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INDUS Realty Trust Earnings Yield (Joel Greenblatt) %

: 2.76% (As of Mar. 2022)
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INDUS Realty Trust's Enterprise Value for the quarter that ended in Mar. 2022 was $788.32 Mil. INDUS Realty Trust's EBIT for the trailing twelve months (TTM) ended in Mar. 2022 was $21.74 Mil. INDUS Realty Trust's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2022 was 2.76%.

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

INDT' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1.8   Med: 2.19   Max: 6.08
Current: 3.31

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of INDUS Realty Trust was 6.08%. The lowest was -1.80%. And the median was 2.19%.

INDT's Earnings Yield (Joel Greenblatt) % is ranked worse than
64.01% of 1806 companies
in the Real Estate industry
Industry Median: 6.33 vs INDT: 3.31

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) %. INDUS Realty Trust's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2022 was -12.51%. 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.


INDUS Realty Trust Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for INDUS Realty Trust'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.

INDUS Realty Trust Annual Data
Trend Nov11 Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20
Earnings Yield (Joel Greenblatt) %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.40 4.60 1.71 2.92 -0.44

INDUS Realty Trust Quarterly Data
May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Mar21 Jun21 Sep21 Dec21 Mar22
Earnings Yield (Joel Greenblatt) % 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 Premium Member Only Premium Member Only Premium Member Only -0.56 -0.54 -0.87 2.49 2.76

Competitive Comparison

For the Real Estate Services subindustry, INDUS Realty Trust'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.

   

INDUS Realty Trust Earnings Yield (Joel Greenblatt) % Distribution

For the Real Estate industry and Real Estate sector, INDUS Realty Trust's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



INDUS Realty Trust 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.

INDUS Realty Trusts Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Nov. 2020 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-2.36/536.8042304
=-0.44 %

INDUS Realty Trust's EBIT for the trailing twelve months (TTM) ended in Mar. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $21.74 Mil.



INDUS Realty Trust  (NAS:INDT) 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.


INDUS Realty Trust Earnings Yield (Joel Greenblatt) % Related Terms

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


INDUS Realty Trust Business Description

INDUS Realty Trust logo
Industry
Traded in Other Exchanges
Address
641 Lexington Avenue, 26th Floor, New York, NY, USA, 10022
INDUS Realty Trust Inc is a real estate company. The company is engaged in developing, managing and leasing industrial properties, and to a lesser extent, office/flex properties. The major developments include industrial parks, Carolina Tradeport, New England Tradeport, and Lehigh Valley.
Executives
Cpref Ii Aiv Ii - A, L.p. 10 percent owner 375 PARK AVENUE NEW YORK NY 10152
Centerbridge Partners Real Estate Associates Ii, L.p. 10 percent owner 375 PARK AVENUE NEW YORK NY 10152
Centerbridge Partners Real Estate Fund Sbs Ii, L.p. 10 percent owner 375 PARK AVENUE NEW YORK NY 10152
Cpref Ii Cayman Gp Ltd. 10 percent owner 375 PARK AVENUE NEW YORK NY 10152
Cpref Ii Aiv Ii - B, L.p. 10 percent owner 375 PARK AVENUE NEW YORK NY 10152
Aronson Jeffrey 10 percent owner 375 PARK AVENUE, 12TH FLOOR NEW YORK NY 10152
Ccp Sbs Gp, Llc 10 percent owner C/O CENTERBRIDGE PARTNERS, L.P. 375 PARK AVENUE, 12TH FLOOR NEW YORK NY 10152
Conversant Gp Holdings Llc 10 percent owner 90 PARK AVENUE 32ND FLOOR NEW YORK NY 10016
Conversant Capital Llc 10 percent owner 25 DEFOREST AVENUE, 3RD FLOOR SUMMIT NJ 07901
Simanovsky Michael 10 percent owner 90 PARK AVENUE 32ND FLOOR NEW YORK NY 10016
Clark Jon W. officer: Executive Vice President 420 LEXINGTON AVE. NEW YORK NY 10170
Daniells Thomas M officer: Senior Vice President 20 RIVER ROAD ESSEX CT 06426
Yaghoubi Ardevan director 90 PARK AVENUE 32ND FLOOR NEW YORK NY 10016
Dugan Gordon F director 50 ROCKEFELLER PLZ 2ND FLOOR NEW YORK NY 10020
North Molly director 3456 CORNELL PL CINCINNATI OH 45220

INDUS Realty Trust Headlines

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