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Perfect Infraengineers (NSE:PERFECT) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Sep. 2023)


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What is Perfect Infraengineers Earnings Yield (Joel Greenblatt) %?

Perfect Infraengineers's Enterprise Value for the quarter that ended in Sep. 2023 was ₹341.77 Mil. Perfect Infraengineers's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was ₹9.49 Mil. Perfect Infraengineers's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2023 was 0.00%.

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

NSE:PERFECT' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -9.82   Med: 6.4   Max: 16.97
Current: 1.86

During the past 9 years, the highest Earnings Yield (Joel Greenblatt) of Perfect Infraengineers was 16.97%. The lowest was -9.82%. And the median was 6.40%.

NSE:PERFECT's Earnings Yield (Joel Greenblatt) % is ranked worse than
53.01% of 998 companies
in the Semiconductors industry
Industry Median: 2.13 vs NSE:PERFECT: 1.86

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) %. Perfect Infraengineers's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2023 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.


Perfect Infraengineers Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Perfect Infraengineers'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.

Perfect Infraengineers Earnings Yield (Joel Greenblatt) % Chart

Perfect Infraengineers Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only 7.58 5.80 2.79 -9.57 0.30

Perfect Infraengineers Semi-Annual Data
Mar15 Mar16 Mar17 Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - -9.57 - 0.30 -

Competitive Comparison of Perfect Infraengineers's Earnings Yield (Joel Greenblatt) %

For the Solar subindustry, Perfect Infraengineers'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.


Perfect Infraengineers's Earnings Yield (Joel Greenblatt) % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Perfect Infraengineers's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Perfect Infraengineers 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.

Perfect Infraengineerss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=1.269/416.33196665
=0.30 %

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.



Perfect Infraengineers  (NSE:PERFECT) 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.


Perfect Infraengineers Earnings Yield (Joel Greenblatt) % Related Terms

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Perfect Infraengineers (NSE:PERFECT) Business Description

Traded in Other Exchanges
N/A
Address
Thane Belapur Road, R-637, TTC Industrial Area, MIDC, Rabale, Navi Mumbai, MH, IND, 400701
Perfect Infraengineers Ltd is into manufacturing and trading of Hybrid Thermal Solar Panel and MEP contracting. It is engaged in two categories including Solar Thermal Panels and Hybrid Thermal System. The company has a business of execution of HVAC and manufacturing and trading of Hybrid Solar Thermal Panels and allied activities in India. The company generates key revenue from the sale of goods.

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