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Francotyp-Postalia Holding AG (XTER:FPH) Earnings Yield (Joel Greenblatt) % : 26.88% (As of Dec. 2023)


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What is Francotyp-Postalia Holding AG Earnings Yield (Joel Greenblatt) %?

Francotyp-Postalia Holding AG's Enterprise Value for the quarter that ended in Dec. 2023 was €56.7 Mil. Francotyp-Postalia Holding AG's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was €12.4 Mil. Francotyp-Postalia Holding AG's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 26.88%.

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

XTER:FPH' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -948.37   Med: 21.51   Max: 10283.37
Current: 24.07

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Francotyp-Postalia Holding AG was 10283.37%. The lowest was -948.37%. And the median was 21.51%.

XTER:FPH's Earnings Yield (Joel Greenblatt) % is ranked better than
91.99% of 1111 companies
in the Business Services industry
Industry Median: 5.62 vs XTER:FPH: 24.07

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) %. Francotyp-Postalia Holding AG's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 was 25.44%. 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.


Francotyp-Postalia Holding AG Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Francotyp-Postalia Holding AG'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.

Francotyp-Postalia Holding AG Earnings Yield (Joel Greenblatt) % Chart

Francotyp-Postalia Holding AG 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 62.89 -18.08 4.79 14.16 26.88

Francotyp-Postalia Holding AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 14.16 88.50 -400.00 294.12 26.88

Competitive Comparison of Francotyp-Postalia Holding AG's Earnings Yield (Joel Greenblatt) %

For the Specialty Business Services subindustry, Francotyp-Postalia Holding 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.


Francotyp-Postalia Holding AG's Earnings Yield (Joel Greenblatt) % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Francotyp-Postalia Holding AG's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Francotyp-Postalia Holding AG's Earnings Yield (Joel Greenblatt) % falls into.



Francotyp-Postalia Holding 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.

Francotyp-Postalia Holding AGs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=15.22/56.663592
=26.86 %

Francotyp-Postalia Holding 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 €12.4 Mil.



Francotyp-Postalia Holding AG  (XTER:FPH) 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.


Francotyp-Postalia Holding AG Earnings Yield (Joel Greenblatt) % Related Terms

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Francotyp-Postalia Holding AG (XTER:FPH) Business Description

Traded in Other Exchanges
Address
Prenzlauer Promenade 28, Berlin, BB, DEU, 13089
Francotyp-Postalia Holding AG is a company dealing with mail communication. Its business activities focus on traditional product business, which consists of the development, manufacture, and distribution of franking systems, as well as inserting machines and after-sale business. The company also comprises services such as the collection of business mail and software solutions.
Executives
Ralf Georg Spielberger Board of Directors
Carsten Von Lavergne-peguilhen Lind Board of Directors
Dr. Alexander Granderath Supervisory Board
Martin Eckhardt Geisel Board of Directors
Dr. Hans Alexander Granderath Supervisory Board
Carsten Lavergne-peguilhen Lind Board of Directors
Patricius De Gruyter Board of Directors