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El Sewedy Electric Co (CAI:SWDY) Earnings Yield (Joel Greenblatt) % : 18.55% (As of Dec. 2024)


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What is El Sewedy Electric Co Earnings Yield (Joel Greenblatt) %?

El Sewedy Electric Co's Enterprise Value for the quarter that ended in Dec. 2024 was E£187,149 Mil. El Sewedy Electric Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 was E£34,722 Mil. El Sewedy Electric Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2024 was 18.55%.

The historical rank and industry rank for El Sewedy Electric Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

CAI:SWDY' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -858.94   Med: 21.54   Max: 6776.87
Current: 17.38

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of El Sewedy Electric Co was 6776.87%. The lowest was -858.94%. And the median was 21.54%.

CAI:SWDY's Earnings Yield (Joel Greenblatt) % is ranked better than
90.5% of 3043 companies
in the Industrial Products industry
Industry Median: 3.83 vs CAI:SWDY: 17.38

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) %. El Sewedy Electric Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2024 was 19.08%. 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.


El Sewedy Electric Co Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for El Sewedy Electric Co'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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El Sewedy Electric Co Earnings Yield (Joel Greenblatt) % Chart

El Sewedy Electric Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.27 17.86 22.99 26.46 18.55

El Sewedy Electric Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 26.46 26.67 21.14 17.21 18.55

Competitive Comparison of El Sewedy Electric Co's Earnings Yield (Joel Greenblatt) %

For the Electrical Equipment & Parts subindustry, El Sewedy Electric Co'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.


El Sewedy Electric Co's Earnings Yield (Joel Greenblatt) % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, El Sewedy Electric Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where El Sewedy Electric Co's Earnings Yield (Joel Greenblatt) % falls into.


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El Sewedy Electric Co 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.

El Sewedy Electric Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=34721.711/187148.92628
=18.55 %

El Sewedy Electric Co'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£34,722 Mil.



El Sewedy Electric Co  (CAI:SWDY) 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.


El Sewedy Electric Co Earnings Yield (Joel Greenblatt) % Related Terms

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El Sewedy Electric Co Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 27, 1st District, 5th Settlement, P.O.Box 311, New Cairo, EGY, 11853
El Sewedy Electric Co is an Egypt-based company engaged in the machinery business sector. The company's operating segment includes Cables, Construction, and Electrical products and its accessories. The Cables segment is engaged in manufacturing, marketing, and trading the cables. The construction segment executes construction related to power generation units and electricity distribution networks. Electricity products segment manufactures, electric meters, transformers, and electric joints, and markets and trade the products. Geographically, it derives the majority of its revenue from Egypt.

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