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NKT AS (CHIX:NKTC) Earnings Yield (Joel Greenblatt) % : 12.06% (As of Mar. 2025)


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What is NKT AS Earnings Yield (Joel Greenblatt) %?

NKT AS's Enterprise Value for the quarter that ended in Mar. 2025 was kr16,952 Mil. NKT AS's EBIT for the trailing twelve months (TTM) ended in Mar. 2025 was kr2,171 Mil. NKT AS's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2025 was 12.06%.

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

CHIX:NKTc' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -15.8   Med: 1.74   Max: 13.51
Current: 10.54

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of NKT AS was 13.51%. The lowest was -15.80%. And the median was 1.74%.

CHIX:NKTc's Earnings Yield (Joel Greenblatt) % is ranked better than
81.55% of 3041 companies
in the Industrial Products industry
Industry Median: 3.84 vs CHIX:NKTc: 10.54

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) %. NKT AS's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2025 was 23.15%. 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.


NKT AS Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for NKT AS'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.

NKT AS Earnings Yield (Joel Greenblatt) % Chart

NKT AS 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 -3.16 1.45 3.94 5.98 11.64

NKT AS Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 5.39 7.15 7.33 11.64 12.06

Competitive Comparison of NKT AS's Earnings Yield (Joel Greenblatt) %

For the Electrical Equipment & Parts subindustry, NKT AS'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.


NKT AS's Earnings Yield (Joel Greenblatt) % Distribution in the Industrial Products Industry

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

* The bar in red indicates where NKT AS's Earnings Yield (Joel Greenblatt) % falls into.


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NKT AS 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.

NKT ASs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=2103.07/19099.97775
=11.01 %

NKT AS's EBIT for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was kr2,171 Mil.



NKT AS  (CHIX:NKTc) 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.


NKT AS Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of NKT AS's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


NKT AS Business Description

Industry
Traded in Other Exchanges
Address
Vibeholms Alle 20, Broendby, DNK, 2605
NKT A/S is a Denmark-based provider of cable technology. The company, along with its subsidiaries, operates in the following segments; Solutions, Applications, and Service & Accessories. Maximum revenue is generated from the Solutions segment which caters to the high-voltage power cable market and is involved in the manufacturing and installation of high-voltage cables and products for onshore power transmission and distribution, power-from-shore, cable projects, offshore wind connections, and other projects. This segment also owns and operates a cable-laying vessel, NKT Victoria. Geographically, the company generates maximum revenue from Germany followed by the United States of America, the United Kingdom, Poland, Norway, Denmark, and other regions.

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