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Prosus NV (FRA:1TY) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Sep. 2023)


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What is Prosus NV Earnings Yield (Joel Greenblatt) %?

Prosus NV's Enterprise Value for the quarter that ended in Sep. 2023 was €69,660 Mil. Prosus NV's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was €10,464 Mil. Prosus NV's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2023 was 0.00%.

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

FRA:1TY' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.08   Med: 6.03   Max: 26.64
Current: 6.32

During the past 7 years, the highest Earnings Yield (Joel Greenblatt) of Prosus NV was 26.64%. The lowest was 2.08%. And the median was 6.03%.

FRA:1TY's Earnings Yield (Joel Greenblatt) % is ranked better than
70.22% of 581 companies
in the Interactive Media industry
Industry Median: 0 vs FRA:1TY: 6.32

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) %. Prosus NV's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2023 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.


Prosus NV Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Prosus NV'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.

Prosus NV Earnings Yield (Joel Greenblatt) % Chart

Prosus NV Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial - 3.61 4.11 13.64 4.47

Prosus NV Semi-Annual Data
Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 13.64 - 4.47 -

Competitive Comparison of Prosus NV's Earnings Yield (Joel Greenblatt) %

For the Internet Content & Information subindustry, Prosus NV'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.


Prosus NV's Earnings Yield (Joel Greenblatt) % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Prosus NV's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Prosus NV 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.

Prosus NVs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=9409.116/211505.121799
=4.45 %

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.



Prosus NV  (FRA:1TY) 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.


Prosus NV Earnings Yield (Joel Greenblatt) % Related Terms

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


Prosus NV (FRA:1TY) Business Description

Industry
Address
Gustav Mahlerplein 5, Symphony Offices, Amsterdam, NH, NLD, 1082 MS
Prosus NV is a consumer internet group operating across a variety of platforms and geographies. The group's businesses operate in China, India, Russia, Central and Eastern Europe, North America, Latin America, Southeast Asia, the Middle East, and Africa. The group's businesses and investments are organized around the following segments: Ecommerce, which comprises its interests in Classifieds, Payments, and Fintech, Food Delivery, Etail, Travel, and other Ecommerce, Social and Internet Platforms, which comprises its interests in Tencent and Mail.ru Group and Corporate which relates to group-level corporate services and treasury function.

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