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DecisionPoint Systems (DecisionPoint Systems) Earnings Yield (Joel Greenblatt) % : 8.90% (As of Dec. 2023)


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What is DecisionPoint Systems Earnings Yield (Joel Greenblatt) %?

DecisionPoint Systems's Enterprise Value for the quarter that ended in Dec. 2023 was $53.7 Mil. DecisionPoint Systems's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $4.8 Mil. DecisionPoint Systems's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 8.90%.

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

DPSI' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -24.57   Med: -11.95   Max: 17.35
Current: 5.79

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of DecisionPoint Systems was 17.35%. The lowest was -24.57%. And the median was -11.95%.

DPSI's Earnings Yield (Joel Greenblatt) % is ranked better than
73.42% of 2856 companies
in the Software industry
Industry Median: 1.18 vs DPSI: 5.79

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) %. DecisionPoint Systems's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 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.


DecisionPoint Systems Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for DecisionPoint Systems'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.

DecisionPoint Systems Earnings Yield (Joel Greenblatt) % Chart

DecisionPoint Systems Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec17 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.73 9.36 2.08 7.94 8.90

DecisionPoint Systems Quarterly Data
Jun15 Sep15 Dec17 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 7.94 11.52 10.14 10.48 8.90

Competitive Comparison of DecisionPoint Systems's Earnings Yield (Joel Greenblatt) %

For the Software - Application subindustry, DecisionPoint Systems'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.


DecisionPoint Systems's Earnings Yield (Joel Greenblatt) % Distribution in the Software Industry

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

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



DecisionPoint Systems 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.

DecisionPoint Systemss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=4.775/53.6878658
=8.89 %

DecisionPoint Systems's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.8 Mil.



DecisionPoint Systems  (AMEX:DPSI) 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.


DecisionPoint Systems Earnings Yield (Joel Greenblatt) % Related Terms

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


DecisionPoint Systems (DecisionPoint Systems) Business Description

Industry
Traded in Other Exchanges
Address
1615 South Congress Avenue, Suite 103, Delray Beach, FL, USA, 33445
DecisionPoint Systems Inc is an enterprise mobility systems integrator. It sells and installs mobile computing and wireless systems used both within a company's facilities with wireless networks and in the field using carrier-based wireless networks. The system includes mobile computers, mobile application software, and related data capture equipment including barcode scanners and radio frequency identification readers. It also offers professional services, proprietary and third-party software, and software customization as an integral part of its customized solutions for its customers. Its software's utilized in industries including retail, transportation logistics, management consulting, warehousing, and field service management.
Executives
John C Guttilla director C/O ORCHIDS PAPER PRODUCTS COMPANY, 4826 HUNT STREET, PRYOR OK 74361
Steven F Smith director, officer: Chief Executive Officer 8697 RESEARCH DRIVE, IRVINE CA 92618
Michael N Taglich director TAGLICH BROTHERS INC, 1370 AVENUE OF THE AMERICAS --31ST FLOOR, NEW YORK NY 6317254791
William Cooke director 800 STANDARD PARKWAY, AUBURN HILLS MI 48326
Richard Bravman director
Paul Seid director 22 WOODHAVEN DRIVE, NEW CITY NY 10956
James F Desocio director 380 ST PETER STREET, ST PAUL MN 55102
Jaworski Stanley P. Jr director 39 RIVER HEIGHTS DRIVE, SMITHTOWN NY 11787
Greg Alan Henry officer: SR. VP Operations and Software 6 BELCANTO, MISSION VIEJO CA 92692
Robert C Schroeder director 37 MAIN STREET, COLD SPRING HARBOR, NEW YORK NY 11724
Toms Nicholas R H director, officer: CEO, President 262 WEST 12TH STREET, NEW YORK NY 10014
Michael Patrick Roe officer: Chief Financial Officer 8697 RESEARCH, IRVINE CA 92618
Paul Ross officer: Interim Chief Financial Office 740 CALLE PLANO, CAMARILLO CA 93012
Donald Dalicandro director C/O APEX,A DECISIONPOINT SYSTEMS, INC. C, 3170 HARVESTER ROAD, BURLINGTON A6 L7N 3W8
Ralph Hubregsen officer: Chief Operating Officer 19655 DESCARTES, FOOTHILL RANCH CA 92610