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Pulz Electronics (NSE:PULZ) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Sep. 2024)


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What is Pulz Electronics Earnings Yield (Joel Greenblatt) %?

Pulz Electronics's Enterprise Value for the quarter that ended in Sep. 2024 was ₹1,931.4 Mil. Pulz Electronics's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was ₹119.5 Mil. Pulz Electronics's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2024 was 0.00%.

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

NSE:PULZ' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -11.99   Med: 11.67   Max: 155.13
Current: 10.02

During the past 11 years, the highest Earnings Yield (Joel Greenblatt) of Pulz Electronics was 155.13%. The lowest was -11.99%. And the median was 11.67%.

NSE:PULZ's Earnings Yield (Joel Greenblatt) % is ranked better than
78.87% of 2452 companies
in the Hardware industry
Industry Median: 3.15 vs NSE:PULZ: 10.02

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) %. Pulz Electronics'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 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.


Pulz Electronics Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Pulz Electronics'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.

Pulz Electronics Earnings Yield (Joel Greenblatt) % Chart

Pulz Electronics Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 112.36 -11.83 10.33 20.12 8.41

Pulz Electronics Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 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 - 20.12 - 8.41 -

Competitive Comparison of Pulz Electronics's Earnings Yield (Joel Greenblatt) %

For the Consumer Electronics subindustry, Pulz Electronics'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.


Pulz Electronics's Earnings Yield (Joel Greenblatt) % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Pulz Electronics's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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


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Pulz Electronics 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.

Pulz Electronicss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=109.883/1306.032
=8.41 %

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.



Pulz Electronics  (NSE:PULZ) 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.


Pulz Electronics Earnings Yield (Joel Greenblatt) % Related Terms

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


Pulz Electronics Business Description

Industry
Traded in Other Exchanges
N/A
Address
Veera Desai Road, Kailashpati, 2nd Floor, Plot No. 10A, Andheri (West), Mumbai, MH, IND, 400 053
Pulz Electronics Ltd develops, manufactures, and sells audio systems and solutions to the cinema, pro-audio, studio, and home audio industries in India and internationally. The technologies offered by the Line Source, IsoWave, WaveDrive, AeroWave and Point Source Precision. The company's business falls within a single business segment of Audio Systems.

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