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Continental Seeds and Chemicals (NSE:CONTI) Earnings Yield (Joel Greenblatt) % : 5.28% (As of Mar. 2022)


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What is Continental Seeds and Chemicals Earnings Yield (Joel Greenblatt) %?

Continental Seeds and Chemicals's Enterprise Value for the quarter that ended in Mar. 2022 was ₹151.6 Mil. Continental Seeds and Chemicals's EBIT for the trailing twelve months (TTM) ended in Mar. 2022 was ₹8.0 Mil. Continental Seeds and Chemicals's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2022 was 5.28%.

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

NSE:CONTI's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Agriculture industry.
Industry Median: 4.44
* 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) %. Continental Seeds and Chemicals's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2022 was 4.19%. 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.


Continental Seeds and Chemicals Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Continental Seeds and Chemicals'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.

Continental Seeds and Chemicals Earnings Yield (Joel Greenblatt) % Chart

Continental Seeds and Chemicals Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 13.64 4.95 8.71 5.28

Continental Seeds and Chemicals Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only - 13.64 4.95 8.71 5.28

Competitive Comparison of Continental Seeds and Chemicals's Earnings Yield (Joel Greenblatt) %

For the Agricultural Inputs subindustry, Continental Seeds and Chemicals'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.


Continental Seeds and Chemicals's Earnings Yield (Joel Greenblatt) % Distribution in the Agriculture Industry

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

* The bar in red indicates where Continental Seeds and Chemicals's Earnings Yield (Joel Greenblatt) % falls into.



Continental Seeds and Chemicals 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.

Continental Seeds and Chemicalss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2022 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=8.007/151.56484
=5.28 %

For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.



Continental Seeds and Chemicals  (NSE:CONTI) 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.


Continental Seeds and Chemicals Earnings Yield (Joel Greenblatt) % Related Terms

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


Continental Seeds and Chemicals (NSE:CONTI) Business Description

Traded in Other Exchanges
N/A
Address
Okhla Industrial Area, Pocket A, Okhla Phase I, Fourth Floor, C-67, DDA Sheds, New Delhi, IND, 110020
Continental Seeds and Chemicals Ltd is engaged in the business of developing, processing, grading and supplying of all kind of agricultural foundation and certified seeds and trading of Mentha Oil. The firm is engaged in the whole process of processing in varieties of seeds, foundation seed, and processing of the same into certified seeds.

Continental Seeds and Chemicals (NSE:CONTI) Headlines

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