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KuibyshevAzot PJSC (MIC:KAZT) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Jun. 2023)


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What is KuibyshevAzot PJSC Earnings Yield (Joel Greenblatt) %?

KuibyshevAzot PJSC's Enterprise Value for the quarter that ended in Jun. 2023 was ₽101,324 Mil. KuibyshevAzot PJSC's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was ₽15,952 Mil. KuibyshevAzot PJSC's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2023 was 0.00%.

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

MIC:KAZT' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.54   Med: 18.85   Max: 54.77
Current: 19.08

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of KuibyshevAzot PJSC was 54.77%. The lowest was 2.54%. And the median was 18.85%.

MIC:KAZT's Earnings Yield (Joel Greenblatt) % is ranked better than
92.33% of 1578 companies
in the Chemicals industry
Industry Median: 3.885 vs MIC:KAZT: 19.08

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) %. KuibyshevAzot PJSC's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2023 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past seven 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.


KuibyshevAzot PJSC Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for KuibyshevAzot PJSC'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.

KuibyshevAzot PJSC Earnings Yield (Joel Greenblatt) % Chart

KuibyshevAzot PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.11 27.86 9.99 5.42 37.17

KuibyshevAzot PJSC Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Jun23
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 18.15 22.12 37.17 23.31 -

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

For the Chemicals subindustry, KuibyshevAzot PJSC'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.


KuibyshevAzot PJSC's Earnings Yield (Joel Greenblatt) % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, KuibyshevAzot PJSC's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



KuibyshevAzot PJSC 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.

KuibyshevAzot PJSCs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2021 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=27060/72880.3968
=37.13 %

KuibyshevAzot PJSC's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₽15,952 Mil.



KuibyshevAzot PJSC  (MIC:KAZT) 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.


KuibyshevAzot PJSC Earnings Yield (Joel Greenblatt) % Related Terms

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


KuibyshevAzot PJSC (MIC:KAZT) Business Description

Industry
Traded in Other Exchanges
Address
Novozavodskaya ul., 6, Samarskaya Oblast, Togliatti, RUS, 445007
KuibyshevAzot PJSC is a Russian-based company that operates in the chemical industry. The business activity of the firm functions in two main areas, namely Caprolactam & Derivatives and Ammonia & Nitrogen Fertilizers segments. It offers products, such as Ammonium nitrate, ?mmonium sulphate, Nitrogen Solution, Caprolactam, Polyamide-6, Cyclohexanone, Industrial yarn & Cord fabric, and others. Also, KuibyshevAzot produces technological gases that meet the needs of its main business areas, and at the same time, are independent commodity products. Its geographical segments are Russia, Asia, Europe, and others.

KuibyshevAzot PJSC (MIC:KAZT) Headlines

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