GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Gi Group Poland SA (WAR:GIG) » Definitions » Earnings Yield (Joel Greenblatt) %

Gi Group Poland (WAR:GIG) Earnings Yield (Joel Greenblatt) % : -9.53% (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Gi Group Poland Earnings Yield (Joel Greenblatt) %?

Gi Group Poland's Enterprise Value for the quarter that ended in Mar. 2024 was zł200.2 Mil. Gi Group Poland's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was zł-19.1 Mil. Gi Group Poland's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2024 was -9.53%.

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

WAR:GIG' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -34.93   Med: 7.24   Max: 124.3
Current: -9.08

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Gi Group Poland was 124.30%. The lowest was -34.93%. And the median was 7.24%.

WAR:GIG's Earnings Yield (Joel Greenblatt) % is ranked worse than
89.06% of 1106 companies
in the Business Services industry
Industry Median: 5.7 vs WAR:GIG: -9.08

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) %. Gi Group Poland'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.


Gi Group Poland Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Gi Group Poland'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.

Gi Group Poland Earnings Yield (Joel Greenblatt) % Chart

Gi Group Poland Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -32.36 23.87 -1.29 -31.55 -5.93

Gi Group Poland Quarterly Data
Dec17 Sep18 Dec18 Sep19 Dec19 Mar20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -16.56 -6.41 -5.41 -5.93 -9.53

Competitive Comparison of Gi Group Poland's Earnings Yield (Joel Greenblatt) %

For the Staffing & Employment Services subindustry, Gi Group Poland'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.


Gi Group Poland's Earnings Yield (Joel Greenblatt) % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Gi Group Poland's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Gi Group Poland's Earnings Yield (Joel Greenblatt) % falls into.



Gi Group Poland 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.

Gi Group Polands Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-11.203/188.8184
=-5.93 %

Gi Group Poland'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-19.1 Mil.



Gi Group Poland  (WAR:GIG) 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.


Gi Group Poland Earnings Yield (Joel Greenblatt) % Related Terms

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


Gi Group Poland Business Description

Industry
Traded in Other Exchanges
N/A
Address
Sky Tower, ul. Gwiazdzista 66, Wroclaw, POL, 53-413
Gi Group Poland SA formerly Work Service SA is a Poland-based employment agency. It specializes in employment services and modern human resource solutions, providing services in the area of recruitment, the provision of skilled workers to clients, consulting and human resource management. The company has four main product lines, Temporary work, Outsourcing, Personnel Consulting and Strategic HR Consulting. The company generates a majority of its revenue from temporary work segment covering services relating to the recruitment of temporary workers directed to work for the contractor, supervising their work, reporting results, as well as the calculation of the components of remuneration and personnel record keeping and payment of wages.

Gi Group Poland Headlines