What is Industrias BachocoB de CV Earnings Yield (Joel Greenblatt) %?
Industrias BachocoB de CV's Enterprise Value for the quarter that ended in Sep. 2023 was $2,298 Mil.
Industrias BachocoB de CV's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $430 Mil. Industrias BachocoB de CV's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2023 was 20.41%.
The historical rank and industry rank for Industrias BachocoB de CV's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
IDBHF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 9.52 Med: 18.83 Max: 41.74
Current: 19.69
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Industrias BachocoB de CV was 41.74%. The lowest was 9.52%. And the median was 18.83%.
IDBHF's Earnings Yield (Joel Greenblatt) % is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 5.135
vs IDBHF: 19.69
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) %. Industrias BachocoB de CV's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2023 was 16.53%. 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.
Industrias BachocoB de CV Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Industrias BachocoB de CV'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.
Industrias BachocoB de CV Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of Industrias BachocoB de CV's Earnings Yield (Joel Greenblatt) %
For the Farm Products subindustry, Industrias BachocoB de CV'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.
Industrias BachocoB de CV's Earnings Yield (Joel Greenblatt) % Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Industrias BachocoB de CV's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Industrias BachocoB de CV's Earnings Yield (Joel Greenblatt) % falls into.
Industrias BachocoB de CV 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.
Industrias BachocoB de CVs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2022 is calculated as
Industrias BachocoB de CV's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $430 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.
Industrias BachocoB de CV Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Industrias BachocoB de CV's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Industrias BachocoB de CV (Industrias BachocoB de CV) Business Description
Industrias Bachoco SAB de CV produces, processes, markets, and sells poultry (chicken and eggs) in both Mexico and the United States. Additionally, it sells feed, swine, beef, turkey, and other products on a smaller scale. The company's poultry business begins with purchasing infant birds and raising the birds to maturity. Industrias Bachoco operates its own feed mills to produce balanced feed for internal use, and to sell to third parties. Several production facilities and distribution centers are located throughout Mexico and the United States to minimize transportation costs, and the company sells through wholesalers, supermarkets, retail, and other niche marketing channels. It generates the majority of its revenue from the Poultry segment.
Industrias BachocoB de CV (Industrias BachocoB de CV) Headlines
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