Wirecard AG (Wirecard AG) Earnings Yield (Joel Greenblatt) % : 3.62% (As of Sep. 2019)

View and export this data going back to 2008. Start your Free Trial

What is Wirecard AG Earnings Yield (Joel Greenblatt) %?

Wirecard AG's Enterprise Value for the quarter that ended in Sep. 2019 was $17,219 Mil. Wirecard AG's EBIT for the trailing twelve months (TTM) ended in Sep. 2019 was $657 Mil. Wirecard AG's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2019 was 3.62%.

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

WRCDF' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -28.99 Med: 0 Max: 0
Current: -28.99

WRCDF's Earnings Yield (Joel Greenblatt) % is not ranked
in the Software industry.
Industry Median: 1.15 vs WRCDF: -28.99

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) %. Wirecard AG's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2019 was 22.11%. 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.

Wirecard AG Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Wirecard AG'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.

Wirecard AG Earnings Yield (Joel Greenblatt) % Chart

Wirecard AG Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Earnings Yield (Joel Greenblatt) %

Get a 7-Day Free Trial

3.45

3.54

7.66

2.97

2.92

Wirecard AG Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Earnings Yield (Joel Greenblatt) %	Get a 7-Day Free Trial															1.90	2.92	3.97	3.18	3.62

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

For the Software - Application subindustry, Wirecard AG'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.

Wirecard AG's Earnings Yield (Joel Greenblatt) % Distribution in the Software Industry

For the Software industry and Technology sector, Wirecard AG's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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

Wirecard AG 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.

Wirecard AGs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2018 is calculated as

Earnings Yield (Joel Greenblatt)	=	EBIT	/	Enterprise Value
	=	503.185	/	17252.8293
	=	2.92 %

Wirecard AG's EBIT for the trailing twelve months (TTM) ended in Sep. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $657 Mil.

Wirecard AG (OTCPK:WRCDF) 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

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.

Wirecard AG Earnings Yield (Joel Greenblatt) % Related Terms

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

Wirecard AG (Wirecard AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Wirecard AG (OTCPK:WRCDF) » Definitions » Earnings Yield (Joel Greenblatt) %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Einsteinring 35, Aschheim, DEU, 85609

Website

https://www.wirecard.com

Wirecard AG is a Germany-based provider of software solutions to the financial services industry. The firm's operations are organized in three segments: Payment Processing and Risk Management, which offers electronic payment processing services; Acquiring and Issuing, which issues credit cards and statements for payments and transactions; and Call Center and Communication Services, which offers relationship management services to corporate customers. The firm has operations in Europe, the United States, and the Asia-Pacific region.