The historical rank and industry rank for EnBW Energie Baden-Wuerttemberg AG's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
XTER:EBK'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -7214.17 Med: 11.57 Max: 408.08
Current: 14.27
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of EnBW Energie Baden-Wuerttemberg AG was 408.08%. The lowest was -7214.17%. And the median was 11.57%.
XTER:EBK's Earnings Yield (Joel Greenblatt) % is ranked better than 80.88% of 523
companies
in the Utilities - Regulated industry
Industry Median: 6.64
vs XTER:EBK: 14.27
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) %. EnBW Energie Baden-Wuerttemberg AG's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 was 18.45%. 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.
EnBW Energie Baden-Wuerttemberg AG Earnings Yield (Joel Greenblatt) % Historical Data
* 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.
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EnBW Energie Baden-Wuerttemberg AG Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of EnBW Energie Baden-Wuerttemberg AG's Earnings Yield (Joel Greenblatt) %
For the Utilities - Diversified subindustry, EnBW Energie Baden-Wuerttemberg AG'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.
EnBW Energie Baden-Wuerttemberg AG's Earnings Yield (Joel Greenblatt) % Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, EnBW Energie Baden-Wuerttemberg AG's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where EnBW Energie Baden-Wuerttemberg AG's Earnings Yield (Joel Greenblatt) % falls into.
EnBW Energie Baden-Wuerttemberg AG 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.
EnBW Energie Baden-Wuerttemberg AG's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €3,687 Mil.
EnBW Energie Baden-Wuerttemberg AG (XTER:EBK) 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.
EnBW Energie Baden-Wuerttemberg AG Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of EnBW Energie Baden-Wuerttemberg AG's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
EnBW Energie Baden-Wuerttemberg AG (XTER:EBK) Business Description
EnBW Energie Baden-Wuerttemberg AG is a German company which is active in the energy sector. It operates in three segments: Smart Infrastructure for Customers, which comprises the sale of electricity and gas, energy industry services and energy solutions, provision and expansion of quick-charging infrastructure and digital solutions for electromobility, broadband activities; System Critical Infrastructure segment is into the transmission and distribution of electricity and gas; and Sustainable Generation Infrastructure segment encompasses activities in the areas of renewable energies and conventional generation, district heating and waste management/environmental services. Geographically it generates majority of revenue from Germany.
EnBW Energie Baden-Wuerttemberg AG (XTER:EBK) Headlines
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