CanAm Coal (FRA:RHE) Earnings Yield (Joel Greenblatt) % : -19.31% (As of Sep. 2014)

View and export this data going back to . Start your Free Trial

What is CanAm Coal Earnings Yield (Joel Greenblatt) %?

CanAm Coal's Enterprise Value for the quarter that ended in Sep. 2014 was €0.00 Mil. CanAm Coal's EBIT for the trailing twelve months (TTM) ended in Sep. 2014 was €-6.06 Mil. CanAm Coal's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2014 was -19.31%.

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

FRA:RHE' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -18.8 Med: 0 Max: 0
Current: -18.8

FRA:RHE's Earnings Yield (Joel Greenblatt) % is not ranked
in the Other Energy Sources industry.
Industry Median: 5.52 vs FRA:RHE: -18.80

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) %. CanAm Coal's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2014 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.

CanAm Coal Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for CanAm Coal'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.

CanAm Coal Earnings Yield (Joel Greenblatt) % Chart

CanAm Coal Annual Data

Trend

Jan04

Jan05

Jan06

Jan07

Jan08

Jan09

Jan10

Jan11

Dec12

Dec13

Earnings Yield (Joel Greenblatt) %

Get a 7-Day Free Trial

-86.21

-7.93

-9.36

-14.66

CanAm Coal Quarterly Data
	Oct09	Jan10	Apr10	Jul10	Oct10	Jan11	Apr11	Jul11	Oct11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14
Earnings Yield (Joel Greenblatt) %	Get a 7-Day Free Trial															-10.92	-14.66	-14.29	-14.79	-19.31

Competitive Comparison of CanAm Coal's Earnings Yield (Joel Greenblatt) %

For the Thermal Coal subindustry, CanAm Coal'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.

CanAm Coal's Earnings Yield (Joel Greenblatt) % Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, CanAm Coal's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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

CanAm Coal 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.

CanAm Coals Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2013 is calculated as

Earnings Yield (Joel Greenblatt)	=	EBIT	/	Enterprise Value
	=	-5.076	/	0
	=	%

CanAm Coal's EBIT for the trailing twelve months (TTM) ended in Sep. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was €-6.06 Mil.

CanAm Coal (FRA:RHE) 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

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.

CanAm Coal Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of CanAm Coal's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.

CanAm Coal (FRA:RHE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » CanAm Coal Corp (FRA:RHE) » Definitions » Earnings Yield (Joel Greenblatt) %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1201-5th Street S W, Suite 202, Calgary, AB, CAN, T2R 0Y6

Website

http://www.canamcoal.com

CanAm Coal Corp acquires, explores and develops coal resources and resource related technologies. It owns and operates coal mines in Alabama. It also evaluates on an ongoing basis other coal and related opportunities.