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Crown Energy AB (NGM:CRWN) Earnings Yield (Joel Greenblatt) % : -15.24% (As of Sep. 2024)


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What is Crown Energy AB Earnings Yield (Joel Greenblatt) %?

Crown Energy AB's Enterprise Value for the quarter that ended in Sep. 2024 was kr432.42 Mil. Crown Energy AB's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was kr-65.90 Mil. Crown Energy AB's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2024 was -15.24%.

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

NGM:CRWN' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -6895.03   Med: 4.87   Max: 782.58
Current: -64.08

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Crown Energy AB was 782.58%. The lowest was -6895.03%. And the median was 4.87%.

NGM:CRWN's Earnings Yield (Joel Greenblatt) % is ranked worse than
97.6% of 1835 companies
in the Real Estate industry
Industry Median: 3.7 vs NGM:CRWN: -64.08

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) %. Crown Energy AB's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2024 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.


Crown Energy AB Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Crown Energy AB'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.

Crown Energy AB Earnings Yield (Joel Greenblatt) % Chart

Crown Energy AB 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 34.13 9.62 -7.29 21.60 3.40

Crown Energy AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -12.41 3.40 11.24 -7.87 -15.24

Competitive Comparison of Crown Energy AB's Earnings Yield (Joel Greenblatt) %

For the Real Estate Services subindustry, Crown Energy AB'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.


Crown Energy AB's Earnings Yield (Joel Greenblatt) % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Crown Energy AB's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Crown Energy AB's Earnings Yield (Joel Greenblatt) % falls into.



Crown Energy AB 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.

Crown Energy ABs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=49.684/1459.48695
=3.40 %

Crown Energy AB's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-65.90 Mil.



Crown Energy AB  (NGM:CRWN) 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.


Crown Energy AB Earnings Yield (Joel Greenblatt) % Related Terms

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


Crown Energy AB Business Description

Industry
Traded in Other Exchanges
N/A
Address
Skeppargatan 27, Stockholm, SWE, SE-114 52
Crown Energy AB is a Sweden based oil and gas company. It is principally engaged in the business activity of exploration and production in underexplored areas, initially in Africa and the Middle East. The firm creates value by finding and developing assets in early stages and then introducing oil and gas industry participants to the projects for further development and production. The group has operations in Equatorial Guinea, South Africa, Madagascar, and Iraq.

Crown Energy AB Headlines

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