The historical rank and industry rank for Anadolu Efes Biracilik ve Maltnayi AS's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
AEBZY'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -3.68 Med: 6.87 Max: 49.21
Current: 38.46
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Anadolu Efes Biracilik ve Maltnayi AS was 49.21%. The lowest was -3.68%. And the median was 6.87%.
AEBZY's Earnings Yield (Joel Greenblatt) % is ranked better than 96.76% of 216
companies
in the Beverages - Alcoholic industry
Industry Median: 4.955
vs AEBZY: 38.46
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) %. Anadolu Efes Biracilik ve Maltnayi AS's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 was 26.41%. 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.
Anadolu Efes Biracilik ve Maltnayi AS 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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Anadolu Efes Biracilik ve Maltnayi AS Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of Anadolu Efes Biracilik ve Maltnayi AS's Earnings Yield (Joel Greenblatt) %
For the Beverages - Brewers subindustry, Anadolu Efes Biracilik ve Maltnayi AS'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.
Anadolu Efes Biracilik ve Maltnayi AS's Earnings Yield (Joel Greenblatt) % Distribution in the Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Anadolu Efes Biracilik ve Maltnayi AS's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Anadolu Efes Biracilik ve Maltnayi AS's Earnings Yield (Joel Greenblatt) % falls into.
Anadolu Efes Biracilik ve Maltnayi AS 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.
Anadolu Efes Biracilik ve Maltnayi AS'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 $1,812 Mil.
Anadolu Efes Biracilik ve Maltnayi AS (OTCPK:AEBZY) 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.
Anadolu Efes Biracilik ve Maltnayi AS Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Anadolu Efes Biracilik ve Maltnayi AS's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Anadolu Efes Biracilik ve Maltnayi AS (Anadolu Efes Biracilik ve Maltnayi AS) Business Description
Anadolu Efes Biracilik ve Malt Sanayi AS produces and distributes beer, sparkling, and still beverages under a number of different brand names. It has joint control over Coca-Cola Icecek, which has the rights to sell Coca-Cola products in Turkey, Pakistan, Central Asia, and the Middle East. Sparkling and still beverages account for more than half of the company's total revenue. Beer sales account for the remaining revenue, with beer sales outside of Turkey (mainly in Russia, Kazakhstan, Georgia, and Moldova) collectively providing more revenue than beer sales in Turkey. The company has breweries, bottling plants, and other production facilities in more than a dozen countries, primarily Turkey and Russia.
Anadolu Efes Biracilik ve Maltnayi AS (Anadolu Efes Biracilik ve Maltnayi AS) Headlines
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