Empresas ICAB de CV (MEX:ICA) Earnings Yield (Joel Greenblatt) %: 0.00% (As of Mar. 2017)

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What is Empresas ICAB de CV Earnings Yield (Joel Greenblatt) %?

Empresas ICAB de CV MEX:ICA Earnings Yield (Joel Greenblatt) % is 0.00% as of Mar. 2017.

Empresas ICAB de CV's Enterprise Value for the quarter that ended in Mar. 2017 was MXN73,020 Mil. Empresas ICAB de CV's EBIT for the trailing twelve months (TTM) ended in Mar. 2017 was MXN-2,159 Mil. Empresas ICAB de CV's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2017 was 0.00%.

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

MEX:ICA's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Construction industry.
Industry Median: 6.44
* Ranked among companies with meaningful Earnings Yield (Joel Greenblatt) % only.

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) %. Empresas ICAB de CV's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2017 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.


Empresas ICAB de CV  (MEX:ICA) 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.


Empresas ICAB de CV Earnings Yield (Joel Greenblatt) % Related Terms


Empresas ICAB de CV Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Empresas ICAB de CV'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.

Empresas ICAB de CV Earnings Yield (Joel Greenblatt) % Chart

Empresas ICAB de CV Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.84 7.47 4.60 -14.27 -5.81

Empresas ICAB de CV Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 -13.00 -15.92 -14.99 -5.81 0.00

Empresas ICAB de CV Earnings Yield (Joel Greenblatt) % Competitor Comparison

For the Engineering & Construction subindustry, Empresas ICAB de CV'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.


Empresas ICAB de CV Earnings Yield (Joel Greenblatt) % vs Construction Industry

For the Construction industry and Industrials sector, Empresas ICAB de CV's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Empresas ICAB de CV's Earnings Yield (Joel Greenblatt) % falls into.



Empresas ICAB de CV 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.

Empresas ICAB de CVs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2016 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-3942.919/70489.868237402
=-5.59 %

Empresas ICAB de CV's EBIT for the trailing twelve months (TTM) ended in Mar. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-2,159 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 0.00% mean?
Empresas ICAB de CV (MEX:ICA) has a Earnings Yield (Joel Greenblatt) % of 0.00% as of Mar. 2017. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Empresas ICAB de CV and its competitors.
Is Empresas ICAB de CV's Earnings Yield (Joel Greenblatt) % too high?
Empresas ICAB de CV's current Earnings Yield (Joel Greenblatt) % is 0.00%.
How does Empresas ICAB de CV's Earnings Yield (Joel Greenblatt) % compare to competitors?
Empresas ICAB de CV's Earnings Yield (Joel Greenblatt) % of 0.00% can be compared against companies in the Construction industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.44. 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 Construction company?
The median Earnings Yield (Joel Greenblatt) % among Construction companies is 6.44, based on 1,799 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. 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 Empresas ICAB de CV and its competitors. For the Construction industry, the median Earnings Yield (Joel Greenblatt) % is 6.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Empresas ICAB de CV's current Earnings Yield (Joel Greenblatt) % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empresas ICAB de CV stock overvalued right now?
Empresas ICAB de CV (MEX:ICA) has a current Earnings Yield (Joel Greenblatt) % of 0.00%. The current Earnings Yield (Joel Greenblatt) % is 0.00%. 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 Empresas ICAB de CV (MEX:ICA), the current Earnings Yield (Joel Greenblatt) % is 0.00% as of Mar. 2017. 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.

Empresas ICAB de CV Business Description

Address Boulevard Manuel Avila Camacho 36, Col. Lomas de Chapultepec, Delegation Miguel Hidalgo, Mexico City, DF, MEX, 11000
Empresas ICA SAB de CV is an engineering, procurement, and construction company. It provides construction and related services which includes development and construction of infrastructure facilities, industrial and urban construction, construction, maintenance and operation of airports, highways, social infrastructure and tunnels and operation and management of water supply and waste disposal systems. The company has Civil construction, Industrial construction, Airports, Concessions and Corporate and Other segments. It derives the majority of its revenues from Civil construction segment.