Rostelecom PJSC (MIC:RTKMP) Earnings Yield (Joel Greenblatt) %: 9.33% (As of Dec. 2021)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MIC:RTKMP Rostelecom PJSC MIC:RTKMP
17 GF Score
Price ₽43.15
View Full Analysis

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

Rostelecom PJSC MIC:RTKMP +3.48% 17 Earnings Yield (Joel Greenblatt) % is 9.33% as of Dec. 2021. GuruFocus rates MIC:RTKMP with a GF Score™ of 17/100.

Rostelecom PJSC's Enterprise Value for the quarter that ended in Dec. 2021 was ₽802,118 Mil. Rostelecom PJSC's EBIT for the trailing twelve months (TTM) ended in Dec. 2021 was ₽78,154 Mil. Rostelecom PJSC's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2021 was 9.33%.

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

MIC:RTKMP's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Telecommunication Services industry.
Industry Median: 5.69
* 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) %. Rostelecom PJSC's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2021 was 14.34%. 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.


Rostelecom PJSC  (MIC:RTKMP) 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.


Rostelecom PJSC Earnings Yield (Joel Greenblatt) % Related Terms


Rostelecom PJSC Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Rostelecom 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.

Rostelecom PJSC Earnings Yield (Joel Greenblatt) % Chart

Rostelecom 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 10.95 9.54 10.20 8.31 9.33

Rostelecom PJSC Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 8.31 8.55 8.82 8.96 9.33

MIC:RTKMP vs IHS, TFAOF, CCOI: Earnings Yield (Joel Greenblatt) % Comparison

For the Telecom Services subindustry, Rostelecom 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.


Rostelecom PJSC Earnings Yield (Joel Greenblatt) % vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Rostelecom PJSC's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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


MIC:RTKMP
17GF Score
Rostelecom PJSC MIC:RTKMP
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rostelecom 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.

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

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=78154/802118.09145
=9.74 %

Rostelecom PJSC's EBIT for the trailing twelve months (TTM) ended in Dec. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was ₽78,154 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 9.33% mean?
Rostelecom PJSC (MIC:RTKMP) has a Earnings Yield (Joel Greenblatt) % of 9.33% as of Dec. 2021. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Rostelecom PJSC and its competitors.
Is Rostelecom PJSC's Earnings Yield (Joel Greenblatt) % too high?
Rostelecom PJSC's current Earnings Yield (Joel Greenblatt) % is 9.33%. The Telecommunication Services industry median Earnings Yield (Joel Greenblatt) % is 5.69. Rostelecom PJSC's value of 9.33% is 64% above this industry median. Overall, Rostelecom PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Rostelecom PJSC's Earnings Yield (Joel Greenblatt) % compare to IHS and TFAOF?
Rostelecom PJSC's Earnings Yield (Joel Greenblatt) % of 9.33% can be compared against companies in the Telecommunication Services industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.69. Rostelecom PJSC's value of 9.33% is 64% above this benchmark. 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 Telecommunication Services company?
The median Earnings Yield (Joel Greenblatt) % among Telecommunication Services companies is 5.69, based on 371 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. Rostelecom PJSC's current Earnings Yield (Joel Greenblatt) % of 9.33% is 64% above 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 Rostelecom PJSC and its competitors. For the Telecommunication Services industry, the median Earnings Yield (Joel Greenblatt) % is 5.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rostelecom PJSC's current Earnings Yield (Joel Greenblatt) % is 9.33%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rostelecom PJSC stock overvalued right now?
Rostelecom PJSC (MIC:RTKMP) has a current Earnings Yield (Joel Greenblatt) % of 9.33%. The current Earnings Yield (Joel Greenblatt) % is 9.33% and 64% above the Telecommunication Services industry median of 5.69. Rostelecom PJSC's overall GF Score™ is 17/100. 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 Rostelecom PJSC (MIC:RTKMP), the current Earnings Yield (Joel Greenblatt) % is 9.33% as of Dec. 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.

Rostelecom PJSC Business Description

Address Goncharnaya Street, 30 (Building 1), Moscow, RUS, 115172
Rostelecom PJSC had a monopoly on domestic and international long-distance telephone services in Russia until the market was deregulated on Jan. 1, 2006, allowing competition. The firm still has over 50% market share in the sector. It carries over 10 billion domestic and over 4.8 billion international long-distance minutes of traffic. Rostelecom also runs other businesses, including leased line services, intelligent network services, and customer equipment servicing.
17GF Score

Get the complete analysis for MIC:RTKMP

Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₽43.15
Price