BSP:QUAL3'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.44 Med: 8.61 Max: 21.32
Current: 14.45
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Qualicorp Consultoria E Corretora De Seguros was 21.32%. The lowest was 0.44%. And the median was 8.61%.
BSP:QUAL3's Earnings Yield (Joel Greenblatt) % is ranked better than 90.48% of 21
companies
in the Healthcare Plans industry
Industry Median: 5.63
vs BSP:QUAL3: 14.45
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) %. Qualicorp Consultoria E Corretora De Seguros's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 was 26.65%. 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.
Qualicorp Consultoria E Corretora De Seguros 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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Qualicorp Consultoria E Corretora De Seguros Earnings Yield (Joel Greenblatt) % Chart
Qualicorp Consultoria E Corretora De Seguros Annual Data
Competitive Comparison of Qualicorp Consultoria E Corretora De Seguros's Earnings Yield (Joel Greenblatt) %
For the Healthcare Plans subindustry, Qualicorp Consultoria E Corretora De Seguros'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.
Qualicorp Consultoria E Corretora De Seguros's Earnings Yield (Joel Greenblatt) % Distribution in the Healthcare Plans Industry
For the Healthcare Plans industry and Healthcare sector, Qualicorp Consultoria E Corretora De Seguros's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Qualicorp Consultoria E Corretora De Seguros's Earnings Yield (Joel Greenblatt) % falls into.
Qualicorp Consultoria E Corretora De Seguros 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.
Qualicorp Consultoria E Corretora De Seguros'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 R$217 Mil.
Qualicorp Consultoria E Corretora De Seguros (BSP:QUAL3) 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.
Qualicorp Consultoria E Corretora De Seguros Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Qualicorp Consultoria E Corretora De Seguros's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Qualicorp Consultoria E Corretora De Seguros (BSP:QUAL3) Business Description
Qualicorp Consultoria E Corretora De Seguros SA is a full-service healthcare benefits administrator and health management service provider in Brazil. The company administers and manages health benefits by combining pre and post-sale services via a wide range of medical and administrative solutions designed to create value for its clients, customers and partners. It provides benefits administration, billing, benefits planning consulting, health insurance brokerage, health risk management services, analysis and reporting of loss ratios and third-party administration services. The Company has only one reportable segment: the Affinity segment. It operates in this segment through its subsidiaries.
Qualicorp Consultoria E Corretora De Seguros (BSP:QUAL3) Headlines
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