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Collins Property Group (JSE:CPP) Earnings Yield (Joel Greenblatt) % : 12.61% (As of Feb. 2025)


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What is Collins Property Group Earnings Yield (Joel Greenblatt) %?

Collins Property Group's Enterprise Value for the quarter that ended in Feb. 2025 was R9,607 Mil. Collins Property Group's EBIT for the trailing twelve months (TTM) ended in Feb. 2025 was R1,212 Mil. Collins Property Group's Earnings Yield (Joel Greenblatt) for the quarter that ended in Feb. 2025 was 12.61%.

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

JSE:CPP' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2.08   Med: 10.59   Max: 14.44
Current: 12.99

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Collins Property Group was 14.44%. The lowest was -2.08%. And the median was 10.59%.

JSE:CPP's Earnings Yield (Joel Greenblatt) % is ranked better than
84.51% of 1834 companies
in the Real Estate industry
Industry Median: 4.205 vs JSE:CPP: 12.99

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) %. Collins Property Group's Forward Rate of Return (Yacktman) % for the quarter that ended in Feb. 2025 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.


Collins Property Group Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Collins Property Group'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.

Collins Property Group Earnings Yield (Joel Greenblatt) % Chart

Collins Property Group Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.05 11.57 14.12 13.28 12.61

Collins Property Group Semi-Annual Data
Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25
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 14.12 - 13.28 - 12.61

Competitive Comparison of Collins Property Group's Earnings Yield (Joel Greenblatt) %

For the Real Estate Services subindustry, Collins Property Group'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.


Collins Property Group's Earnings Yield (Joel Greenblatt) % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Collins Property Group's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Collins Property Group's Earnings Yield (Joel Greenblatt) % falls into.


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Collins Property Group 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.

Collins Property Groups Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Feb. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=1211.628/9607.20831
=12.61 %

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.



Collins Property Group  (JSE:CPP) 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.


Collins Property Group Earnings Yield (Joel Greenblatt) % Related Terms

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Collins Property Group Business Description

Industry
Traded in Other Exchanges
N/A
Address
1 Richefond Circle, Ridgeside Office Park, Umhlanga, NL, ZAF, 4319
Collins Property Group Ltd operates as an investment holding company, with interests in real properties, service offices, and financial services. Its activities include the development and management of commercial and residential real estate. It operates through the following segments that include Property Austria, Property Namibia, Property rest of Africa, Property South Africa, and Other. Its revenue includes rental income, initiation fees, interest income, other fee income and service charges, and revenue from hotel operations.

Collins Property Group Headlines