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Lever Style (Lever Style) Earnings Yield (Joel Greenblatt) % : 33.78% (As of Dec. 2023)


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What is Lever Style Earnings Yield (Joel Greenblatt) %?

Lever Style's Enterprise Value for the quarter that ended in Dec. 2023 was $5.9 Mil. Lever Style's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $18.5 Mil. Lever Style's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 33.78%.

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

LVSYF' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.47   Med: 25.97   Max: 86.12
Current: 31.06

During the past 8 years, the highest Earnings Yield (Joel Greenblatt) of Lever Style was 86.12%. The lowest was 1.47%. And the median was 25.97%.

LVSYF's Earnings Yield (Joel Greenblatt) % is ranked better than
93.47% of 1088 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.75 vs LVSYF: 31.06

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) %. Lever Style's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 was 22.01%. 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.


Lever Style Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Lever Style'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.

Lever Style Earnings Yield (Joel Greenblatt) % Chart

Lever Style Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial 13.26 2.04 14.25 99.01 33.78

Lever Style Semi-Annual Data
Dec16 Dec17 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 14.25 - 99.01 - 33.78

Competitive Comparison of Lever Style's Earnings Yield (Joel Greenblatt) %

For the Apparel Manufacturing subindustry, Lever Style'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.


Lever Style's Earnings Yield (Joel Greenblatt) % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Lever Style's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Lever Style 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.

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

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=18.519/5.9135
=313.16 %

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.



Lever Style  (OTCPK:LVSYF) 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.


Lever Style Earnings Yield (Joel Greenblatt) % Related Terms

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


Lever Style (Lever Style) Business Description

Traded in Other Exchanges
Address
12 Hing Yip Street, Wing Tai Centre, 7th Floor, Room 76, Flat A, Kwun Tong, Kowloon, Hong Kong, HKG
Lever Style Corp engages in apparel manufacturing. The firm offers a wide range of product categories for both men and women. Its product line comprises shirts, bottoms, suits, outwear, and other products out of which sale of shirts derives the majority revenue. Geographically, the United States of America contributes majority of the firm's revenue.

Lever Style (Lever Style) Headlines

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