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Pepco Group NV (WAR:PCO) Earnings Yield (Joel Greenblatt) % : 5.54% (As of Sep. 2023)


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What is Pepco Group NV Earnings Yield (Joel Greenblatt) %?

Pepco Group NV's Enterprise Value for the quarter that ended in Sep. 2023 was zł18,937 Mil. Pepco Group NV's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was zł1,052 Mil. Pepco Group NV's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2023 was 5.54%.

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

WAR:PCO' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.42   Med: 4.01   Max: 6.52
Current: 5.68

During the past 6 years, the highest Earnings Yield (Joel Greenblatt) of Pepco Group NV was 6.52%. The lowest was 1.42%. And the median was 4.01%.

WAR:PCO's Earnings Yield (Joel Greenblatt) % is ranked worse than
54.86% of 319 companies
in the Retail - Defensive industry
Industry Median: 6.25 vs WAR:PCO: 5.68

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) %. Pepco Group NV's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2023 was 25.42%. 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.


Pepco Group NV Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Pepco Group NV'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.

Pepco Group NV Earnings Yield (Joel Greenblatt) % Chart

Pepco Group NV Annual Data
Trend Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial - - 3.30 4.96 5.54

Pepco Group NV Semi-Annual Data
Sep18 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.30 - 4.96 - 5.54

Competitive Comparison of Pepco Group NV's Earnings Yield (Joel Greenblatt) %

For the Discount Stores subindustry, Pepco Group NV'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.


Pepco Group NV's Earnings Yield (Joel Greenblatt) % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Pepco Group NV's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Pepco Group NV 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.

Pepco Group NVs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Sep. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=1049.789/18936.85348
=5.54 %

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.



Pepco Group NV  (WAR:PCO) 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.


Pepco Group NV Earnings Yield (Joel Greenblatt) % Related Terms

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


Pepco Group NV (WAR:PCO) Business Description

Traded in Other Exchanges
Address
25 Chapel Street, 14th Floor, Capital House, London, GBR, NW1 5DH
Pepco Group NV is a pan-European, multi-format discount chain of multi-branch stores under the Pepco, Dealz, and Poundland brands. The group's stores offer clothing, home furnishings, including toys and seasonal products, as well as FMCG products. The revenue is derived from geographical segments namely United Kingdom, Poland, and Rest of Europe.

Pepco Group NV (WAR:PCO) Headlines

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