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Christian Dior SE (Christian Dior SE) Earnings Yield (Joel Greenblatt) % : 11.72% (As of Dec. 2023)


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What is Christian Dior SE Earnings Yield (Joel Greenblatt) %?

Christian Dior SE's Enterprise Value for the quarter that ended in Dec. 2023 was $212,061 Mil. Christian Dior SE's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $24,624 Mil. Christian Dior SE's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 11.72%.

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

CHDRF' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.5   Med: 10.35   Max: 18.04
Current: 14.53

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Christian Dior SE was 18.04%. The lowest was 4.50%. And the median was 10.35%.

CHDRF's Earnings Yield (Joel Greenblatt) % is ranked better than
85.36% of 1120 companies
in the Retail - Cyclical industry
Industry Median: 4.855 vs CHDRF: 14.53

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) %. Christian Dior SE's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 was 27.93%. 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.


Christian Dior SE Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Christian Dior SE'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.

Christian Dior SE Earnings Yield (Joel Greenblatt) % Chart

Christian Dior SE Annual Data
Trend Jun14 Jun15 Jun16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.83 6.27 9.35 11.25 11.72

Christian Dior SE Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 9.35 - 11.25 - 11.72

Competitive Comparison of Christian Dior SE's Earnings Yield (Joel Greenblatt) %

For the Luxury Goods subindustry, Christian Dior 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.


Christian Dior SE's Earnings Yield (Joel Greenblatt) % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Christian Dior SE's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Christian Dior SE's Earnings Yield (Joel Greenblatt) % falls into.



Christian Dior 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.

Christian Dior SEs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=24712.105/212060.958
=11.65 %

For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.



Christian Dior SE  (OTCPK:CHDRF) 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.


Christian Dior SE Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Christian Dior SE's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Christian Dior SE (Christian Dior SE) Business Description

Traded in Other Exchanges
Address
30, avenue Montaigne, Paris, FRA, 75008
Christian Dior SE is a holding company with full ownership of Christian Dior Couture and a controlling interest in LVMH. Christian Dior Couture sells apparel, leather goods, jewelry, and accessories under various Dior brands. Its majority of sales are through its own retail stores. Through LVMH, the company operates the following business groups: wines and spirits, fashion and leather goods, watches and jewelry, perfumes and cosmetics, and selective retailing. LVMH has dozens of brands throughout its businesses, including Dom Perignon, Hennessy, Louis Vuitton, Fendi, TAG Heuer, and Sephora. The company's revenue is distributed throughout Europe, Asia, and the United States.

Christian Dior SE (Christian Dior SE) Headlines

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