GURUFOCUS.COM » STOCK LIST » Technology » Software » Sopra Steria Group SA (XPAR:SOP) » Definitions » Earnings Yield (Joel Greenblatt) %

Sopra Steria Group (XPAR:SOP) Earnings Yield (Joel Greenblatt) % : 6.13% (As of Dec. 2023)


View and export this data going back to 1990. Start your Free Trial

What is Sopra Steria Group Earnings Yield (Joel Greenblatt) %?

Sopra Steria Group's Enterprise Value for the quarter that ended in Dec. 2023 was €5,485 Mil. Sopra Steria Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was €337 Mil. Sopra Steria Group's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 6.13%.

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

XPAR:SOP' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.49   Med: 7.85   Max: 12.69
Current: 5.71

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Sopra Steria Group was 12.69%. The lowest was 4.49%. And the median was 7.85%.

XPAR:SOP's Earnings Yield (Joel Greenblatt) % is ranked better than
73.15% of 2857 companies
in the Software industry
Industry Median: 1.15 vs XPAR:SOP: 5.71

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) %. Sopra Steria Group's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 was 21.46%. 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.


Sopra Steria Group Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Sopra Steria Group'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.

Sopra Steria Group Earnings Yield (Joel Greenblatt) % Chart

Sopra Steria Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.53 5.75 7.74 10.58 6.13

Sopra Steria Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial 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 7.74 - 10.58 - 6.13

Competitive Comparison of Sopra Steria Group's Earnings Yield (Joel Greenblatt) %

For the Information Technology Services subindustry, Sopra Steria Group'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.


Sopra Steria Group's Earnings Yield (Joel Greenblatt) % Distribution in the Software Industry

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

* The bar in red indicates where Sopra Steria Group's Earnings Yield (Joel Greenblatt) % falls into.



Sopra Steria Group 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.

Sopra Steria Groups Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=336.5/5484.67218
=6.14 %

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.



Sopra Steria Group  (XPAR:SOP) 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.


Sopra Steria Group Earnings Yield (Joel Greenblatt) % Related Terms

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


Sopra Steria Group (XPAR:SOP) Business Description

Industry
Traded in Other Exchanges
Address
9 bis, rue de Presbourg, Paris, FRA, 75116
Sopra Steria Group SA is a digital transformation company. It guides businesses through conversion projects, from the development phase to implementation phase. The firm provides end to end services in the fields of consulting, systems integration, software development, infrastructure management and business process services. It's target markets are financial services, insurance and social welfare, public sector, telecom operators, aerospace and defense, retail and energy sectors. Its geographic segments are France, United Kingdom, Spain, Italy, and Belgium. The company derives the majority of its revenues from France.

Sopra Steria Group (XPAR:SOP) Headlines