What is Titan Energy LLC Earnings Yield (Joel Greenblatt) %?
Titan Energy LLC's Enterprise Value for the quarter that ended in Sep. 2017 was $540.1 Mil.
Titan Energy LLC's EBIT for the trailing twelve months (TTM) ended in Sep. 2017 was $20.3 Mil. Titan Energy LLC's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2017 was 3.75%.
The historical rank and industry rank for Titan Energy LLC's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
TTEN's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Oil & Gas industry.
Industry Median: 6.25 * Ranked among companies with meaningful Earnings Yield (Joel Greenblatt) % only.
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) %. Titan Energy LLC's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2017 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.
Titan Energy LLC Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Titan Energy LLC'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.
Titan Energy LLC Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of Titan Energy LLC's Earnings Yield (Joel Greenblatt) %
For the Oil & Gas E&P subindustry, Titan Energy LLC'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.
Titan Energy LLC's Earnings Yield (Joel Greenblatt) % Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Titan Energy LLC's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Titan Energy LLC's Earnings Yield (Joel Greenblatt) % falls into.
Titan Energy LLC 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.
Titan Energy LLCs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2016 is calculated as
Titan Energy LLC's EBIT for the trailing twelve months (TTM) ended in Sep. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $20.3 Mil.
Titan Energy LLC (OTCPK:TTEN) 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.
Titan Energy LLC Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Titan Energy LLC's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Titan Energy LLC (Titan Energy LLC) Business Description
Titan Energy LLC is an exploration and production company. It is focused on acquiring and developing oil and gas assets with operations in basins across the United States with a focus on the development of Eagle Ford Shell basin from South Texas. The firm also sponsors and manages drilling partnerships to finance its operations. It has Gas and Oil Production, Well Construction & Completion and Other partnership segments. The company derives the majority of its revenue from Gas and Oil production segment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TTEN has been successfully added to your 