What is Bergs Timber AB Earnings Yield (Joel Greenblatt) %?
Bergs Timber AB's Enterprise Value for the quarter that ended in Sep. 2023 was kr1,046 Mil.
Bergs Timber AB's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was kr-31 Mil. Bergs Timber AB's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2023 was -1.36%.
The historical rank and industry rank for Bergs Timber AB's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
OSTO:BRG B'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1.36 Med: 13.08 Max: 23.96
Current: -1.29
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Bergs Timber AB was 23.96%. The lowest was -1.36%. And the median was 13.08%.
OSTO:BRG B's Earnings Yield (Joel Greenblatt) % is not ranked
in the Forest Products industry.
Industry Median: 3.935
vs OSTO:BRG B: -1.29
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) %. Bergs Timber AB's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2023 was 6.03%. 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.
Bergs Timber AB Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Bergs Timber AB'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.
Bergs Timber AB Earnings Yield (Joel Greenblatt) % Chart
For the Lumber & Wood Production subindustry, Bergs Timber AB'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.
Bergs Timber AB's Earnings Yield (Joel Greenblatt) % Distribution in the Forest Products Industry
For the Forest Products industry and Basic Materials sector, Bergs Timber AB's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Bergs Timber AB's Earnings Yield (Joel Greenblatt) % falls into.
Bergs Timber AB 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.
Bergs Timber ABs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2022 is calculated as
Bergs Timber AB's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-31 Mil.
Bergs Timber AB (OSTO:BRG B) 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.
Bergs Timber AB Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Bergs Timber AB's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Bergs Timber AB is engaged in the production and sale of sawn and processed timber products. The company manufactures gardening products, windows, doors, and prefabricated houses, and a facility for rot-proofing wood in Sweden. The company operates in three business segments: Wood Protection, Joinery, and Sawn Wood. Wood Protection conducts operations in wood preservatives. The Joinery product area manufactures processed products from wood such as houses, windows, and doors as well as a broad range of garden products such as fencing, windbreaks, benches, tables, and swimming pool sets. The Sawn Wood product area produces sawn products from two subsidiaries: Vika Wood in Latvia and Laest in Estonia.
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