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Tornado Infrastructure Equipment (FRA:2FT0) Earnings Yield (Joel Greenblatt) % : 9.22% (As of Dec. 2024)


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What is Tornado Infrastructure Equipment Earnings Yield (Joel Greenblatt) %?

Tornado Infrastructure Equipment's Enterprise Value for the quarter that ended in Dec. 2024 was €98.06 Mil. Tornado Infrastructure Equipment's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 was €9.45 Mil. Tornado Infrastructure Equipment's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2024 was 9.22%.

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

FRA:2FT0' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -123.7   Med: -2.61   Max: 18.22
Current: 6.2

During the past 10 years, the highest Earnings Yield (Joel Greenblatt) of Tornado Infrastructure Equipment was 18.22%. The lowest was -123.70%. And the median was -2.61%.

FRA:2FT0's Earnings Yield (Joel Greenblatt) % is ranked worse than
52.34% of 214 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 6.645 vs FRA:2FT0: 6.20

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) %. Tornado Infrastructure Equipment'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.


Tornado Infrastructure Equipment Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Tornado Infrastructure Equipment'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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Tornado Infrastructure Equipment Earnings Yield (Joel Greenblatt) % Chart

Tornado Infrastructure Equipment Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.77 -4.22 4.29 14.37 9.22

Tornado Infrastructure Equipment Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 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 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 14.37 18.62 11.68 11.16 9.22

Competitive Comparison of Tornado Infrastructure Equipment's Earnings Yield (Joel Greenblatt) %

For the Farm & Heavy Construction Machinery subindustry, Tornado Infrastructure Equipment'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.


Tornado Infrastructure Equipment's Earnings Yield (Joel Greenblatt) % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Tornado Infrastructure Equipment's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Tornado Infrastructure Equipment's Earnings Yield (Joel Greenblatt) % falls into.


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Tornado Infrastructure Equipment 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.

Tornado Infrastructure Equipments Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=9.405/98.0551816
=9.59 %

Tornado Infrastructure Equipment'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 €9.45 Mil.



Tornado Infrastructure Equipment  (FRA:2FT0) 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.


Tornado Infrastructure Equipment Earnings Yield (Joel Greenblatt) % Related Terms

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Tornado Infrastructure Equipment Business Description

Traded in Other Exchanges
Address
300 – 5th Avenue South West, Suite 1800, Calgary, AB, CAN, T2P 3C4
Tornado Infrastructure Equipment Ltd is a truck manufacturer. It designs and manufactures hydrovac trucks as well as provides heavy-duty truck maintenance operations in central Alberta. The group sells hydrovac trucks to excavation service providers in the infrastructure and industrial construction and oil and gas markets. Its brands for parts include CatPumps, Ripsaw, Kenworth, and others.

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