The historical rank and industry rank for Oba Makarnaciliknayi ve Ticaret AS's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
IST:OBAMS'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.08 Med: 0.12 Max: 0.13
Current: 0.12
During the past 3 years, the highest Earnings Yield (Joel Greenblatt) of Oba Makarnaciliknayi ve Ticaret AS was 0.13%. The lowest was 0.08%. And the median was 0.12%.
IST:OBAMS's Earnings Yield (Joel Greenblatt) % is ranked worse than 75.51% of 1964
companies
in the Consumer Packaged Goods industry
Industry Median: 5.185
vs IST:OBAMS: 0.12
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) %. Oba Makarnaciliknayi ve Ticaret AS's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 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.
Oba Makarnaciliknayi ve Ticaret AS Earnings Yield (Joel Greenblatt) % Historical Data
* 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.
Oba Makarnaciliknayi ve Ticaret AS Earnings Yield (Joel Greenblatt) % Chart
Oba Makarnaciliknayi ve Ticaret AS Annual Data
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Dec20
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Dec22
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Oba Makarnaciliknayi ve Ticaret AS Quarterly Data
Dec20
Dec21
Sep22
Dec22
Sep23
Earnings Yield (Joel Greenblatt) %
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Competitive Comparison of Oba Makarnaciliknayi ve Ticaret AS's Earnings Yield (Joel Greenblatt) %
For the Packaged Foods subindustry, Oba Makarnaciliknayi ve Ticaret AS'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.
Oba Makarnaciliknayi ve Ticaret AS's Earnings Yield (Joel Greenblatt) % Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Oba Makarnaciliknayi ve Ticaret AS's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Oba Makarnaciliknayi ve Ticaret AS's Earnings Yield (Joel Greenblatt) % falls into.
Oba Makarnaciliknayi ve Ticaret AS 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.
Oba Makarnaciliknayi ve Ticaret AS'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 ₺24 Mil.
Oba Makarnaciliknayi ve Ticaret AS (IST:OBAMS) 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.
Oba Makarnaciliknayi ve Ticaret AS Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Oba Makarnaciliknayi ve Ticaret AS's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Oba Makarnaciliknayi ve Ticaret AS (IST:OBAMS) Business Description
Oba Makarnacilik Sanayi ve Ticaret AS is engaged in the food sector. The Company operates in the pasta, noodle, flour, semolina, and wheat products food sector. The Company is also engaged in the purchase and sale of grains (wheat) as a commercial activity. The Company carries out its production activities in Gaziantep Plant and Hendek Plant.
Oba Makarnaciliknayi ve Ticaret AS (IST:OBAMS) Headlines
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