The historical rank and industry rank for init innovation in traffic systems SE's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
XTER:IXX'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.48 Med: 6.14 Max: 10.72
Current: 4.92
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of init innovation in traffic systems SE was 10.72%. The lowest was 3.48%. And the median was 6.14%.
XTER:IXX's Earnings Yield (Joel Greenblatt) % is ranked better than 70% of 2863
companies
in the Software industry
Industry Median: 1.17
vs XTER:IXX: 4.92
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) %. init innovation in traffic systems SE's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 was 19.39%. 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.
init innovation in traffic systems SE 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.
* Premium members only.
init innovation in traffic systems SE Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of init innovation in traffic systems SE's Earnings Yield (Joel Greenblatt) %
For the Information Technology Services subindustry, init innovation in traffic systems 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.
init innovation in traffic systems SE's Earnings Yield (Joel Greenblatt) % Distribution in the Software Industry
For the Software industry and Technology sector, init innovation in traffic systems SE's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where init innovation in traffic systems SE's Earnings Yield (Joel Greenblatt) % falls into.
init innovation in traffic systems 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.
init innovation in traffic systems SE'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 €21.4 Mil.
init innovation in traffic systems SE (XTER:IXX) 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.
init innovation in traffic systems SE Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of init innovation in traffic systems SE's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
init innovation in traffic systems SE (XTER:IXX) Business Description
init innovation in traffic systems SE is an international system supplier of transportation telematics. The company develops and supplies integrated planning, dispatching, telematics and ticketing systems for buses and trains. The firm develops, produces, integrates, installs, and maintains software and hardware products for the planning, management, and optimization of transport companies. It offers research and development, planning and dispatching, analyzing and optimizing, ticketing and fare management, operations control and real-time passenger information, and service and maintenance solutions. Geographical presence of the company is in Germany, North America, Europe, Australia and UAE.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
XTER:IXX has been successfully added to your 