CCA Industries's Enterprise Value for the quarter that ended in Aug. 2023 was $4.05 Mil.
CCA Industries's EBIT for the trailing twelve months (TTM) ended in Aug. 2023 was $-0.46 Mil. CCA Industries's Earnings Yield (Joel Greenblatt) for the quarter that ended in Aug. 2023 was -11.30%.
The historical rank and industry rank for CCA Industries's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
CAWW'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -55.05 Med: 2.37 Max: 15.77
Current: -6.94
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of CCA Industries was 15.77%. The lowest was -55.05%. And the median was 2.37%.
CAWW's Earnings Yield (Joel Greenblatt) % is ranked worse than 87.24% of 1943
companies
in the Consumer Packaged Goods industry
Industry Median: 5.02
vs CAWW: -6.94
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) %. CCA Industries's Forward Rate of Return (Yacktman) % for the quarter that ended in Aug. 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.
CCA Industries Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for CCA Industries'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.
CCA Industries Annual Data
Trend
Nov09
Nov10
Nov11
Nov12
Nov13
Nov14
Nov15
Nov16
Nov17
Nov18
Earnings Yield (Joel Greenblatt) %
-16.58
-12.12
13.02
15.34
2.81
CCA Industries Quarterly Data
Aug14
Nov14
Feb15
May15
Aug15
Nov15
Feb16
May16
Aug16
Nov16
Feb17
May17
Aug17
Nov17
Feb18
May18
Aug18
Nov18
Aug22
Aug23
Earnings Yield (Joel Greenblatt) %
7.15
2.92
2.81
-1.43
-11.30
Competitive Comparison
For the Household & Personal Products subindustry, CCA Industries'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.
CCA Industries Earnings Yield (Joel Greenblatt) % Distribution
For the Consumer Packaged Goods industry and Consumer Defensive sector, CCA Industries's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where CCA Industries's Earnings Yield (Joel Greenblatt) % falls into.
CCA Industries 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.
CCA Industriess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Nov. 2018 is calculated as
CCA Industries's EBIT for the trailing twelve months (TTM) ended in Aug. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.46 Mil.
CCA Industries (OTCPK:CAWW) 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.
CCA Industries Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of CCA Industries's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
CCA Industries (CCA Industries) Business Description
CCA Industries Inc is a fast-moving consumer goods company. It is engaged in manufacturing and distributing health and beauty aid products. The company markets its products under several brand names such as Plus+White, Sudden Change, Nutra Nail, Bikini Zone, Hair Off, Solar Sense, Sunset Cafe, Lobe Miracle and Scar Zone. Its products are marketed and sold to the major drug, food chains, mass merchandisers, and wholesale beauty aids distributors throughout the United States and Canada.
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