GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Fosun International Ltd (OTCPK:FOSUY) » Definitions » Earnings Yield (Joel Greenblatt) %

FOSUY (Fosun International) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Jun. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Fosun International Earnings Yield (Joel Greenblatt) %?

Fosun International's Enterprise Value for the quarter that ended in Jun. 2024 was $32,056 Mil. Fosun International's EBIT for the trailing twelve months (TTM) ended in Jun. 2024 was $2,362 Mil. Fosun International's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2024 was 0.00%.

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

FOSUY' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.55   Med: 12.33   Max: 19.32
Current: 11.34

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Fosun International was 19.32%. The lowest was 5.55%. And the median was 12.33%.

FOSUY's Earnings Yield (Joel Greenblatt) % is ranked better than
69.37% of 555 companies
in the Conglomerates industry
Industry Median: 6.27 vs FOSUY: 11.34

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) %. Fosun International's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 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.


Fosun International Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Fosun International'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.

Fosun International Earnings Yield (Joel Greenblatt) % Chart

Fosun International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.04 11.20 8.90 5.72 7.35

Fosun International Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - 5.72 - 7.35 -

Competitive Comparison of Fosun International's Earnings Yield (Joel Greenblatt) %

For the Conglomerates subindustry, Fosun International'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.


Fosun International's Earnings Yield (Joel Greenblatt) % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Fosun International's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Fosun International 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.

Fosun Internationals Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=2793.468/37916.981
=7.37 %

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.



Fosun International  (OTCPK:FOSUY) 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.


Fosun International Earnings Yield (Joel Greenblatt) % Related Terms

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


Fosun International Business Description

Traded in Other Exchanges
Address
3 Garden Road, Room 808, Industrial and Commercial Bank of China Building, Central, Hong Kong, HKG
Fosun International Ltd is an investment holding company which is also a global innovation-driven consumer group dedicated to providing high-quality products and services for families around the world. The company's operating segments include Health; Happiness; Insurance; Asset Management and Intelligent Manufacturing. It generates maximum revenue from the Happiness segment. The Wealth Segment includes two major sub-segments: Insurance and Asset Management. The Happiness segment comprises principally the operation and investments in tourism and leisure, fashion consumer, and lifestyle industries. Geographically, it derives a majority of its revenue from the Chinese Mainland.