Vantage Towers AG's Enterprise Value for the quarter that ended in Mar. 2023 was $21,542 Mil.
Vantage Towers AG's EBIT for the trailing twelve months (TTM) ended in Mar. 2023 was $556 Mil. Vantage Towers AG's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2023 was 2.56%.
The historical rank and industry rank for Vantage Towers AG's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
VTWRF's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Real Estate industry.
Industry Median: 4.78 * Ranked among companies with meaningful Earnings Yield (Joel Greenblatt) % only.
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) %. Vantage Towers AG's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2023 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.
Vantage Towers AG (OTCPK:VTWRF) 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.
Vantage Towers AG Earnings Yield (Joel Greenblatt) % Related Terms
Vantage Towers AG Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Vantage Towers AG'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.
Vantage Towers AG Earnings Yield (Joel Greenblatt) % Chart
For the Real Estate Services subindustry, Vantage Towers AG'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.
Vantage Towers AG Earnings Yield (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Vantage Towers AG's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Vantage Towers AG's Earnings Yield (Joel Greenblatt) % falls into.
Vantage Towers AG 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.
Vantage Towers AGs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2023 is calculated as
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.
What does a Earnings Yield (Joel Greenblatt) % of 2.56% mean?
Vantage Towers AG (VTWRF) has a Earnings Yield (Joel Greenblatt) % of 2.56% as of Mar. 2023. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Vantage Towers AG and its competitors.
Is Vantage Towers AG's Earnings Yield (Joel Greenblatt) % too high?
Vantage Towers AG's current Earnings Yield (Joel Greenblatt) % is 2.56%. The Real Estate industry median Earnings Yield (Joel Greenblatt) % is 4.78. Vantage Towers AG's value of 2.56% is 46.4% below this industry median. Overall, Vantage Towers AG has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Vantage Towers AG's Earnings Yield (Joel Greenblatt) % compare to BEKE and CBRE?
Vantage Towers AG's Earnings Yield (Joel Greenblatt) % of 2.56% can be compared against companies in the Real Estate industry. The industry median Earnings Yield (Joel Greenblatt) % is 4.78. Vantage Towers AG's value of 2.56% is 46.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a Real Estate company?
The median Earnings Yield (Joel Greenblatt) % among Real Estate companies is 4.78, based on 1,827 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vantage Towers AG's current Earnings Yield (Joel Greenblatt) % of 2.56% is 46.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Vantage Towers AG and its competitors. For the Real Estate industry, the median Earnings Yield (Joel Greenblatt) % is 4.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vantage Towers AG's current Earnings Yield (Joel Greenblatt) % is 2.56%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vantage Towers AG stock overvalued right now?
Vantage Towers AG (VTWRF) has a current Earnings Yield (Joel Greenblatt) % of 2.56%. The current Earnings Yield (Joel Greenblatt) % is 2.56% and 46.4% below the Real Estate industry median of 4.78. Vantage Towers AG's overall GF Score™ is 44/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Vantage Towers AG (VTWRF), the current Earnings Yield (Joel Greenblatt) % is 2.56% as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Vantage is the tower arm of Vodafone, spun off in 2021. Vantage fully owns 45,000 towers in Germany, Spain, Greece, and other European countries. Vantage also owns stakes in Inwit (22,000 towers, Vantage owns 33% stake), the Italian tower operator resulting from the merger of Vodafone and Telecom Italia's towers in the region, and Cornerstone (14,000 towers, 50% stake) a tower joint venture in the U.K. with Telefonica.
44GF Score
Get the complete analysis for VTWRF
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
VTWRF has been successfully added to your 