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Simba Essel Energy (Simba Essel Energy) Earnings Yield (Joel Greenblatt) % : -31.95% (As of Mar. 2019)


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What is Simba Essel Energy Earnings Yield (Joel Greenblatt) %?

Simba Essel Energy's Enterprise Value for the quarter that ended in Mar. 2019 was $4.01 Mil. Simba Essel Energy's EBIT for the trailing twelve months (TTM) ended in Mar. 2019 was $-1.95 Mil. Simba Essel Energy's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2019 was -31.95%.

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

SMBZF's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Oil & Gas industry.
Industry Median: 6.19
* 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) %. Simba Essel Energy's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2019 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.


Simba Essel Energy Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Simba Essel Energy'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.

Simba Essel Energy Earnings Yield (Joel Greenblatt) % Chart

Simba Essel Energy Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.66 -10.60 -6.55 -5.78 -23.75

Simba Essel Energy Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 -9.13 -23.75 -33.56 -32.05 -31.95

Competitive Comparison of Simba Essel Energy's Earnings Yield (Joel Greenblatt) %

For the Oil & Gas E&P subindustry, Simba Essel Energy'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.


Simba Essel Energy's Earnings Yield (Joel Greenblatt) % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Simba Essel Energy's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Simba Essel Energy's Earnings Yield (Joel Greenblatt) % falls into.



Simba Essel Energy 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.

Simba Essel Energys Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 2018 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-2.059/8.01156
=-25.70 %

Simba Essel Energy's EBIT for the trailing twelve months (TTM) ended in Mar. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.95 Mil.



Simba Essel Energy  (OTCPK:SMBZF) 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.


Simba Essel Energy Earnings Yield (Joel Greenblatt) % Related Terms

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Simba Essel Energy (Simba Essel Energy) Business Description

Industry
Traded in Other Exchanges
N/A
Address
905 West Pender Street, Suite 210, Vancouver, BC, CAN, V6C 1L6
Simba Essel Energy Inc is a Canadian exploration company. Its principal business activity includes the acquisition and exploration of resource properties. The company engages in the process of exploring its oil and gas properties.

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