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MSAfety (FRA:M07) Earnings Yield (Joel Greenblatt) % : 6.68% (As of Mar. 2025)


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What is MSAfety Earnings Yield (Joel Greenblatt) %?

MSAfety's Enterprise Value for the quarter that ended in Mar. 2025 was €5,618 Mil. MSAfety's EBIT for the trailing twelve months (TTM) ended in Mar. 2025 was €381 Mil. MSAfety's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2025 was 6.68%.

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

FRA:M07' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.54   Med: 3.86   Max: 8.22
Current: 6.21

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of MSAfety was 8.22%. The lowest was 0.54%. And the median was 3.86%.

FRA:M07's Earnings Yield (Joel Greenblatt) % is ranked better than
52.81% of 1104 companies
in the Business Services industry
Industry Median: 5.725 vs FRA:M07: 6.21

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) %. MSAfety's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2025 was 22.50%. 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.


MSAfety Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for MSAfety'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.

MSAfety Earnings Yield (Joel Greenblatt) % Chart

MSAfety 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 2.98 0.54 4.27 3.55 5.97

MSAfety 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 4.88 5.07 5.34 5.97 6.68

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

For the Security & Protection Services subindustry, MSAfety'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.


MSAfety's Earnings Yield (Joel Greenblatt) % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, MSAfety's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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


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MSAfety 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.

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

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=393.36/6617.661
=5.94 %

MSAfety'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 €381 Mil.



MSAfety  (FRA:M07) 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.


MSAfety Earnings Yield (Joel Greenblatt) % Related Terms

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


MSAfety Business Description

Industry
Traded in Other Exchanges
Address
1000 Cranberry Woods Drive, Cranberry Township, PA, USA, 16066-5207
MSA Safety Inc makes safety products that are used to protect workers in the oil and gas and mining industries. The products include breathing apparatuses, fall protection, portable gas detection systems, industrial head protection, fire and rescue helmets, and fixed gas and flame detection systems. End markets include the fire service, contractor, industrial, mining, oil and gas, and utilities industries. The company's reportable geographic segments are Northern North America; Latin America; Europe, Middle East & Africa; and Asia Pacific. The company's operating segments have been aggregated into three reportable segments: Americas, International, and Corporate. Geographically the company generates the majority of its revenue from the United States.

MSAfety Headlines

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