What is Ontex Group NV Earnings Yield (Joel Greenblatt) %?
Ontex Group NV's Enterprise Value for the quarter that ended in Dec. 2023 was $1,373.8 Mil.
Ontex Group NV's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $66.6 Mil. Ontex Group NV's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 7.11%.
The historical rank and industry rank for Ontex Group NV's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
ONXXF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.85 Med: 3.67 Max: 19.96
Current: 4.26
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Ontex Group NV was 19.96%. The lowest was 1.85%. And the median was 3.67%.
ONXXF's Earnings Yield (Joel Greenblatt) % is ranked worse than 54.93% of 1946
companies
in the Consumer Packaged Goods industry
Industry Median: 4.92
vs ONXXF: 4.26
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) %. Ontex Group NV's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 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.
Ontex Group NV Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Ontex Group NV'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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Ontex Group NV Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of Ontex Group NV's Earnings Yield (Joel Greenblatt) %
For the Household & Personal Products subindustry, Ontex Group NV'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.
Ontex Group NV's Earnings Yield (Joel Greenblatt) % Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Ontex Group NV's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Ontex Group NV's Earnings Yield (Joel Greenblatt) % falls into.
Ontex Group NV 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.
Ontex Group NVs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as
Ontex Group NV's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $66.6 Mil.
Ontex Group NV (OTCPK:ONXXF) 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.
Ontex Group NV Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Ontex Group NV's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Ontex Group NV (Ontex Group NV) Business Description
Ontex Group NV is an international producer of personal-hygiene solutions offered in Europe, Russia, the Middle East, North Africa, and the Americas. Its main business segments are baby care, feminine care, and adult care. Baby care offers mainly diapers and training underpants under a variety of brands: at a lower price point, Canbebe is offered across the Middle East and Africa; Helen Harper Baby is offered across Eastern Europe, Russia, and Africa; ecological diapers such as Bio Baby are offered across Germany; and the Kiddies brand is offered in Mexico. Feminine Care offers towels, liners, and tampons under the Helen Harper and Fiore brands. Adult Care offers incontinence products, pull-up pants, and adult diapers under the Serenity, Id, Canped, and Euron brands.
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