Colruyt Group NV's Enterprise Value for the quarter that ended in Sep. 2023 was $5,521 Mil.
Colruyt Group NV's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $1,194 Mil. Colruyt Group NV's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2023 was 0.00%.
The historical rank and industry rank for Colruyt Group NV's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
CUYTY'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.89 Med: 8.06 Max: 20.66
Current: 20.66
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Colruyt Group NV was 20.66%. The lowest was 3.89%. And the median was 8.06%.
CUYTY's Earnings Yield (Joel Greenblatt) % is ranked better than 89.97% of 319
companies
in the Retail - Defensive industry
Industry Median: 6.33
vs CUYTY: 20.66
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) %. Colruyt Group 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.
Colruyt Group NV Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Colruyt Group 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.
Colruyt Group NV Annual Data
Trend
Mar14
Mar15
Mar16
Mar17
Mar18
Mar19
Mar20
Mar21
Mar22
Mar23
Earnings Yield (Joel Greenblatt) %
5.81
8.56
7.45
6.55
5.77
Colruyt Group NV Semi-Annual Data
Mar14
Sep14
Mar15
Sep15
Mar16
Sep16
Mar17
Sep17
Mar18
Sep18
Mar19
Sep19
Mar20
Sep20
Mar21
Sep21
Mar22
Sep22
Mar23
Sep23
Earnings Yield (Joel Greenblatt) %
-
6.55
-
5.77
-
Competitive Comparison
For the Grocery Stores subindustry, Colruyt Group 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.
Colruyt Group NV Earnings Yield (Joel Greenblatt) % Distribution
For the Retail - Defensive industry and Consumer Defensive sector, Colruyt Group NV's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Colruyt Group NV's Earnings Yield (Joel Greenblatt) % falls into.
Colruyt Group 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.
Colruyt Group NVs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 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.
Colruyt Group NV (OTCPK:CUYTY) 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.
Colruyt Group NV Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Colruyt Group NV's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Colruyt Group NV (Colruyt Group NV) Business Description
Colruyt NV Formerly Etablissementen Franz Colruyt NV is a Belgian-based family owned food retailer with nearly 30,000 employees and more than 530 stores (460 stores in Belgium and 76 in France) that traces its origins back to 1928. Aside from its flagship Colruyt supermarkets in Belgium and Luxembourg (60% of sales), it generates 16% of sales under separate banners from neighbourhood stores, biosupermarkets, covered markets, and family and seasonal stores. Its food service and wholesale businesses account for a further 18% of sales. Colruyt also owns DATS 24 filling stations, and a green energy business, generating electricity from wind turbines, solar panels, and biomass.
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