What is Synergie SE Earnings Yield (Joel Greenblatt) %?
Synergie SE's Enterprise Value for the quarter that ended in Dec. 2023 was €552 Mil.
Synergie SE's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was €121 Mil. Synergie SE's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 21.88%.
The historical rank and industry rank for Synergie SE's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
XPAR:SDG'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 8.57 Med: 15.11 Max: 36.94
Current: 20.96
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Synergie SE was 36.94%. The lowest was 8.57%. And the median was 15.11%.
XPAR:SDG's Earnings Yield (Joel Greenblatt) % is ranked better than 90.18% of 1110
companies
in the Business Services industry
Industry Median: 5.695
vs XPAR:SDG: 20.96
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) %. Synergie SE's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 was 17.13%. 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.
Synergie SE Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Synergie SE'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.
Synergie SE Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of Synergie SE's Earnings Yield (Joel Greenblatt) %
For the Staffing & Employment Services subindustry, Synergie SE'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.
Synergie SE's Earnings Yield (Joel Greenblatt) % Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Synergie SE's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Synergie SE's Earnings Yield (Joel Greenblatt) % falls into.
Synergie SE 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.
Synergie SEs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as
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.
Synergie SE (XPAR:SDG) 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.
Synergie SE Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Synergie SE's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Synergie SE is a French company which is engaged in providing companies and institutions with global human resources management and development services including recruitment, temporary employment, training and consultancy, out-placement and social engineering. The company serves its customer in tertiary sectors, cutting-edge industries such as aeronautics and renewable energy, construction and public works, market research, retail, services and new information and communications technologies. The company's revenue comprises billing or human resources management services. It provides its services in France, Belgium, Italy, Spain, Portugal, Canada, and Australia. The majority of the company's revenue comes from France.
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