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Krukivsky Carriage Works PJSC (UKEX:KVBZ) Earnings Yield (Joel Greenblatt) % : 17.36% (As of Dec. 2022)


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What is Krukivsky Carriage Works PJSC Earnings Yield (Joel Greenblatt) %?

Krukivsky Carriage Works PJSC's Enterprise Value for the quarter that ended in Dec. 2022 was ₴585 Mil. Krukivsky Carriage Works PJSC's EBIT for the trailing twelve months (TTM) ended in Dec. 2022 was ₴101 Mil. Krukivsky Carriage Works PJSC's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2022 was 17.36%.

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

UKEX:KVBZ' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -246.71   Med: 13.08   Max: 169.57
Current: 9.23

During the past 8 years, the highest Earnings Yield (Joel Greenblatt) of Krukivsky Carriage Works PJSC was 169.57%. The lowest was -246.71%. And the median was 13.08%.

UKEX:KVBZ's Earnings Yield (Joel Greenblatt) % is ranked better than
63.01% of 1003 companies
in the Transportation industry
Industry Median: 6.78 vs UKEX:KVBZ: 9.23

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) %. Krukivsky Carriage Works PJSC's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2022 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.


Krukivsky Carriage Works PJSC Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Krukivsky Carriage Works PJSC'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.

Krukivsky Carriage Works PJSC Earnings Yield (Joel Greenblatt) % Chart

Krukivsky Carriage Works PJSC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial 68.97 169.49 25.64 -52.91 17.36

Krukivsky Carriage Works PJSC Semi-Annual Data
Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial 68.97 169.49 25.64 -52.91 17.36

Competitive Comparison of Krukivsky Carriage Works PJSC's Earnings Yield (Joel Greenblatt) %

For the Railroads subindustry, Krukivsky Carriage Works PJSC'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.


Krukivsky Carriage Works PJSC's Earnings Yield (Joel Greenblatt) % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Krukivsky Carriage Works PJSC's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Krukivsky Carriage Works PJSC's Earnings Yield (Joel Greenblatt) % falls into.



Krukivsky Carriage Works PJSC 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.

Krukivsky Carriage Works PJSCs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2022 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=101.475/584.922
=17.35 %

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.



Krukivsky Carriage Works PJSC  (UKEX:KVBZ) 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.


Krukivsky Carriage Works PJSC Earnings Yield (Joel Greenblatt) % Related Terms

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


Krukivsky Carriage Works PJSC (UKEX:KVBZ) Business Description

Traded in Other Exchanges
N/A
Address
139, Prikhodko Street, Kremenchug, UKR, 39621
Krukivsky Carriage Works PJSC is engaged in the manufacturing of railway vehicles in Ukraine. The Company produces new bogies for freight cars, passenger coaches and metro cars, tunnel and floor-to-floor escalators and welding electrodes.

Krukivsky Carriage Works PJSC (UKEX:KVBZ) Headlines

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