Celulosa Argentina (BUE:CELU) Earnings Yield (Joel Greenblatt) %

: -0.07% (As of Feb. 2024)

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Celulosa Argentina's Enterprise Value for the quarter that ended in Feb. 2024 was ARS6,358,368 Mil. Celulosa Argentina's EBIT for the trailing twelve months (TTM) ended in Feb. 2024 was ARS-4,416 Mil. Celulosa Argentina's Earnings Yield (Joel Greenblatt) for the quarter that ended in Feb. 2024 was -0.07%.

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

BUE:CELU' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -8.7 Med: 0.05 Max: 84.45
Current: -0.06

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Celulosa Argentina was 84.45%. The lowest was -8.70%. And the median was 0.05%.

BUE:CELU's Earnings Yield (Joel Greenblatt) % is ranked worse than
72.67% of 300 companies
in the Forest Products industry
Industry Median: 4.36 vs BUE:CELU: -0.06

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) %. Celulosa Argentina's Forward Rate of Return (Yacktman) % for the quarter that ended in Feb. 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.

Celulosa Argentina Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Celulosa Argentina'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.

Celulosa Argentina Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Earnings Yield (Joel Greenblatt) %

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0.01

-0.21

1.25

3.78

0.71

Celulosa Argentina Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Earnings Yield (Joel Greenblatt) %	Get a 7-Day Free Trial															1.60	0.71	-0.03	0.33	-0.07

Competitive Comparison

For the Paper & Paper Products subindustry, Celulosa Argentina'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.

Celulosa Argentina Earnings Yield (Joel Greenblatt) % Distribution

For the Forest Products industry and Basic Materials sector, Celulosa Argentina's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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

Celulosa Argentina 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.

Celulosa Argentinas Earnings Yield (Joel Greenblatt) for the fiscal year that ended in May. 2023 is calculated as

Earnings Yield (Joel Greenblatt)	=	EBIT	/	Enterprise Value
	=	18880.687	/	2665699.721
	=	0.71 %

Celulosa Argentina's EBIT for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ARS-4,416 Mil.

Celulosa Argentina (BUE:CELU) 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

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.

Celulosa Argentina Earnings Yield (Joel Greenblatt) % Related Terms

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Celulosa Argentina (BUE:CELU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Celulosa Argentina SA (BUE:CELU) » Definitions » Earnings Yield (Joel Greenblatt) %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Av. Del Libertador 2442, Buenos Aires,piso 4, Olivos, ARG, B1636DSR

Website

http://www.celulosaargentina.com.ar

Celulosa Argentina SA is engaged in the manufacturing, marketing, and distribution of forest products. Its product portfolio includes Paper products, cellulose pulp, forest products as well as wood products. Geographically, the activities are carried out through Argentina.