What is Palm Hills DevelopmentsE Earnings Yield (Joel Greenblatt) %?
Palm Hills DevelopmentsE's Enterprise Value for the quarter that ended in Dec. 2024 was E£26,777 Mil.
Palm Hills DevelopmentsE's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 was E£5,442 Mil. Palm Hills DevelopmentsE's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2024 was 17.18%.
The historical rank and industry rank for Palm Hills DevelopmentsE's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
CAI:PHDC'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 7.09 Med: 15.24 Max: 73.7
Current: 18.08
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Palm Hills DevelopmentsE was 73.70%. The lowest was 7.09%. And the median was 15.24%.
CAI:PHDC's Earnings Yield (Joel Greenblatt) % is ranked better than 91.49% of 1834
companies
in the Real Estate industry
Industry Median: 4.205
vs CAI:PHDC: 18.08
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) %. Palm Hills DevelopmentsE's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2024 was 24.67%. 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.
Palm Hills DevelopmentsE Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Palm Hills DevelopmentsE'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.
For the Real Estate - Diversified subindustry, Palm Hills DevelopmentsE'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.
Palm Hills DevelopmentsE's Earnings Yield (Joel Greenblatt) % Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Palm Hills DevelopmentsE's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Palm Hills DevelopmentsE's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Palm Hills DevelopmentsEs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2024 is calculated as
Palm Hills DevelopmentsE's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was E£5,442 Mil.
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.
Palm Hills DevelopmentsE Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Palm Hills DevelopmentsE's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Palm Hills Developments SAE real estate company develops integrated residential, commercial real estate, and resort projects. The company focuses on development in Egypt's new cities and new urban communities. Its activities include building, constructing, owning, and managing residential properties and tourist villages. Palm Hills also provides associated services and facilities, leases and constructs integrated projects, and manages related entertainment activities. The company's property portfolio contains projects spanning different development stages, such as Palm Hills October, which is a residential community, and the Palm Club, which is a sports and recreational facility located in Palm Hills October.
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