OAOFY (Tatneft PJSC) Earnings Yield (Joel Greenblatt) %: 20.24% (As of Jun. 2022)

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OAOFY Tatneft PJSC OAOFY
17 GF Score
Price $9.55
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What is Tatneft PJSC Earnings Yield (Joel Greenblatt) %?

Tatneft PJSC OAOFY 17 Earnings Yield (Joel Greenblatt) % is 20.24% as of Jun. 2022. GuruFocus rates OAOFY with a GF Score™ of 17/100.

Tatneft PJSC's Enterprise Value for the quarter that ended in Jun. 2022 was $711 Mil. Tatneft PJSC's EBIT for the trailing twelve months (TTM) ended in Jun. 2022 was $5,273 Mil. Tatneft PJSC's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2022 was 20.24%.

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

OAOFY's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Oil & Gas industry.
Industry Median: 4.92
* 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) %. Tatneft PJSC's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2022 was 14.86%. 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.


Tatneft PJSC  (OTCPK:OAOFY) 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.


Tatneft PJSC Earnings Yield (Joel Greenblatt) % Related Terms


Tatneft PJSC Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Tatneft PJSC'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.

Tatneft PJSC Earnings Yield (Joel Greenblatt) % Chart

Tatneft PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.68 26.11 15.82 14.37 30.77

Tatneft PJSC Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 14.39 14.37 21.37 30.77 20.24

OAOFY vs XOM, CVX: Earnings Yield (Joel Greenblatt) % Comparison

For the Oil & Gas Integrated subindustry, Tatneft PJSC'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.


Tatneft PJSC Earnings Yield (Joel Greenblatt) % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tatneft PJSC's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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


OAOFY
17GF Score
Tatneft PJSC OAOFY
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tatneft PJSC 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.

Tatneft PJSCs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2021 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=3658.335/12444.139
=29.40 %

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.


What does a Earnings Yield (Joel Greenblatt) % of 20.24% mean?
Tatneft PJSC (OAOFY) has a Earnings Yield (Joel Greenblatt) % of 20.24% as of Jun. 2022. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Tatneft PJSC and its competitors.
Is Tatneft PJSC's Earnings Yield (Joel Greenblatt) % too high?
Tatneft PJSC's current Earnings Yield (Joel Greenblatt) % is 20.24%. The Oil & Gas industry median Earnings Yield (Joel Greenblatt) % is 4.92. Tatneft PJSC's value of 20.24% is 311.4% above this industry median. Overall, Tatneft PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Tatneft PJSC's Earnings Yield (Joel Greenblatt) % compare to XOM and CVX?
Tatneft PJSC's Earnings Yield (Joel Greenblatt) % of 20.24% can be compared against companies in the Oil & Gas industry. The industry median Earnings Yield (Joel Greenblatt) % is 4.92. Tatneft PJSC's value of 20.24% is 311.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for an Oil & Gas company?
The median Earnings Yield (Joel Greenblatt) % among Oil & Gas companies is 4.92, based on 1,033 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tatneft PJSC's current Earnings Yield (Joel Greenblatt) % of 20.24% is 311.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Tatneft PJSC and its competitors. For the Oil & Gas industry, the median Earnings Yield (Joel Greenblatt) % is 4.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tatneft PJSC's current Earnings Yield (Joel Greenblatt) % is 20.24%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tatneft PJSC stock overvalued right now?
Tatneft PJSC (OAOFY) has a current Earnings Yield (Joel Greenblatt) % of 20.24%. The current Earnings Yield (Joel Greenblatt) % is 20.24% and 311.4% above the Oil & Gas industry median of 4.92. Tatneft PJSC's overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Tatneft PJSC (OAOFY), the current Earnings Yield (Joel Greenblatt) % is 20.24% as of Jun. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Tatneft PJSC Business Description

Industry EnergyOil & Gas
Address 75 Lenin Street, Republic of Tatarstan, Almetyevsk, RUS, 423450
Tatneft PJSC is an integrated oil and gas company based in Russia. Its operations include developing, producing, refining, and retailing oil and gas. Upstream, the company explores and produces oil within Western Russian oilfields. A large portion of its crude oil is sent to its Taneco refinery, or is sold to other Russian refineries. The remaining crude is exported to further markets, mainly Europe. Downstream, Tatneft refines and markets numerous petroleum and gas products. It then captures retail revenue from its filling stations, most of which are in Russia.
17GF Score

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Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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