Switch to:

Nuveen Arizona Quality Municipalome Fund Earnings Yield (Joel Greenblatt) %

: 0.00% (As of Feb. 2020)
View and export this data going back to 1992. Start your Free Trial

Nuveen Arizona Quality Municipalome Fund's Enterprise Value for the quarter that ended in Feb. 2020 was $160.25 Mil. Nuveen Arizona Quality Municipalome Fund's EBIT for the trailing twelve months (TTM) ended in Feb. 2020 was $0.00 Mil. Nuveen Arizona Quality Municipalome Fund's Earnings Yield (Joel Greenblatt) for the quarter that ended in Feb. 2020 was 0.00%.

NYSE:NAZ' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -0.56   Med: 11.4   Max: 16.4
Current: -0.47

-0.56
16.4

During the past 11 years, the highest Earnings Yield (Joel Greenblatt) of Nuveen Arizona Quality Municipalome Fund was 16.40%. The lowest was -0.56%. And the median was 11.40%.

NYSE:NAZ's Earnings Yield (Joel Greenblatt) % is ranked lower than
66% of the 761 Companies
in the Asset Management industry.

( Industry Median: 3.74 vs. NYSE:NAZ: -0.47 )

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) %. Nuveen Arizona Quality Municipalome Fund's Forward Rate of Return (Yacktman) % for the quarter that ended in Feb. 2020 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.


Nuveen Arizona Quality Municipalome Fund Earnings Yield (Joel Greenblatt) % Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Nuveen Arizona Quality Municipalome Fund Annual Data
Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20
Earnings Yield (Joel Greenblatt) % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Nuveen Arizona Quality Municipalome Fund Semi-Annual Data
Jul10 Aug11 Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20
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 0.00 0.00 0.00 0.00 0.00

Competitive Comparison
* 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.


Nuveen Arizona Quality Municipalome Fund Earnings Yield (Joel Greenblatt) % Distribution

* The bar in red indicates where Nuveen Arizona Quality Municipalome Fund's Earnings Yield (Joel Greenblatt) % falls into.



Nuveen Arizona Quality Municipalome Fund 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.

Nuveen Arizona Quality Municipalome Funds Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Feb. 2020 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=0/160.245968
= %

Nuveen Arizona Quality Municipalome Fund's Earnings Yield (Joel Greenblatt) for the quarter that ended in Feb. 2020 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT (TTM)/Enterprise Value
=0/160.25
= %

For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Nuveen Arizona Quality Municipalome Fund's EBIT for the trailing twelve months (TTM) ended in Feb. 2020 was $0.00 Mil.



Nuveen Arizona Quality Municipalome Fund  (NYSE:NAZ) 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.


Nuveen Arizona Quality Municipalome Fund Earnings Yield (Joel Greenblatt) % Related Terms


Nuveen Arizona Quality Municipalome Fund Earnings Yield (Joel Greenblatt) % Headlines

No Headline

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)