What is La SIA SpA Earnings Yield (Joel Greenblatt) %?
La SIA SpA's Enterprise Value for the quarter that ended in Jun. 2024 was €15.11 Mil.
La SIA SpA's EBIT for the trailing twelve months (TTM) ended in Jun. 2024 was €0.31 Mil. La SIA SpA's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2024 was 0.00%.
The historical rank and industry rank for La SIA SpA's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
FRA:XB9'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.06 Med: 16.48 Max: 31.37
Current: 2.06
During the past 3 years, the highest Earnings Yield (Joel Greenblatt) of La SIA SpA was 31.37%. The lowest was 2.06%. And the median was 16.48%.
FRA:XB9's Earnings Yield (Joel Greenblatt) % is ranked better than 54.12% of 2849
companies
in the Software industry
Industry Median: 1.34
vs FRA:XB9: 2.06
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) %. La SIA SpA'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.
La SIA SpA Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for La SIA SpA'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.
La SIA SpA Earnings Yield (Joel Greenblatt) % Chart
La SIA SpA Annual Data
Trend
Dec21
Dec22
Dec23
Earnings Yield (Joel Greenblatt) %
-
-
6.46
La SIA SpA Semi-Annual Data
Dec21
Dec22
Jun23
Dec23
Jun24
Earnings Yield (Joel Greenblatt) %
-
-
-
6.46
-
Competitive Comparison of La SIA SpA's Earnings Yield (Joel Greenblatt) %
For the Software - Infrastructure subindustry, La SIA SpA'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.
La SIA SpA's Earnings Yield (Joel Greenblatt) % Distribution in the Software Industry
For the Software industry and Technology sector, La SIA SpA's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where La SIA SpA's Earnings Yield (Joel Greenblatt) % falls into.
La SIA SpA 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.
La SIA SpAs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 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.
La SIA SpA (FRA:XB9) 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.
La SIA SpA Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of La SIA SpA's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
La SIA SpA is an Italian payment institution part of the Nexi group. It is the Principal Member of the main national and international payment circuits which are Bancomat, VISA, Mastercard, Union Pay and JCB. The company offers the citizens the possibility of paying postal bills through distribution channels which are both physical and virtual which is managed by banks or by the large organised distribution network. It also offers the development, marketing (sale and/or rental) and management/maintenance of IT products and services relating to payment instruments and, more generally, to connection to electronic circuits.
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