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BroadVision (BroadVision) Earnings Yield (Joel Greenblatt) %

: -102.04% (As of Sep. 2019)
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BroadVision's Enterprise Value for the quarter that ended in Sep. 2019 was $7.25 Mil. BroadVision's EBIT for the trailing twelve months (TTM) ended in Sep. 2019 was $-7.37 Mil. BroadVision's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2019 was -102.04%.

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

BVSN's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Software industry.
Industry Median: 1.2
* 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) %. BroadVision's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 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.


BroadVision Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for BroadVision'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.

BroadVision Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Earnings Yield (Joel Greenblatt) %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 92.59 -5,000.00 -294.12 -128.21 -285.71

BroadVision Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
Earnings Yield (Joel Greenblatt) % 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 Premium Member Only Premium Member Only Premium Member Only -135.14 -285.71 -166.67 -166.67 -102.04

Competitive Comparison

For the Software - Application subindustry, BroadVision'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.


BroadVision Earnings Yield (Joel Greenblatt) % Distribution

For the Software industry and Technology sector, BroadVision's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



BroadVision 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.

BroadVisions Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2018 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-6.844/3.19098
=-214.48 %

BroadVision's EBIT for the trailing twelve months (TTM) ended in Sep. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-7.37 Mil.



BroadVision  (NAS:BVSN) 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.


BroadVision Earnings Yield (Joel Greenblatt) % Related Terms

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BroadVision (BroadVision) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » BroadVision Inc (NAS:BVSN) » Definitions » Earnings Yield (Joel Greenblatt) %
Traded in Other Exchanges
N/A
Address
460 Seaport Court, Suite 102, Redwood City, CA, USA, 94063
BroadVision Inc is a provider of social business solutions. It develops, markets, and supports enterprise portal applications. The company offers a robust framework for secure, mobile and cloud-based collaboration, information sharing, and knowledge management. It operates through the electronic commerce business solutions segment. Its software solutions include Business Agility Suite, Commerce Agility Suite, Clearvale, Clear, QuickSilver and Vmoso. The reportable segment includes facilities in North and South America, Europe, the Asia Pacific and the Middle East. The Americas contribute to the vast majority of total revenue.
Executives
Joseph Liemandt 10 percent owner 5001 PLAZA ON THE LAKE, AUSTIN TX 78746
Esw Capital, Llc 10 percent owner 401 CONGRESS AVENUE, SUITE 2650, AUSTIN TX 78701
Pehong Chen director, officer: CEO and Interim CFO 460 SEAPORT COURT, SUITE 102, REDWOOD CITY CA 94063
Roderick C Mcgeary director 1421 MCCRTHY BLVD, MILPITAS CA 95035
Thomas Michael Nevens director C/O BORLAND SOFTWARE CORPORATION, 20450 STEVENS CREEK BLVD, SUITE 800, CUPERTINO CA 95014
David L Anderson director 755 PAGE MILL ROAD, SUITE A-200, PALO ALTO CA 94304-1005
Boon Hwee Koh director C/O AGILENT TECHNOLOGIES, 5301 STEVENS CREEK BLVD, MS 1A-LC, SANTA CLARA CA 95051

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