GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Triboron International AB (OSTO:TRIBO B) » Definitions » Earnings Yield (Joel Greenblatt) %

Triboron International AB (OSTO:TRIBO B) Earnings Yield (Joel Greenblatt) % : -9.36% (As of Sep. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Triboron International AB Earnings Yield (Joel Greenblatt) %?

Triboron International AB's Enterprise Value for the quarter that ended in Sep. 2024 was kr88.6 Mil. Triboron International AB's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was kr-8.3 Mil. Triboron International AB's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2024 was -9.36%.

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

OSTO:TRIBO B' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -78.39   Med: -22.18   Max: -3.69
Current: -10.55

During the past 8 years, the highest Earnings Yield (Joel Greenblatt) of Triboron International AB was -3.69%. The lowest was -78.39%. And the median was -22.18%.

OSTO:TRIBO B's Earnings Yield (Joel Greenblatt) % is ranked worse than
92.23% of 1582 companies
in the Chemicals industry
Industry Median: 3.71 vs OSTO:TRIBO B: -10.55

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) %. Triboron International AB's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2024 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.


Triboron International AB Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Triboron International 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.

Triboron International AB Earnings Yield (Joel Greenblatt) % Chart

Triboron International AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial -15.22 -32.47 -59.88 -59.88 -15.08

Triboron International AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -13.87 -15.08 -17.89 -15.41 -9.36

Competitive Comparison of Triboron International AB's Earnings Yield (Joel Greenblatt) %

For the Specialty Chemicals subindustry, Triboron International 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.


Triboron International AB's Earnings Yield (Joel Greenblatt) % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Triboron International AB's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Triboron International AB's Earnings Yield (Joel Greenblatt) % falls into.



Triboron International 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.

Triboron International ABs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-9.592/63.606184
=-15.08 %

Triboron International AB's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-8.3 Mil.



Triboron International AB  (OSTO:TRIBO 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.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


Triboron International AB Earnings Yield (Joel Greenblatt) % Related Terms

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


Triboron International AB Business Description

Traded in Other Exchanges
N/A
Address
Gunnebogatan 34, Spanga, SWE, 163 53
Triboron International AB is a Swedish environmental technology company founded and managed by a group of Swedish industrialists. The company's technology is developed for industrial integration into fuels for a wide range of vehicles and machines. Further, it reduces carbon dioxide emissions and provides financial savings. It also enables increased use of biofuels.

Triboron International AB Headlines

No Headlines