Volgogradenergosbyt PJSC (MIC:VGSB) Earnings Yield (Joel Greenblatt) %: 46.73% (As of Dec. 2023)

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MIC:VGSB Volgogradenergosbyt PJSC MIC:VGSB
17 GF Score
Price ₽11.60
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What is Volgogradenergosbyt PJSC Earnings Yield (Joel Greenblatt) %?

Volgogradenergosbyt PJSC MIC:VGSB +3.11% 17 Earnings Yield (Joel Greenblatt) % is 46.73% as of Dec. 2023. GuruFocus rates MIC:VGSB with a GF Score™ of 17/100.

Volgogradenergosbyt PJSC's Enterprise Value for the quarter that ended in Dec. 2023 was ₽4,610 Mil. Volgogradenergosbyt PJSC's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₽1,218 Mil. Volgogradenergosbyt PJSC's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 46.73%.

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

MIC:VGSB's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Utilities - Regulated industry.
Industry Median: 6.5
* 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) %. Volgogradenergosbyt PJSC's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 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.


Volgogradenergosbyt PJSC  (MIC:VGSB) 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.


Volgogradenergosbyt PJSC Earnings Yield (Joel Greenblatt) % Related Terms


Volgogradenergosbyt PJSC Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Volgogradenergosbyt 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.

Volgogradenergosbyt PJSC Earnings Yield (Joel Greenblatt) % Chart

Volgogradenergosbyt PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -625.00 11.83 23.87 84.75 46.73

Volgogradenergosbyt PJSC Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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 57.14 84.75 138.89 10.98 46.73

MIC:VGSB vs NEE, SO, DUK: Earnings Yield (Joel Greenblatt) % Comparison

For the Utilities - Regulated Electric subindustry, Volgogradenergosbyt 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.


Volgogradenergosbyt PJSC Earnings Yield (Joel Greenblatt) % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Volgogradenergosbyt PJSC's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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


MIC:VGSB
17GF Score
Volgogradenergosbyt PJSC MIC:VGSB
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Volgogradenergosbyt 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.

Volgogradenergosbyt PJSCs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=2153.92/4610.3365
=46.72 %

Volgogradenergosbyt PJSC's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₽1,218 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 46.73% mean?
Volgogradenergosbyt PJSC (MIC:VGSB) has a Earnings Yield (Joel Greenblatt) % of 46.73% as of Dec. 2023. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Volgogradenergosbyt PJSC and its competitors.
Is Volgogradenergosbyt PJSC's Earnings Yield (Joel Greenblatt) % too high?
Volgogradenergosbyt PJSC's current Earnings Yield (Joel Greenblatt) % is 46.73%. The Utilities - Regulated industry median Earnings Yield (Joel Greenblatt) % is 6.50. Volgogradenergosbyt PJSC's value of 46.73% is 618.9% above this industry median. Overall, Volgogradenergosbyt PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Volgogradenergosbyt PJSC's Earnings Yield (Joel Greenblatt) % compare to NEE and SO?
Volgogradenergosbyt PJSC's Earnings Yield (Joel Greenblatt) % of 46.73% can be compared against companies in the Utilities - Regulated industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.50. Volgogradenergosbyt PJSC's value of 46.73% is 618.9% 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 an Utilities - Regulated company?
The median Earnings Yield (Joel Greenblatt) % among Utilities - Regulated companies is 6.50, based on 509 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. Volgogradenergosbyt PJSC's current Earnings Yield (Joel Greenblatt) % of 46.73% is 618.9% 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 Volgogradenergosbyt PJSC and its competitors. For the Utilities - Regulated industry, the median Earnings Yield (Joel Greenblatt) % is 6.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Volgogradenergosbyt PJSC's current Earnings Yield (Joel Greenblatt) % is 46.73%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Volgogradenergosbyt PJSC stock overvalued right now?
Volgogradenergosbyt PJSC (MIC:VGSB) has a current Earnings Yield (Joel Greenblatt) % of 46.73%. The current Earnings Yield (Joel Greenblatt) % is 46.73% and 618.9% above the Utilities - Regulated industry median of 6.50. Volgogradenergosbyt 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 Volgogradenergosbyt PJSC (MIC:VGSB), the current Earnings Yield (Joel Greenblatt) % is 46.73% as of Dec. 2023. 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.

Volgogradenergosbyt PJSC Business Description

Address ul. Kozlovskaya, d. 14, Volgograd, RUS, 400001
Volgogradenergosbyt PJSC purchases and sells electricity to industrial consumers in the wholesale and retail markets.
17GF Score

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

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