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Becker Milk Co (Becker Milk Co) Earnings Yield (Joel Greenblatt) % : 5.71% (As of Jan. 2024)


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What is Becker Milk Co Earnings Yield (Joel Greenblatt) %?

Becker Milk Co's Enterprise Value for the quarter that ended in Jan. 2024 was $14.73 Mil. Becker Milk Co's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was $0.79 Mil. Becker Milk Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jan. 2024 was 5.71%.

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

BCKMF' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.46   Med: 7.14   Max: 10.71
Current: 5.56

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Becker Milk Co was 10.71%. The lowest was 3.46%. And the median was 7.14%.

BCKMF's Earnings Yield (Joel Greenblatt) % is ranked better than
56.63% of 1854 companies
in the Real Estate industry
Industry Median: 4.225 vs BCKMF: 5.56

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) %. Becker Milk Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Jan. 2024 was -5.22%. 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.


Becker Milk Co Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Becker Milk Co'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.

Becker Milk Co Earnings Yield (Joel Greenblatt) % Chart

Becker Milk Co Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.63 9.03 5.07 3.56 5.34

Becker Milk Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 4.75 5.34 5.73 5.82 5.71

Competitive Comparison of Becker Milk Co's Earnings Yield (Joel Greenblatt) %

For the Real Estate Services subindustry, Becker Milk Co'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.


Becker Milk Co's Earnings Yield (Joel Greenblatt) % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Becker Milk Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Becker Milk Co's Earnings Yield (Joel Greenblatt) % falls into.



Becker Milk Co 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.

Becker Milk Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Apr. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=0.739/14.126928
=5.23 %

Becker Milk Co's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.79 Mil.



Becker Milk Co  (OTCPK:BCKMF) 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.


Becker Milk Co Earnings Yield (Joel Greenblatt) % Related Terms

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Becker Milk Co (Becker Milk Co) Business Description

Industry
Traded in Other Exchanges
Address
393 Eglinton Avenue East, 2nd Floor, Toronto, ON, CAN, M4P 1M6
Website
Becker Milk Co Ltd engages in the ownership and management of retail commercial properties in Ontario, Canada. The company leases retail stores with a few residential sites.

Becker Milk Co (Becker Milk Co) Headlines