AirTrona International (AirTrona International) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Aug. 2011)

AirTrona International Earnings Yield (Joel Greenblatt) % Chart

AirTrona International Quarterly Data
	Nov06	Feb07	May07	Aug07	Nov07	Feb08	May08	Aug08	Nov08	Feb09	May09	Aug09	Nov09	Feb10	May10	Aug10	Nov10	May11	Aug11
Earnings Yield (Joel Greenblatt) %	Get a 7-Day Free Trial														-	-	-	-	-

Competitive Comparison of AirTrona International's Earnings Yield (Joel Greenblatt) %

For the Specialty Industrial Machinery subindustry, AirTrona International'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.

AirTrona International's Earnings Yield (Joel Greenblatt) % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, AirTrona International's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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

AirTrona International 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.

AirTrona Internationals Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Nov. 2010 is calculated as

AirTrona International's EBIT for the trailing twelve months (TTM) ended in Aug. 2011 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.24 Mil.

AirTrona International  (OTCPK:ARTR) 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.

AirTrona International Earnings Yield (Joel Greenblatt) % Related Terms

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

AirTrona International (AirTrona International) Business Description