GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » PHSC PLC (LSE:PHSC) » Definitions » Earnings Yield (Joel Greenblatt) %

PHSC (LSE:PHSC) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Sep. 2024)


View and export this data going back to 2003. Start your Free Trial

What is PHSC Earnings Yield (Joel Greenblatt) %?

PHSC's Enterprise Value for the quarter that ended in Sep. 2024 was £2.81 Mil. PHSC's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was £0.26 Mil. PHSC's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2024 was 0.00%.

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

LSE:PHSC' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -43.69   Med: 13.5   Max: 59.16
Current: 19.72

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of PHSC was 59.16%. The lowest was -43.69%. And the median was 13.50%.

LSE:PHSC's Earnings Yield (Joel Greenblatt) % is ranked better than
89.9% of 584 companies
in the Conglomerates industry
Industry Median: 6.28 vs LSE:PHSC: 19.72

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) %. PHSC's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 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.


PHSC Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for PHSC'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.

PHSC Earnings Yield (Joel Greenblatt) % Chart

PHSC Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.13 59.17 9.08 29.76 19.23

PHSC Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 - 29.76 - 19.23 -

Competitive Comparison of PHSC's Earnings Yield (Joel Greenblatt) %

For the Conglomerates subindustry, PHSC'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.


PHSC's Earnings Yield (Joel Greenblatt) % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, PHSC's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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


;
;

PHSC 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.

PHSCs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=0.435/2.26406
=19.21 %

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.



PHSC  (LSE:PHSC) 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.


PHSC Earnings Yield (Joel Greenblatt) % Related Terms

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


PHSC Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » PHSC PLC (LSE:PHSC) » Definitions » Earnings Yield (Joel Greenblatt) %
Traded in Other Exchanges
N/A
Address
31 Rochester Road, The Old Church, Aylesford, Kent, GBR, ME20 7PR
PHSC PLC through its trading subsidiaries is engaged in providing health, safety, hygiene, and environmental consultancy services and security solutions to the public and private sectors. Majority of the group's revenue is generated by Health and safety services. It serves the leisure industry and carries out a statutory examination of plant and machinery through insurance brokers or directly for clients. Also, it provides consultancy and training in quality systems management. Geographically, all the business activity functions across the region of the UK.

PHSC Headlines

No Headlines