Erato Energy (WAR:ERA) Earnings Yield (Joel Greenblatt) % : -1.30% (As of Mar. 2024)

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What is Erato Energy Earnings Yield (Joel Greenblatt) %?

Erato Energy's Enterprise Value for the quarter that ended in Mar. 2024 was zł33.03 Mil. Erato Energy's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was zł-0.43 Mil. Erato Energy's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2024 was -1.30%.

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

WAR:ERA' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -92675.16 Med: -1.29 Max: 88866.89
Current: -1.33

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Erato Energy was 88866.89%. The lowest was -92675.16%. And the median was -1.29%.

WAR:ERA's Earnings Yield (Joel Greenblatt) % is ranked worse than
72.44% of 998 companies
in the Semiconductors industry
Industry Median: 2.085 vs WAR:ERA: -1.33

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) %. Erato Energy's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 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.

Erato Energy Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Erato Energy'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.

Erato Energy Earnings Yield (Joel Greenblatt) % Chart

Erato Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Earnings Yield (Joel Greenblatt) %

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-28.33

3.48

2.27

-3.98

0.68

Erato Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Earnings Yield (Joel Greenblatt) %	Get a 7-Day Free Trial															-11.70	-13.53	-12.82	0.68	-1.30

Competitive Comparison of Erato Energy's Earnings Yield (Joel Greenblatt) %

For the Solar subindustry, Erato Energy'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.

Erato Energy's Earnings Yield (Joel Greenblatt) % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Erato Energy's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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

Erato Energy 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.

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

Earnings Yield (Joel Greenblatt)	=	EBIT	/	Enterprise Value
	=	0.418	/	61.624998
	=	0.68 %

Erato Energy's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was zł-0.43 Mil.

Erato Energy (WAR:ERA) 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

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

Erato Energy Earnings Yield (Joel Greenblatt) % Related Terms

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Erato Energy (WAR:ERA) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Erato Energy SA (WAR:ERA) » Definitions » Earnings Yield (Joel Greenblatt) %

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Address

Szeligowska 42, Warszawa, POL, 01-320

Website

https://www.eratoenergy.pl

Erato Energy SA is engaged in tailored photovoltaic installations. It deals with photovoltaics which includes the assembly of sets of devices that produce electricity from solar energy. The elements of the photovoltaic set include Photovoltaic panels, Inverter, Wiring & security.