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Kancelaria Medius (WAR:KME) Earnings Yield (Joel Greenblatt) % : 12.09% (As of Sep. 2023)


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What is Kancelaria Medius Earnings Yield (Joel Greenblatt) %?

Kancelaria Medius's Enterprise Value for the quarter that ended in Sep. 2023 was zł69.45 Mil. Kancelaria Medius's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was zł8.40 Mil. Kancelaria Medius's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2023 was 12.09%.

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

WAR:KME' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -839.58   Med: 11.62   Max: 11295.81
Current: 12.09

During the past 11 years, the highest Earnings Yield (Joel Greenblatt) of Kancelaria Medius was 11295.81%. The lowest was -839.58%. And the median was 11.62%.

WAR:KME's Earnings Yield (Joel Greenblatt) % is not ranked
in the Business Services industry.
Industry Median: 5.51 vs WAR:KME: 12.09

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) %. Kancelaria Medius's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2023 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.


Kancelaria Medius Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Kancelaria Medius'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.

Kancelaria Medius Earnings Yield (Joel Greenblatt) % Chart

Kancelaria Medius Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.65 15.90 12.79 -5.59 -0.66

Kancelaria Medius Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23
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 3.36 3.95 10.70 11.57 12.09

Competitive Comparison of Kancelaria Medius's Earnings Yield (Joel Greenblatt) %

For the Specialty Business Services subindustry, Kancelaria Medius'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.


Kancelaria Medius's Earnings Yield (Joel Greenblatt) % Distribution in the Business Services Industry

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

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



Kancelaria Medius 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.

Kancelaria Mediuss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2021 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-0.501/76.40252
=-0.66 %

Kancelaria Medius's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was zł8.40 Mil.



Kancelaria Medius  (WAR:KME) 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.


Kancelaria Medius Earnings Yield (Joel Greenblatt) % Related Terms

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Kancelaria Medius (WAR:KME) Business Description

Industry
Traded in Other Exchanges
N/A
Address
ul. Babinski 69, Krakow, POL, 30-126
Kancelaria Medius SA is a Poland based company involved in providing debt management and receivables management services. The various services offered by the company include Purchase of debt portfolios, Debt service, Handling of mortgage-secured claims and Law Firm services.

Kancelaria Medius (WAR:KME) Headlines