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Afentra (LSE:AET) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Jun. 2023)


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What is Afentra Earnings Yield (Joel Greenblatt) %?

Afentra's Enterprise Value for the quarter that ended in Jun. 2023 was £65.87 Mil. Afentra's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was £-7.70 Mil. Afentra's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2023 was 0.00%.

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

LSE:AET' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -390.3   Med: 19.15   Max: 4127.22
Current: -6.53

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Afentra was 4127.22%. The lowest was -390.30%. And the median was 19.15%.

LSE:AET's Earnings Yield (Joel Greenblatt) % is ranked worse than
78.52% of 1094 companies
in the Oil & Gas industry
Industry Median: 6.585 vs LSE:AET: -6.53

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) %. Afentra's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 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.


Afentra Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Afentra'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.

Afentra Earnings Yield (Joel Greenblatt) % Chart

Afentra Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.18 8.19 13.42 -90.91 -17.89

Afentra Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - -90.91 - -17.89 -

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

For the Oil & Gas E&P subindustry, Afentra'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.


Afentra's Earnings Yield (Joel Greenblatt) % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Afentra's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Afentra 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.

Afentras Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2022 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-7.442/41.636256
=-17.87 %

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.



Afentra  (LSE:AET) 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.


Afentra Earnings Yield (Joel Greenblatt) % Related Terms

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


Afentra (LSE:AET) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Afentra PLC (LSE:AET) » Definitions » Earnings Yield (Joel Greenblatt) %
Traded in Other Exchanges
Address
High Holborn House, 52-54 High Holborn, London, GBR, WC1V 6RL
Afentra PLC is an upstream oil and gas company operating in the United Kingdom. The company is engaged in the exploration and production of oil and gas with a primary focus on emerging markets including, Africa and the Middle East, and has a high-potential exploration asset the Odewayne Block covers a very large area onshore southwestern Somaliland, located adjacent to the border with Ethiopia.

Afentra (LSE:AET) Headlines

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