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Bahman Group (XTEH:BHMN1) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Sep. 2023)


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What is Bahman Group Earnings Yield (Joel Greenblatt) %?

Bahman Group's Enterprise Value for the quarter that ended in Sep. 2023 was IRR0.0 Mil. Bahman Group does not have enough years/quarters to calculate its EBIT for the trailing twelve months (TTM) ended in Sep. 2023. Therefore, GuruFocus does not calculate Bahman Group's Earnings Yield (Joel Greenblatt) at this moment.

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

XTEH:BHMN1' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 285.71
Current: 285.71

During the past 0 years, the highest Earnings Yield (Joel Greenblatt) of Bahman Group was 285.71%. The lowest was 0.00%. And the median was 0.00%.

XTEH:BHMN1's Earnings Yield (Joel Greenblatt) % is not ranked
in the Vehicles & Parts industry.
Industry Median: 6 vs XTEH:BHMN1: 285.71

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) %. Bahman Group'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.


Bahman Group Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Bahman Group'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.

Bahman Group Earnings Yield (Joel Greenblatt) % Chart

Bahman Group Annual Data
Trend
Earnings Yield (Joel Greenblatt) %

Bahman Group Semi-Annual Data
Sep19 Sep20 Sep22 Sep23
Earnings Yield (Joel Greenblatt) % - - - -

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

For the Auto Manufacturers subindustry, Bahman Group'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.


Bahman Group's Earnings Yield (Joel Greenblatt) % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Bahman Group's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Bahman Group 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.

Bahman Groups Earnings Yield (Joel Greenblatt) for the fiscal year that ended in . 20 is calculated as

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



Bahman Group  (XTEH:BHMN1) 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.


Bahman Group Earnings Yield (Joel Greenblatt) % Related Terms

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Bahman Group (XTEH:BHMN1) Business Description

Industry
Traded in Other Exchanges
N/A
Address
13 Shahid Lashgari highway, Karaj Special Road, Bahman, IRN
Bahman Group is an Iran-based auto manufacturer. The company is mainly engaged in developing vehicles from bicycles to 18 wheels in the form of Iran's two wheels, Bahman Engine, Siba Motors, and Bahman Diesel.

Bahman Group (XTEH:BHMN1) Headlines

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