What is AYO Technology Solutions Earnings Yield (Joel Greenblatt) %?
AYO Technology Solutions's Enterprise Value for the quarter that ended in Aug. 2024 was R-73 Mil.
AYO Technology Solutions's EBIT for the trailing twelve months (TTM) ended in Aug. 2024 was R-563 Mil. AYO Technology Solutions's Earnings Yield (Joel Greenblatt) for the quarter that ended in Aug. 2024 was 769.23%.
The historical rank and industry rank for AYO Technology Solutions's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
JSE:AYO'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -6198.22 Med: 0.8 Max: 19880.24
Current: 625
During the past 10 years, the highest Earnings Yield (Joel Greenblatt) of AYO Technology Solutions was 19880.24%. The lowest was -6198.22%. And the median was 0.80%.
JSE:AYO's Earnings Yield (Joel Greenblatt) % is not ranked
in the Software industry.
Industry Median: 1.66
vs JSE:AYO: 625.00
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) %. AYO Technology Solutions's Forward Rate of Return (Yacktman) % for the quarter that ended in Aug. 2024 was 0.00%. 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.
AYO Technology Solutions Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for AYO Technology Solutions'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.
For the Information Technology Services subindustry, AYO Technology Solutions'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.
AYO Technology Solutions's Earnings Yield (Joel Greenblatt) % Distribution in the Software Industry
For the Software industry and Technology sector, AYO Technology Solutions's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where AYO Technology Solutions's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
AYO Technology Solutionss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Aug. 2024 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.
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.
AYO Technology Solutions Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of AYO Technology Solutions's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
AYO Technology Solutions Ltd is engaged in the provision of technology-related solutions. The company through its subsidiaries provides solutions to both the public and private sectors within South Africa and overseas countries. It offers a diversified portfolio of services such as data analytics, systems integration, and business process management, software development, security, cloud solutions, and digital transformation. The company's operating segment includes Software and consulting; Security solutions; Unified communications; Health care service; Tracking solutions and Managed Services. It generates maximum revenue from the Managed services segment.
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