ESTRF (Estre Ambiental) Earnings Yield (Joel Greenblatt) %: 0.00% (As of Jun. 2019)

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What is Estre Ambiental Earnings Yield (Joel Greenblatt) %?

Estre Ambiental ESTRF -90.00% Earnings Yield (Joel Greenblatt) % is 0.00% as of Jun. 2019.

Estre Ambiental's Enterprise Value for the quarter that ended in Jun. 2019 was $448.7 Mil. Estre Ambiental's EBIT for the trailing twelve months (TTM) ended in Jun. 2019 was $-170.1 Mil. Estre Ambiental's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2019 was 0.00%.

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

ESTRF's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Waste Management industry.
Industry Median: 3.9
* 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) %. Estre Ambiental's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2019 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.


Estre Ambiental  (OTCPK:ESTRF) 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.


Estre Ambiental Earnings Yield (Joel Greenblatt) % Related Terms


Estre Ambiental Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Estre Ambiental'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.

Estre Ambiental Earnings Yield (Joel Greenblatt) % Chart

Estre Ambiental Annual Data
Trend Dec15 Dec16 Dec17 Dec18
Earnings Yield (Joel Greenblatt) %
0.00 -0.16 4.79 -31.25

Estre Ambiental Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial -0.20 4.79 4.41 -31.25 0.00

ESTRF vs OCLN, HDII, CWSS: Earnings Yield (Joel Greenblatt) % Comparison

For the Waste Management subindustry, Estre Ambiental'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.


Estre Ambiental Earnings Yield (Joel Greenblatt) % vs Waste Management Industry

For the Waste Management industry and Industrials sector, Estre Ambiental's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Estre Ambiental 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.

Estre Ambientals Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2018 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-144.433/455.01054
=-31.74 %

For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.


What does a Earnings Yield (Joel Greenblatt) % of 0.00% mean?
Estre Ambiental (ESTRF) has a Earnings Yield (Joel Greenblatt) % of 0.00% as of Jun. 2019. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Estre Ambiental and its competitors.
Is Estre Ambiental's Earnings Yield (Joel Greenblatt) % too high?
Estre Ambiental's current Earnings Yield (Joel Greenblatt) % is 0.00%.
How does Estre Ambiental's Earnings Yield (Joel Greenblatt) % compare to OCLN and HDII?
Estre Ambiental's Earnings Yield (Joel Greenblatt) % of 0.00% can be compared against companies in the Waste Management industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.90. 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 Waste Management company?
The median Earnings Yield (Joel Greenblatt) % among Waste Management companies is 3.90, based on 251 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 Estre Ambiental and its competitors. For the Waste Management industry, the median Earnings Yield (Joel Greenblatt) % is 3.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Estre Ambiental's current Earnings Yield (Joel Greenblatt) % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Estre Ambiental stock overvalued right now?
Estre Ambiental (ESTRF) has a current Earnings Yield (Joel Greenblatt) % of 0.00%. The current Earnings Yield (Joel Greenblatt) % is 0.00%. 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 Estre Ambiental (ESTRF), the current Earnings Yield (Joel Greenblatt) % is 0.00% as of Jun. 2019. 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.

Estre Ambiental Business Description

Address 4509, Avenida Brigadeiro Faria Lima, 8th Floor,Vila Olimpia, Sao Paulo, SP, BRA, 04538-133
Estre Ambiental Inc waste management company in Brazil which operates in the Southeast, South and Northeast regions of Brazil. It operates its own landfills and is engaged in the final treatment of hazardous wastes, temporary storage of waste, collection and burning of landfill biogas, environmental consulting services, recycling, reverse manufacturing of electrical and electronic devices and waste collection, among others activities. The operations are grouped into four business segments Collection and Cleaning Services; Landfills; Oil and Gas; and Value Recovery. It generates a vast majority of its revenue from the collection and cleaning services segment.