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YTRA (Yatra Online) Earnings Yield (Joel Greenblatt) % : 0.80% (As of Sep. 2024)


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What is Yatra Online Earnings Yield (Joel Greenblatt) %?

Yatra Online's Enterprise Value for the quarter that ended in Sep. 2024 was $109.98 Mil. Yatra Online's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was $0.88 Mil. Yatra Online's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2024 was 0.80%.

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

YTRA' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -61.9   Med: -8.14   Max: 202.48
Current: 1.35

During the past 11 years, the highest Earnings Yield (Joel Greenblatt) of Yatra Online was 202.48%. The lowest was -61.90%. And the median was -8.14%.

YTRA's Earnings Yield (Joel Greenblatt) % is ranked worse than
66.08% of 849 companies
in the Travel & Leisure industry
Industry Median: 4.22 vs YTRA: 1.35

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) %. Yatra Online's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2024 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.


Yatra Online Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Yatra Online'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.

Yatra Online Earnings Yield (Joel Greenblatt) % Chart

Yatra Online Annual Data
Trend Dec14 Dec15 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -23.75 -12.20 -4.45 -0.18 -0.75

Yatra Online Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -1.58 -0.88 -0.75 -3.15 0.80

Competitive Comparison of Yatra Online's Earnings Yield (Joel Greenblatt) %

For the Travel Services subindustry, Yatra Online'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.


Yatra Online's Earnings Yield (Joel Greenblatt) % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Yatra Online's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Yatra Online 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.

Yatra Onlines Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-1.084/143.724333
=-0.75 %

Yatra Online's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.88 Mil.



Yatra Online  (NAS:YTRA) 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.


Yatra Online Earnings Yield (Joel Greenblatt) % Related Terms

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Yatra Online Business Description

Traded in Other Exchanges
Address
Udyog Vihar, Phase-II, 4th Floor, Gulf Adiba, Plot No. 272, Sector-20, Gurugram, HR, IND, 122008
Yatra Online Inc is an Indian consumer travel platform provider and online travel agent. The company is organized into the following business segments; Air Ticketing which derives maximum revenue, Hotels and Packages, and Other Services. It mainly provides travel-related services, which include domestic and international air ticketing, hotel bookings, homestays, holiday packages, bus ticketing, rail ticketing, activities and ancillary services. It also involves hosting advertisements on its internet websites, the sale of rail and bus tickets, and facilitating website access to travel insurance companies. Some of its applications include Yatra Mini, Yatra Web Check-In, Yatra Corporate, and Travelguru HomeStay.
Executives
Macquarie Group Ltd 10 percent owner 50 MARTIN PLACE, SYDNEY, NSW 2000 C3 2000
Mihi Llc 10 percent owner 125 WEST 55TH STREET, NEW YORK NY 10019
Macquarie Corporate Holdings Pty. Ltd 10 percent owner LEVEL 6, 50 MARTIN PLACE, SYDNEY C3 NSW 2000