What is Belysse Group NV Earnings Yield (Joel Greenblatt) %?
Belysse Group NV's Enterprise Value for the quarter that ended in Dec. 2023 was €170.8 Mil.
Belysse Group NV's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was €10.0 Mil. Belysse Group NV's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 5.83%.
The historical rank and industry rank for Belysse Group NV's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
XBRU:BELYS'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.96 Med: 7.09 Max: 8.99
Current: 5.69
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Belysse Group NV was 8.99%. The lowest was 2.96%. And the median was 7.09%.
XBRU:BELYS's Earnings Yield (Joel Greenblatt) % is ranked worse than 50.23% of 434
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 5.735
vs XBRU:BELYS: 5.69
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) %. Belysse Group NV's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 was 49.05%. 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.
Belysse Group NV Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Belysse 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.
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Belysse Group NV Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of Belysse Group NV's Earnings Yield (Joel Greenblatt) %
For the Furnishings, Fixtures & Appliances subindustry, Belysse 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.
Belysse Group NV's Earnings Yield (Joel Greenblatt) % Distribution in the Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Belysse Group NV's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Belysse Group NV's Earnings Yield (Joel Greenblatt) % falls into.
Belysse 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.
Belysse Group NVs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 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.
Belysse Group NV (XBRU:BELYS) 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.
Belysse Group NV Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Belysse Group NV's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Belysse Group NV (XBRU:BELYS) Business Description
Belysse Group NV operates its business in four segments. The rugs segment includes woven and tufted area rugs, under the Balta home brand. The residential segment includes wall-to-wall carpet and carpet tiles for private use, through the brands Balta carpets, ITC, and Balta carpet tiles. The commercial segment includes wall-to-wall carpet and carpet tiles for commercial use under the brands' arc edition, Bentley, and Modulyss. The non-Woven segment includes needle felt, carpet backing, and technical non-wovens under the Captiqs brand. The company's geographical segments are Europe, North America, and the Rest of the World.
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