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Slovnaft ASLTS:0MZI 8 Earnings Yield (Joel Greenblatt) % is 2.64% as of Dec. 2019, which is 63% below its 10-year median of 7.21. GuruFocus rates LTS:0MZI with a GF Score™ of 8/100. The stock has 5 warning signs investors should review.
Slovnaft AS's Enterprise Value for the quarter that ended in Dec. 2019 was €0.00 Mil.
Slovnaft AS's EBIT for the trailing twelve months (TTM) ended in Dec. 2019 was €49.14 Mil. Slovnaft AS's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2019 was 2.64%.
The historical rank and industry rank for Slovnaft AS's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
LTS:0MZI'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -9.45 Med: 7.21 Max: 23.51
Current: 2.64
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Slovnaft AS was 23.51%. The lowest was -9.45%. And the median was 7.21%.
LTS:0MZI's Earnings Yield (Joel Greenblatt) % is not ranked
in the Oil & Gas industry.
Industry Median: 5.38
vs LTS:0MZI: 2.64
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) %. Slovnaft AS's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2019 was 25.29%. 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.
Slovnaft AS (LTS:0MZI) 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.
Slovnaft AS Earnings Yield (Joel Greenblatt) % Related Terms
Slovnaft AS Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Slovnaft AS'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.
Slovnaft AS Earnings Yield (Joel Greenblatt) % Chart
For the Oil & Gas Refining & Marketing subindustry, Slovnaft 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.
Slovnaft AS Earnings Yield (Joel Greenblatt) % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Slovnaft AS's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Slovnaft AS's Earnings Yield (Joel Greenblatt) % falls into.
Slovnaft 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.
Slovnaft ASs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2019 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.
What does a Earnings Yield (Joel Greenblatt) % of 2.64% mean?
Slovnaft AS (LTS:0MZI) has a Earnings Yield (Joel Greenblatt) % of 2.64% as of Dec. 2019. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Slovnaft AS and its competitors. This is 63% below median its historical median of 7.21.
Is Slovnaft AS's Earnings Yield (Joel Greenblatt) % too high?
Slovnaft AS's current Earnings Yield (Joel Greenblatt) % of 2.64% is 63% below median its 10-year median of 7.21. The Oil & Gas industry median Earnings Yield (Joel Greenblatt) % is 5.38. Slovnaft AS's value of 2.64% is 50.9% below this industry median. Overall, Slovnaft AS has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Slovnaft AS's Earnings Yield (Joel Greenblatt) % compare to NGL and INT?
Slovnaft AS's Earnings Yield (Joel Greenblatt) % of 2.64% can be compared against companies in the Oil & Gas industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.38. Slovnaft AS's value of 2.64% is 50.9% below this benchmark. While the company's 10-year median is 7.21 vs. the industry median of 5.38, Slovnaft AS has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for an Oil & Gas company?
The median Earnings Yield (Joel Greenblatt) % among Oil & Gas companies is 5.38, based on 1,040 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Slovnaft AS's current Earnings Yield (Joel Greenblatt) % of 2.64% is 50.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Slovnaft AS and its competitors. For the Oil & Gas industry, the median Earnings Yield (Joel Greenblatt) % is 5.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Slovnaft AS's current Earnings Yield (Joel Greenblatt) % is 2.64%, which is 63% below median its own 10-year median of 7.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Slovnaft AS stock overvalued right now?
Slovnaft AS (LTS:0MZI) has a current Earnings Yield (Joel Greenblatt) % of 2.64%. The current Earnings Yield (Joel Greenblatt) % is 2.64%, which is 63% below median its 10-year median of 7.21 and 50.9% below the Oil & Gas industry median of 5.38. Slovnaft AS's overall GF Score™ is 8/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Slovnaft AS (LTS:0MZI), the current Earnings Yield (Joel Greenblatt) % is 2.64% as of Dec. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Slovnaft AS is engaged in processing crude oil and motor fuels, heating oils and other products, their distribution and sale to wholesale customers as well as to end-customers through its own network of service stations. The group manages its operations in the following segments: Refining and Marketing, Retail, and Other segments. Refining and Marketing segment processes crude oil and markets refinery products and plastics. The retail segment operates a network of petrol stations. It generates maximum revenue from the Refining and Marketing segment. Geographically, it derives a majority of revenue from the Slovak Republic and also has a presence in Czech Republic, Austria, Hungary, Poland, Germany, Italy, Croatia, Romania, The Netherlands, Serbia, and Other Countries.
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