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Unilever Nepal (XNEP:UNL) Earnings Yield (Joel Greenblatt) % : 6.99% (As of Jul. 2023)


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What is Unilever Nepal Earnings Yield (Joel Greenblatt) %?

Unilever Nepal's Enterprise Value for the quarter that ended in Jul. 2023 was NPR32,471 Mil. Unilever Nepal's EBIT for the trailing twelve months (TTM) ended in Jul. 2023 was NPR2,269 Mil. Unilever Nepal's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jul. 2023 was 6.99%.

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

XNEP:UNL' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.45   Med: 5.06   Max: 12.81
Current: 5.73

During the past 8 years, the highest Earnings Yield (Joel Greenblatt) of Unilever Nepal was 12.81%. The lowest was 2.45%. And the median was 5.06%.

XNEP:UNL's Earnings Yield (Joel Greenblatt) % is ranked better than
52.98% of 1965 companies
in the Consumer Packaged Goods industry
Industry Median: 5.16 vs XNEP:UNL: 5.73

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) %. Unilever Nepal's Forward Rate of Return (Yacktman) % for the quarter that ended in Jul. 2023 was 22.29%. 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.


Unilever Nepal Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Unilever Nepal'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.

Unilever Nepal Earnings Yield (Joel Greenblatt) % Chart

Unilever Nepal Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial 4.93 2.78 6.38 12.58 6.99

Unilever Nepal Semi-Annual Data
Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial 4.93 2.78 6.38 12.58 6.99

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

For the Household & Personal Products subindustry, Unilever Nepal'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.


Unilever Nepal's Earnings Yield (Joel Greenblatt) % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Unilever Nepal's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Unilever Nepal 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.

Unilever Nepals Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jul. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=2268.875/32470.687
=6.99 %

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.



Unilever Nepal  (XNEP:UNL) 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.


Unilever Nepal Earnings Yield (Joel Greenblatt) % Related Terms

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


Unilever Nepal (XNEP:UNL) Business Description

Traded in Other Exchanges
N/A
Address
City Square Building, 2nd and 3rd Floor, New Baneswor-10, Kathmandu, NPL, 44600
Unilever Nepal Ltd is engaged in manufacturing and selling personal products for the domestic market and exports to India. The company operates in a single segment namely Fast-moving consumer goods (FMCG) which mainly consist of products like detergents, scourers, laundry soaps, toilet soaps, Personal and Beauty Care Products and Food Products.

Unilever Nepal (XNEP:UNL) Headlines