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Vijaya Diagnostic Centre (NSE:VIJAYA) Earnings Yield (Joel Greenblatt) % : 2.12% (As of Mar. 2025)


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What is Vijaya Diagnostic Centre Earnings Yield (Joel Greenblatt) %?

Vijaya Diagnostic Centre's Enterprise Value for the quarter that ended in Mar. 2025 was ₹103,792 Mil. Vijaya Diagnostic Centre's EBIT for the trailing twelve months (TTM) ended in Mar. 2025 was ₹2,199 Mil. Vijaya Diagnostic Centre's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2025 was 2.12%.

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

NSE:VIJAYA' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.62   Med: 2.9   Max: 4.91
Current: 2.32

During the past 7 years, the highest Earnings Yield (Joel Greenblatt) of Vijaya Diagnostic Centre was 4.91%. The lowest was 1.62%. And the median was 2.90%.

NSE:VIJAYA's Earnings Yield (Joel Greenblatt) % is ranked better than
65.3% of 219 companies
in the Medical Diagnostics & Research industry
Industry Median: -1.82 vs NSE:VIJAYA: 2.32

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) %. Vijaya Diagnostic Centre's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2025 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.


Vijaya Diagnostic Centre Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Vijaya Diagnostic Centre'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.

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Vijaya Diagnostic Centre Earnings Yield (Joel Greenblatt) % Chart

Vijaya Diagnostic Centre Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial - 3.68 3.33 2.78 2.12

Vijaya Diagnostic Centre Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2.78 2.46 2.04 1.99 2.12

Competitive Comparison of Vijaya Diagnostic Centre's Earnings Yield (Joel Greenblatt) %

For the Diagnostics & Research subindustry, Vijaya Diagnostic Centre'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.


Vijaya Diagnostic Centre's Earnings Yield (Joel Greenblatt) % Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Vijaya Diagnostic Centre's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Vijaya Diagnostic Centre's Earnings Yield (Joel Greenblatt) % falls into.


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Vijaya Diagnostic Centre 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.

Vijaya Diagnostic Centres Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=2199.084/103792.3692
=2.12 %

Vijaya Diagnostic Centre's EBIT for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹2,199 Mil.



Vijaya Diagnostic Centre  (NSE:VIJAYA) 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.


Vijaya Diagnostic Centre Earnings Yield (Joel Greenblatt) % Related Terms

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Vijaya Diagnostic Centre Business Description

Traded in Other Exchanges
Address
Ground Floor, FPAI Building, No 6-3-883/F, Punjagutta Officers Colony, Near Topaz Building, Hyderabad, TG, IND, 500 082
Vijaya Diagnostic Centre Ltd operates a diagnostic chain in Southern India. The company offers a one-stop solution for pathology and radiology testing services. It provides routine tests, specialized pathology tests, basic tests, and advanced radiology tests. The company also offers a broad spectrum of customized health and wellness packages to its customers. The company's revenue comes from many diagnostic centers, where high-volume sales drive its earnings. The Company operates within India. The company's operations fall within a single business segment, which is Diagnostic Services.

Vijaya Diagnostic Centre Headlines

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