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Cerved Group SpAMEX:CERVN 8 Earnings Yield (Joel Greenblatt) % is 2.23% as of Sep. 2021, which is 43% below its 10-year median of 3.89. GuruFocus rates MEX:CERVN with a GF Score™ of 8/100. The stock has 8 warning signs investors should review.
Cerved Group SpA's Enterprise Value for the quarter that ended in Sep. 2021 was MXN0.00 Mil.
Cerved Group SpA's EBIT for the trailing twelve months (TTM) ended in Sep. 2021 was MXN1,356.65 Mil. Cerved Group SpA's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2021 was 2.23%.
The historical rank and industry rank for Cerved Group SpA's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
MEX:CERVN'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.15 Med: 3.89 Max: 6.84
Current: 2.23
During the past 11 years, the highest Earnings Yield (Joel Greenblatt) of Cerved Group SpA was 6.84%. The lowest was 1.15%. And the median was 3.89%.
MEX:CERVN's Earnings Yield (Joel Greenblatt) % is not ranked
in the Capital Markets industry.
Industry Median: 3.92
vs MEX:CERVN: 2.23
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) %. Cerved Group SpA's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2021 was 14.87%. 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.
Cerved Group SpA (MEX:CERVN) 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.
Cerved Group SpA Earnings Yield (Joel Greenblatt) % Related Terms
Cerved Group SpA Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Cerved Group SpA'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.
Cerved Group SpA Earnings Yield (Joel Greenblatt) % Chart
MEX:CERVN vs VALU: Earnings Yield (Joel Greenblatt) % Comparison
For the Financial Data & Stock Exchanges subindustry, Cerved Group SpA'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.
Cerved Group SpA Earnings Yield (Joel Greenblatt) % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Cerved Group SpA's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Cerved Group SpA's Earnings Yield (Joel Greenblatt) % falls into.
Cerved Group SpA 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.
Cerved Group SpAs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2020 is calculated as
Cerved Group SpA's EBIT for the trailing twelve months (TTM) ended in Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN1,356.65 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 2.23% mean?
Cerved Group SpA (MEX:CERVN) has a Earnings Yield (Joel Greenblatt) % of 2.23% as of Sep. 2021. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Cerved Group SpA and its competitors. This is 43% below median its historical median of 3.89. Over the past decade, Cerved Group SpA's Earnings Yield (Joel Greenblatt) % has ranged from 1.15 to 6.84.
Is Cerved Group SpA's Earnings Yield (Joel Greenblatt) % too high?
Cerved Group SpA's current Earnings Yield (Joel Greenblatt) % of 2.23% is 43% below median its 10-year median of 3.89. Over the past 10 years, this metric has ranged from a low of 1.15 to a high of 6.84. The Capital Markets industry median Earnings Yield (Joel Greenblatt) % is 3.92. Cerved Group SpA's value of 2.23% is 43.1% below this industry median. Overall, Cerved Group SpA has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Cerved Group SpA's Earnings Yield (Joel Greenblatt) % compare to VALU?
Cerved Group SpA's Earnings Yield (Joel Greenblatt) % of 2.23% can be compared against companies in the Capital Markets industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.92. Cerved Group SpA's value of 2.23% is 43.1% below this benchmark. Historically, Cerved Group SpA's own Earnings Yield (Joel Greenblatt) % has ranged from 1.15 to 6.84 over the past decade. While the company's 10-year median is 3.89 vs. the industry median of 3.92, Cerved Group SpA 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 a Capital Markets company?
The median Earnings Yield (Joel Greenblatt) % among Capital Markets companies is 3.92, based on 794 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. Cerved Group SpA's current Earnings Yield (Joel Greenblatt) % of 2.23% is 43.1% 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 Cerved Group SpA and its competitors. For the Capital Markets industry, the median Earnings Yield (Joel Greenblatt) % is 3.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cerved Group SpA's current Earnings Yield (Joel Greenblatt) % is 2.23%, which is 43% below median its own 10-year median of 3.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cerved Group SpA stock overvalued right now?
Cerved Group SpA (MEX:CERVN) has a current Earnings Yield (Joel Greenblatt) % of 2.23%. The current Earnings Yield (Joel Greenblatt) % is 2.23%, which is 43% below median its 10-year median of 3.89 and 43.1% below the Capital Markets industry median of 3.92. Cerved Group SpA's overall GF Score™ is 8/100 with 8 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 Cerved Group SpA (MEX:CERVN), the current Earnings Yield (Joel Greenblatt) % is 2.23% as of Sep. 2021. 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.
Cerved Group SpA is a holding company that owns the Cerved Group, an Italian credit information service provider. It operates through three segments. The Risk Management segment, which accounts for the majority of the Cerved Group's revenue, offers products and services that help businesses and financial institutions to assess the credit status of their customers, business counterparties, and potential customers. The Growth Services segment offers information and analyses that help customers to understand the target market and regions, develop businesses, and improve customer satisfaction. The credit management segment assesses and manages troubled receivables and assets. It generates the majority of its revenue from the Italian domestic market.
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