GLLOF (Galileo Japan Trust) Earnings Yield (Joel Greenblatt) %: -178.57% (As of Jun. 2016)


What is Galileo Japan Trust Earnings Yield (Joel Greenblatt) %?

Galileo Japan Trust GLLOF Earnings Yield (Joel Greenblatt) % is -178.57% as of Jun. 2016.

Galileo Japan Trust's Enterprise Value for the quarter that ended in Jun. 2016 was $-100.09 Mil. Galileo Japan Trust's EBIT for the trailing twelve months (TTM) ended in Jun. 2016 was $53.02 Mil. Galileo Japan Trust's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2016 was -178.57%.

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

GLLOF's Earnings Yield (Joel Greenblatt) % is not ranked *
in the REITs industry.
Industry Median: 3.51
* Ranked among companies with meaningful Earnings Yield (Joel Greenblatt) % only.

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) %. Galileo Japan Trust's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2016 was 22.70%. 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.


Galileo Japan Trust  (GREY:GLLOF) 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.


Galileo Japan Trust Earnings Yield (Joel Greenblatt) % Related Terms


Galileo Japan Trust Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Galileo Japan Trust'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.

Galileo Japan Trust Earnings Yield (Joel Greenblatt) % Chart

Galileo Japan Trust Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.27 4.41 22.03 13.70 -178.57

Galileo Japan Trust Semi-Annual Data
Jun06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16
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 22.03 0.00 13.70 0.00 -178.57

GLLOF vs CLPR: Earnings Yield (Joel Greenblatt) % Comparison

For the REIT - Diversified subindustry, Galileo Japan Trust'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.


Galileo Japan Trust Earnings Yield (Joel Greenblatt) % vs REITs Industry

For the REITs industry and Real Estate sector, Galileo Japan Trust's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Galileo Japan Trust 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.

Galileo Japan Trusts Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 2016 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=52.992/-100.0903
=-52.94 %

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.


What does a Earnings Yield (Joel Greenblatt) % of -178.57% mean?
Galileo Japan Trust (GLLOF) has a Earnings Yield (Joel Greenblatt) % of -178.57% as of Jun. 2016. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Galileo Japan Trust and its competitors.
Is Galileo Japan Trust's Earnings Yield (Joel Greenblatt) % too high?
Galileo Japan Trust's current Earnings Yield (Joel Greenblatt) % is -178.57%.
How does Galileo Japan Trust's Earnings Yield (Joel Greenblatt) % compare to CLPR?
Galileo Japan Trust's Earnings Yield (Joel Greenblatt) % of -178.57% can be compared against companies in the REITs industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.51. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a REITs company?
The median Earnings Yield (Joel Greenblatt) % among REITs companies is 3.51, based on 973 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Galileo Japan Trust and its competitors. For the REITs industry, the median Earnings Yield (Joel Greenblatt) % is 3.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Galileo Japan Trust's current Earnings Yield (Joel Greenblatt) % is -178.57%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Galileo Japan Trust stock overvalued right now?
Galileo Japan Trust (GLLOF) has a current Earnings Yield (Joel Greenblatt) % of -178.57%. The current Earnings Yield (Joel Greenblatt) % is -178.57%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Galileo Japan Trust (GLLOF), the current Earnings Yield (Joel Greenblatt) % is -178.57% as of Jun. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Galileo Japan Trust Business Description

Industry Real EstateREITs
Address Level 9, 1 Alfred Street, Sydney, NSW, AUS, 2000
Galileo Japan Trust is a property trust which indirectly invests in a diverse portfolio of real estate assets in Japan. Galileo Japan Funds Management Limited is the responsible entity of the Trust.