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Dar Global (STU:L16) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Jun. 2024)


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What is Dar Global Earnings Yield (Joel Greenblatt) %?

Dar Global's Enterprise Value for the quarter that ended in Jun. 2024 was €712.4 Mil. Dar Global's EBIT for the trailing twelve months (TTM) ended in Jun. 2024 was €54.4 Mil. Dar Global's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2024 was 0.00%.

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

STU:L16' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -0.68   Med: 5.14   Max: 7.22
Current: 5.71

During the past 5 years, the highest Earnings Yield (Joel Greenblatt) of Dar Global was 7.22%. The lowest was -0.68%. And the median was 5.14%.

STU:L16's Earnings Yield (Joel Greenblatt) % is ranked better than
61.1% of 1833 companies
in the Real Estate industry
Industry Median: 3.71 vs STU:L16: 5.71

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) %. Dar Global's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 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.


Dar Global Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Dar Global'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.

Dar Global Earnings Yield (Joel Greenblatt) % Chart

Dar Global Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
- - - - 12.27

Dar Global Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only - - - 12.27 -

Competitive Comparison of Dar Global's Earnings Yield (Joel Greenblatt) %

For the Real Estate - Development subindustry, Dar Global'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.


Dar Global's Earnings Yield (Joel Greenblatt) % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Dar Global's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Dar Global 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.

Dar Globals Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=79.106/608.55064
=13.00 %

For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.



Dar Global  (STU:L16) 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.


Dar Global Earnings Yield (Joel Greenblatt) % Related Terms

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


Dar Global Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Dar Global PLC (STU:L16) » Definitions » Earnings Yield (Joel Greenblatt) %
Traded in Other Exchanges
Address
65 Gresham Street, Link Company Matters Limited, 6th Floor, London, GBR, EC2V 7NQ
Dar Global PLC is an international real estate developer. The company is engaged in development and sale of real estate and has two segments namely Domestic and International. It generates maximum revenue from International Segment.

Dar Global Headlines

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