What is Nippon Sheet Glass Co Earnings Yield (Joel Greenblatt) %?
Nippon Sheet Glass Co's Enterprise Value for the quarter that ended in Mar. 2025 was €3,273 Mil.
Nippon Sheet Glass Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2025 was €124 Mil. Nippon Sheet Glass Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2025 was 3.83%.
The historical rank and industry rank for Nippon Sheet Glass Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
FRA:NI9'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -5.09 Med: 5.41 Max: 106.36
Current: 3.82
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Nippon Sheet Glass Co was 106.36%. The lowest was -5.09%. And the median was 5.41%.
FRA:NI9's Earnings Yield (Joel Greenblatt) % is ranked worse than 60.12% of 1329
companies
in the Vehicles & Parts industry
Industry Median: 5.54
vs FRA:NI9: 3.82
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) %. Nippon Sheet Glass Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2025 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.
Nippon Sheet Glass Co Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Nippon Sheet Glass Co'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.
Nippon Sheet Glass Co Earnings Yield (Joel Greenblatt) % Chart
For the Auto Parts subindustry, Nippon Sheet Glass Co'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.
Nippon Sheet Glass Co's Earnings Yield (Joel Greenblatt) % Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Nippon Sheet Glass Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Nippon Sheet Glass Co's Earnings Yield (Joel Greenblatt) % falls into.
Nippon Sheet Glass Co 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.
Nippon Sheet Glass Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2025 is calculated as
Nippon Sheet Glass Co'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 €124 Mil.
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.
Nippon Sheet Glass Co Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Nippon Sheet Glass Co's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Nippon Sheet Glass Co Ltd manufactures glass and glazing products for many industries. The architectural segment, which accounts for roughly 40% of the company's total revenue, sells flat glass and glazing products to commercial and residential markets and the solar energy sector. The automotive segment, which accounts for roughly half of the company's total revenue, supplies a wide range of automotive glazing to vehicle manufacturers for new vehicles and replacement markets. The technical glass segment sells thin glass and glass fiber products for small displays, lenses, printers, and engine timing belts. Nippon sells its products worldwide, with more than a third of its sales in Europe, roughly a third in Japan and the rest of Asia, and the remaining sales in the Americas.
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