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Rafako (WAR:RFK) Earnings Yield (Joel Greenblatt) % : -285.71% (As of Sep. 2024)


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What is Rafako Earnings Yield (Joel Greenblatt) %?

Rafako's Enterprise Value for the quarter that ended in Sep. 2024 was zł209.76 Mil. Rafako's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was zł-592.45 Mil. Rafako's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2024 was -285.71%.

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

WAR:RFK' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -564.31   Med: 5.1   Max: 48.37
Current: -322.58

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Rafako was 48.37%. The lowest was -564.31%. And the median was 5.10%.

WAR:RFK's Earnings Yield (Joel Greenblatt) % is ranked worse than
99.8% of 3042 companies
in the Industrial Products industry
Industry Median: 3.69 vs WAR:RFK: -322.58

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


Rafako Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Rafako'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.

Rafako Earnings Yield (Joel Greenblatt) % Chart

Rafako 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 -256.41 -238.10 9.46 1.36 -99.01

Rafako Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -120.48 -99.01 -31.25 -102.04 -285.71

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

For the Specialty Industrial Machinery subindustry, Rafako'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.


Rafako's Earnings Yield (Joel Greenblatt) % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Rafako's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Rafako 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.

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

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-254.638/257.87644
=-98.74 %

Rafako's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was zł-592.45 Mil.



Rafako  (WAR:RFK) 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.


Rafako Earnings Yield (Joel Greenblatt) % Related Terms

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


Rafako Business Description

Industry
Traded in Other Exchanges
N/A
Address
ul. Lakowa 33, Raciborz, POL, 47-400
Rafako SA engages in the design and manufacture of boilers and environment protection plants. It operates under the Power and Environmental Protection Facilities and Other segments. The Power and Environmental Protection Facilities segment which generates majority revenue offers power generating units, stoker-fired boilers, pulverized fuel boilers, stationary and circulating fluidized bed boilers; heat recovery steam generators; systems and facilities ancillary to power boilers; wet, semi-dry and dry flue gas desulfurization systems; NOx reduction technologies; dust extraction equipment. The Other segment includes property management and design services provided by subsidiaries of the Group.

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