What is Auto Trader Group Earnings Yield (Joel Greenblatt) %?
Auto Trader Group's Enterprise Value for the quarter that ended in Sep. 2024 was €8,936.4 Mil.
Auto Trader Group's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was €439.7 Mil. Auto Trader Group's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2024 was 0.00%.
The historical rank and industry rank for Auto Trader Group's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
FRA:2UA'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.8 Med: 4.6 Max: 6.91
Current: 5.12
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Auto Trader Group was 6.91%. The lowest was 1.80%. And the median was 4.60%.
FRA:2UA's Earnings Yield (Joel Greenblatt) % is ranked better than 64.32% of 569
companies
in the Interactive Media industry
Industry Median: 0.77
vs FRA:2UA: 5.12
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) %. Auto Trader Group's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 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.
Auto Trader Group Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Auto Trader Group'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.
Auto Trader Group Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of Auto Trader Group's Earnings Yield (Joel Greenblatt) %
For the Internet Content & Information subindustry, Auto Trader Group'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.
Auto Trader Group's Earnings Yield (Joel Greenblatt) % Distribution in the Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Auto Trader Group's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Auto Trader Group's Earnings Yield (Joel Greenblatt) % falls into.
Auto Trader Group 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.
Auto Trader Groups Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2024 is calculated as
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.
Auto Trader Group (FRA:2UA) 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.
Auto Trader Group Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Auto Trader Group's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Auto Trader Group PLC is a digital automotive marketplace based in the UK, which provides trading channels for a range of vehicles such as cars, trucks, vans, bikes, and farm machinery, as well as relevant services such as car insurance, loans, valuations, and vehicle check services. The company generates revenue from three streams; Trade revenue from retailers and home traders advertising vehicles and using Auto Trader's products, which represent the majority of the company's income; the Consumer services revenue stems from private sellers placing advertisements and from the company's partners who provide services to consumers; and the Display advertising revenue is earned from manufacturers or their advertising agencies, which advertise their brand or services on the marketplace.
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