Cairo Oils & Soap (CAI:COSG) Earnings Yield (Joel Greenblatt) % : 15.29% (As of Mar. 2024)

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What is Cairo Oils & Soap Earnings Yield (Joel Greenblatt) %?

Cairo Oils & Soap's Enterprise Value for the quarter that ended in Mar. 2024 was E£555 Mil. Cairo Oils & Soap's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was E£85 Mil. Cairo Oils & Soap's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2024 was 15.29%.

The historical rank and industry rank for Cairo Oils & Soap's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

CAI:COSG' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -39.92 Med: -3.37 Max: 20.03
Current: 12.41

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Cairo Oils & Soap was 20.03%. The lowest was -39.92%. And the median was -3.37%.

CAI:COSG's Earnings Yield (Joel Greenblatt) % is ranked better than
82.4% of 1966 companies
in the Consumer Packaged Goods industry
Industry Median: 5.12 vs CAI:COSG: 12.41

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) %. Cairo Oils & Soap'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 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.

Cairo Oils & Soap Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Cairo Oils & Soap'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.

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Cairo Oils & Soap Earnings Yield (Joel Greenblatt) % Chart

Cairo Oils & Soap Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Earnings Yield (Joel Greenblatt) %

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-8.48

-4.25

-6.09

-5.71

10.15

Cairo Oils & Soap Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Earnings Yield (Joel Greenblatt) %	Get a 7-Day Free Trial															6.86	8.41	14.29	10.15	15.29

Competitive Comparison of Cairo Oils & Soap's Earnings Yield (Joel Greenblatt) %

For the Household & Personal Products subindustry, Cairo Oils & Soap'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.

Cairo Oils & Soap's Earnings Yield (Joel Greenblatt) % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Cairo Oils & Soap's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Cairo Oils & Soap's Earnings Yield (Joel Greenblatt) % falls into.

Cairo Oils & Soap 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.

Cairo Oils & Soaps Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)	=	EBIT	/	Enterprise Value
	=	74.806	/	737.09903366
	=	10.15 %

Cairo Oils & Soap's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was E£85 Mil.

Cairo Oils & Soap (CAI:COSG) 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

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.

Cairo Oils & Soap Earnings Yield (Joel Greenblatt) % Related Terms

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