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KCP Sugar & Industries (NSE:KCPSUGIND) Earnings Yield (Joel Greenblatt) % : 16.00% (As of Dec. 2024)


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What is KCP Sugar & Industries Earnings Yield (Joel Greenblatt) %?

KCP Sugar & Industries's Enterprise Value for the quarter that ended in Dec. 2024 was ₹5,057 Mil. KCP Sugar & Industries's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 was ₹811 Mil. KCP Sugar & Industries's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2024 was 16.00%.

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

NSE:KCPSUGIND' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.7   Med: 15.64   Max: 46.88
Current: 21.04

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of KCP Sugar & Industries was 46.88%. The lowest was 2.70%. And the median was 15.64%.

NSE:KCPSUGIND's Earnings Yield (Joel Greenblatt) % is ranked better than
93.24% of 1983 companies
in the Consumer Packaged Goods industry
Industry Median: 5.38 vs NSE:KCPSUGIND: 21.04

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) %. KCP Sugar & Industries's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2024 was 20.00%. 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.


KCP Sugar & Industries Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for KCP Sugar & Industries'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.

KCP Sugar & Industries Earnings Yield (Joel Greenblatt) % Chart

KCP Sugar & Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.28 11.39 6.53 25.19 21.65

KCP Sugar & Industries Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 21.05 21.65 22.57 18.48 16.00

Competitive Comparison of KCP Sugar & Industries's Earnings Yield (Joel Greenblatt) %

For the Confectioners subindustry, KCP Sugar & Industries'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.


KCP Sugar & Industries's Earnings Yield (Joel Greenblatt) % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, KCP Sugar & Industries's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where KCP Sugar & Industries's Earnings Yield (Joel Greenblatt) % falls into.


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KCP Sugar & Industries 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.

KCP Sugar & Industriess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=889.325/4078.20175
=21.81 %

KCP Sugar & Industries's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹811 Mil.



KCP Sugar & Industries  (NSE:KCPSUGIND) 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.


KCP Sugar & Industries Earnings Yield (Joel Greenblatt) % Related Terms

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KCP Sugar & Industries Business Description

Traded in Other Exchanges
Address
No. 239 (Old No. 183), Anna Salai, Post Box No. 727, Ramakrishna Buildings, Chennai, TN, IND, 600006
KCP Sugar & Industries Corp Ltd along with its subsidiaries is engaged in manufacturing sugar, rectified spirit, extra neutral alcohol, ethanol, incidental cogeneration of power, organic manure, mycorrhiza vam, calcium lactate, and co2. The company's operating segments include Sugar; Chemicals; Power and fuel; Engineering and Others. It generates maximum revenue from the Sugar segment. Geographically company derives the majority of its revenue from India.

KCP Sugar & Industries Headlines

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