GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Doverie Obed Hl (XBUL:DUH) » Definitions » Earnings Yield (Joel Greenblatt) %
中文

Doverie Obed Hl (XBUL:DUH) Earnings Yield (Joel Greenblatt) %

: -21.88% (As of Sep. 2023)
View and export this data going back to 1998. Start your Free Trial

Doverie Obed Hl's Enterprise Value for the quarter that ended in Sep. 2023 was лв-552.6 Mil. Doverie Obed Hl's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was лв120.9 Mil. Doverie Obed Hl's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2023 was -21.88%.

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

XBUL:DUH' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -47.69   Med: -0.81   Max: 23.45
Current: -17.39

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Doverie Obed Hl was 23.45%. The lowest was -47.69%. And the median was -0.81%.

XBUL:DUH's Earnings Yield (Joel Greenblatt) % is ranked better than
99.41% of 1182 companies
in the Banks industry
Industry Median: 0 vs XBUL:DUH: -17.39

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) %. Doverie Obed Hl's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2023 was 22.48%. 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.


Doverie Obed Hl Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Doverie Obed Hl'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.

Doverie Obed Hl 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 -3.96 0.77 -8.10 -17.24 -44.25

Doverie Obed Hl Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -28.09 -44.25 -40.16 -36.10 -21.88

Competitive Comparison

For the Banks - Regional subindustry, Doverie Obed Hl'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.


Doverie Obed Hl Earnings Yield (Joel Greenblatt) % Distribution

For the Banks industry and Financial Services sector, Doverie Obed Hl's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Doverie Obed Hl's Earnings Yield (Joel Greenblatt) % falls into.



Doverie Obed Hl 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.

Doverie Obed Hls Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2022 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=121.636/-274.82976
=-44.26 %

Doverie Obed Hl's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was лв120.9 Mil.



Doverie Obed Hl  (XBUL:DUH) 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.


Doverie Obed Hl Earnings Yield (Joel Greenblatt) % Related Terms

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


Doverie Obed Hl (XBUL:DUH) Business Description

Industry
Traded in Other Exchanges
N/A
Address
5 Lachezar Stanchev Str., Building A, floor 7, Sopharma Business Towers, Sofia, BGR, 1756
Doverie Obed Hl is a holding company that unites companies which carry out their activities in the field of commercial banking, health care, wine making, residential building, household chemicals, purchase/sale of DIY goods, renting out real estate and movable property and others. The company has the following operating segments Banking sector, Insurance sector Trade in 'do it yourself' goods, Non-financial enterprises performing financial services, Medical services, Detergents & household chemicals and Others The majority of revenue is from the Banking sector.

Doverie Obed Hl (XBUL:DUH) Headlines

No Headlines