Yield (Joel Greenblatt) % of -23.81% can be compared against companies in the Real Estate industry. The industry median Earnings Yield (Joel Greenblatt) % is 4.86. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a Real Estate company?
The median Earnings Yield (Joel Greenblatt) % among Real Estate companies is 4.86, based on 1,829 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on IRSA Propiedades Comerciales and its competitors. For the Real Estate industry, the median Earnings Yield (Joel Greenblatt) % is 4.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IRSA Propiedades Comerciales's current Earnings Yield (Joel Greenblatt) % is -23.81%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IRSA Propiedades Comerciales stock overvalued right now?
IRSA Propiedades Comerciales (BUE:IRCP) has a current Earnings Yield (Joel Greenblatt) % of -23.81%. The current Earnings Yield (Joel Greenblatt) % is -23.81%. IRSA Propiedades Comerciales' overall GF Score™ is 5/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For IRSA Propiedades Comerciales (BUE:IRCP), the current Earnings Yield (Joel Greenblatt) % is -23.81% as of Sep. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

IRSA Propiedades Comerciales Business Description

Address Moreno 877, 22nd Floor, Ciudad Autonoma de Buenos Aires, Buenos Aires, ARG, C1091AAQ
IRSA Propiedades Comerciales SA is engaged in the ownership, lease, management, development, operation, and purchase of shopping centers. Its primarily owns, purchases, develops, leases, manages and operates shopping centers. Its business segments include Shopping Malls, Offices, Sales and Developments, and Others. The Shopping Malls segment is a key revenue driver, is engaged in the operation and development of shopping malls. Offices and Others segment consists of leasing of properties and other rental properties and services related to them. Its Sales and Development segment covers sales of undeveloped parcels of land and properties and activities relating to property maintenance.
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Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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