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Matvareexpressen AS (OSL:MVE) Earnings Yield (Joel Greenblatt) % : 7.34% (As of Dec. 2024)


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What is Matvareexpressen AS Earnings Yield (Joel Greenblatt) %?

Matvareexpressen AS's Enterprise Value for the quarter that ended in Dec. 2024 was kr90.7 Mil. Matvareexpressen AS's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 was kr6.7 Mil. Matvareexpressen AS's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2024 was 7.34%.

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

OSL:MVE' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.22   Med: 5.25   Max: 7.99
Current: 6.18

During the past 4 years, the highest Earnings Yield (Joel Greenblatt) of Matvareexpressen AS was 7.99%. The lowest was 3.22%. And the median was 5.25%.

OSL:MVE's Earnings Yield (Joel Greenblatt) % is ranked better than
64.79% of 1119 companies
in the Retail - Cyclical industry
Industry Median: 4.67 vs OSL:MVE: 6.18

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) %. Matvareexpressen AS's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 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.


Matvareexpressen AS Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Matvareexpressen AS'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.

Matvareexpressen AS Earnings Yield (Joel Greenblatt) % Chart

Matvareexpressen AS Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Earnings Yield (Joel Greenblatt) %
- - 6.67 7.34

Matvareexpressen AS Quarterly Data
Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 6.67 3.40 4.49 3.55 7.34

Competitive Comparison of Matvareexpressen AS's Earnings Yield (Joel Greenblatt) %

For the Internet Retail subindustry, Matvareexpressen AS'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.


Matvareexpressen AS's Earnings Yield (Joel Greenblatt) % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Matvareexpressen AS's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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


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Matvareexpressen AS 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.

Matvareexpressen ASs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=6.659/90.673
=7.34 %

Matvareexpressen AS's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr6.7 Mil.



Matvareexpressen AS  (OSL:MVE) 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.


Matvareexpressen AS Earnings Yield (Joel Greenblatt) % Related Terms

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


Matvareexpressen AS Business Description

Traded in Other Exchanges
N/A
Address
Spannavegen 152, Haugesund, NOR, 5535
Matvareexpressen AS is a leading technology enterprise within the online grocery industry. It has positioned itself as a comprehensive supplier, offering a wide range of groceries and food delivery services. It is a one-stop shop for kindergartens, schools, nursery homes, canteens and similar professional buyers.

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