Berkeley Group Holdings (The)'s Enterprise Value for the quarter that ended in Oct. 2023 was $4,708 Mil.
Berkeley Group Holdings (The)'s EBIT for the trailing twelve months (TTM) ended in Oct. 2023 was $792 Mil. Berkeley Group Holdings (The)'s Earnings Yield (Joel Greenblatt) for the quarter that ended in Oct. 2023 was 0.00%.
The historical rank and industry rank for Berkeley Group Holdings (The)'s Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
BKGFY'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.8 Med: 12.68 Max: 26.04
Current: 14.43
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Berkeley Group Holdings (The) was 26.04%. The lowest was 6.80%. And the median was 12.68%.
BKGFY's Earnings Yield (Joel Greenblatt) % is ranked better than 78.57% of 112
companies
in the Homebuilding & Construction industry
Industry Median: 7.94
vs BKGFY: 14.43
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) %. Berkeley Group Holdings (The)'s Forward Rate of Return (Yacktman) % for the quarter that ended in Oct. 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.
Berkeley Group Holdings (The) Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Berkeley Group Holdings (The)'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.
Berkeley Group Holdings (The) Annual Data
Trend
Apr14
Apr15
Apr16
Apr17
Apr18
Apr19
Apr20
Apr21
Apr22
Apr23
Earnings Yield (Joel Greenblatt) %
20.24
12.44
11.68
13.18
14.29
Berkeley Group Holdings (The) Semi-Annual Data
Apr14
Oct14
Apr15
Oct15
Apr16
Oct16
Apr17
Oct17
Apr18
Oct18
Apr19
Oct19
Apr20
Oct20
Apr21
Oct21
Apr22
Oct22
Apr23
Oct23
Earnings Yield (Joel Greenblatt) %
-
13.18
-
14.29
-
Competitive Comparison
For the Residential Construction subindustry, Berkeley Group Holdings (The)'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.
Berkeley Group Holdings (The) Earnings Yield (Joel Greenblatt) % Distribution
For the Homebuilding & Construction industry and Consumer Cyclical sector, Berkeley Group Holdings (The)'s Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Berkeley Group Holdings (The)'s Earnings Yield (Joel Greenblatt) % falls into.
Berkeley Group Holdings (The) 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.
Berkeley Group Holdings (The)s Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Apr. 2023 is calculated as
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.
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.
Berkeley Group Holdings (The) Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Berkeley Group Holdings (The)'s Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Berkeley Group Holdings (The) (Berkeley Group Holdings (The)) Business Description
Berkeley Group Holdings is a U.K. homebuilder specializing in large-scale residential-led brownfield redevelopment projects with a particular focus on the London, Birmingham, and south of England housing markets. The group is vertically integrated through the land development, construction, and sales and marketing segments of the residential property development value chain.
Berkeley Group Holdings (The) (Berkeley Group Holdings (The)) Headlines
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