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Controladora Vuela Compania de AviacionB de CV (NYSE:VLRS) Earnings Yield (Joel Greenblatt) %

: 2.07% (As of Dec. 2022)
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Controladora Vuela Compania de AviacionB de CV's Enterprise Value for the quarter that ended in Dec. 2022 was $3,241 Mil. Controladora Vuela Compania de AviacionB de CV's EBIT for the trailing twelve months (TTM) ended in Dec. 2022 was $65 Mil. Controladora Vuela Compania de AviacionB de CV's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2022 was 2.07%.

The historical rank and industry rank for Controladora Vuela Compania de AviacionB de CV's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

VLRS' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -5.51   Med: 5.12   Max: 59.61
Current: 1.8

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Controladora Vuela Compania de AviacionB de CV was 59.61%. The lowest was -5.51%. And the median was 5.12%.

VLRS's Earnings Yield (Joel Greenblatt) % is ranked worse than
77.15% of 941 companies
in the Transportation industry
Industry Median: 7.38 vs VLRS: 1.80

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) %. Controladora Vuela Compania de AviacionB de CV's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2022 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.


Controladora Vuela Compania de AviacionB de CV Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Controladora Vuela Compania de AviacionB de CV'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.

Controladora Vuela Compania de AviacionB de CV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Earnings Yield (Joel Greenblatt) %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.22 10.44 -4.64 6.69 2.07

Controladora Vuela Compania de AviacionB de CV Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 6.69 6.75 2.93 -0.40 2.07

Competitive Comparison

For the Airlines subindustry, Controladora Vuela Compania de AviacionB de CV'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.

   

Controladora Vuela Compania de AviacionB de CV Earnings Yield (Joel Greenblatt) % Distribution

For the Transportation industry and Industrials sector, Controladora Vuela Compania de AviacionB de CV's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Controladora Vuela Compania de AviacionB de CV's Earnings Yield (Joel Greenblatt) % falls in comparison to its industry or sector. The grey bar indicates the Earnings Yield (Joel Greenblatt) %'s extreme value range as defined by GuruFocus.



Controladora Vuela Compania de AviacionB de CV 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.

Controladora Vuela Compania de AviacionB de CVs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2022 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=67/3240.52672
=2.07 %

Controladora Vuela Compania de AviacionB de CV's EBIT for the trailing twelve months (TTM) ended in Dec. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $65 Mil.



Controladora Vuela Compania de AviacionB de CV  (NYSE:VLRS) 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.


Controladora Vuela Compania de AviacionB de CV Earnings Yield (Joel Greenblatt) % Related Terms

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


Controladora Vuela Compania de AviacionB de CV (NYSE:VLRS) Business Description

Controladora Vuela Compania de AviacionB de CV logo
Traded in Other Exchanges
Address
Av. Antonio Dovali Jaime Number 70, 13th Floor, Tower B, Colonia Zedec Santa Fe, Mexico, DF, MEX, 01210
Controladora Vuela Compania de Aviacion SAB de CV is a low-cost airline flying to Mexico, the United States, Central and South America. It currently operates up to 500 average daily flight segments on routes that connect 44 cities in Mexico as well as 22 cities in the United States, four in Central America and two in South America. It uses promotional fares to stimulate demand and the base fares are priced to compete with long-distance bus fares in Mexico. Revenues from the air transportation of passengers are recognized earlier when the service is provided or when the non-refundable ticket expires at the date of the scheduled travel. Non-passenger revenues include revenues generated from other non-passenger revenues and cargo services.

Controladora Vuela Compania de AviacionB de CV (NYSE:VLRS) Headlines

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