GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Gezinomi Seyahat Turizm Ticaret Anonim Sirketi (IST:GZNMI) » Definitions » Earnings Yield (Joel Greenblatt) %

Gezinomi Seyahat Turizm Ticaret Anonim Sirketi (IST:GZNMI) Earnings Yield (Joel Greenblatt) % : -3.04% (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Gezinomi Seyahat Turizm Ticaret Anonim Sirketi Earnings Yield (Joel Greenblatt) %?

Gezinomi Seyahat Turizm Ticaret Anonim Sirketi's Enterprise Value for the quarter that ended in Dec. 2023 was ₺1,355 Mil. Gezinomi Seyahat Turizm Ticaret Anonim Sirketi's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₺-41 Mil. Gezinomi Seyahat Turizm Ticaret Anonim Sirketi's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was -3.04%.

The historical rank and industry rank for Gezinomi Seyahat Turizm Ticaret Anonim Sirketi's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

IST:GZNMI' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2.81   Med: 20.44   Max: 1045164.15
Current: -2.17

During the past 6 years, the highest Earnings Yield (Joel Greenblatt) of Gezinomi Seyahat Turizm Ticaret Anonim Sirketi was 1045164.15%. The lowest was -2.81%. And the median was 20.44%.

IST:GZNMI's Earnings Yield (Joel Greenblatt) % is ranked worse than
81.33% of 857 companies
in the Travel & Leisure industry
Industry Median: 4.68 vs IST:GZNMI: -2.17

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) %. Gezinomi Seyahat Turizm Ticaret Anonim Sirketi's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 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.


Gezinomi Seyahat Turizm Ticaret Anonim Sirketi Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Gezinomi Seyahat Turizm Ticaret Anonim Sirketi'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.

Gezinomi Seyahat Turizm Ticaret Anonim Sirketi Earnings Yield (Joel Greenblatt) % Chart

Gezinomi Seyahat Turizm Ticaret Anonim Sirketi Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial - - - 161.29 -3.04

Gezinomi Seyahat Turizm Ticaret Anonim Sirketi Quarterly Data
Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 161.29 79.37 103.09 31.45 -3.04

Competitive Comparison of Gezinomi Seyahat Turizm Ticaret Anonim Sirketi's Earnings Yield (Joel Greenblatt) %

For the Travel Services subindustry, Gezinomi Seyahat Turizm Ticaret Anonim Sirketi'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.


Gezinomi Seyahat Turizm Ticaret Anonim Sirketi's Earnings Yield (Joel Greenblatt) % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Gezinomi Seyahat Turizm Ticaret Anonim Sirketi's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Gezinomi Seyahat Turizm Ticaret Anonim Sirketi's Earnings Yield (Joel Greenblatt) % falls into.



Gezinomi Seyahat Turizm Ticaret Anonim Sirketi 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.

Gezinomi Seyahat Turizm Ticaret Anonim Sirketis Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-41.166/1355.332
=-3.04 %

Gezinomi Seyahat Turizm Ticaret Anonim Sirketi's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺-41 Mil.



Gezinomi Seyahat Turizm Ticaret Anonim Sirketi  (IST:GZNMI) 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.


Gezinomi Seyahat Turizm Ticaret Anonim Sirketi Earnings Yield (Joel Greenblatt) % Related Terms

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


Gezinomi Seyahat Turizm Ticaret Anonim Sirketi (IST:GZNMI) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Mehmetcik Mah. 1242 Sok. No 3B, 2 Muratpasa, Antalya, TUR
Gezinomi Seyahat Turizm Ticaret Anonim Sirketi is a tour operator with its hotel and tour services. It allows users to buy services comprising domestic and international tours, hotel accommodation, Cyprus hotels, car rentals, flight tickets, transfers, and holidays.

Gezinomi Seyahat Turizm Ticaret Anonim Sirketi (IST:GZNMI) Headlines

No Headlines