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Gevo (GEVO) Earnings Yield (Joel Greenblatt) %

: -126.58% (As of Dec. 2023)
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Gevo's Enterprise Value for the quarter that ended in Dec. 2023 was $50.81 Mil. Gevo's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-64.05 Mil. Gevo's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was -126.58%.

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

GEVO' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -53730.43   Med: -69.69   Max: 259047.12
Current: 80.65

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Gevo was 259047.12%. The lowest was -53730.43%. And the median was -69.69%.

GEVO's Earnings Yield (Joel Greenblatt) % is not ranked
in the Chemicals industry.
Industry Median: 4.38 vs GEVO: 80.65

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) %. Gevo's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 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.


Gevo Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Gevo'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.

Gevo Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -84.03 -8.14 -9.53 -83.33 -126.58

Gevo Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -83.33 -163.93 -119.05 -217.39 -126.58

Competitive Comparison

For the Specialty Chemicals subindustry, Gevo'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.


Gevo Earnings Yield (Joel Greenblatt) % Distribution

For the Chemicals industry and Basic Materials sector, Gevo's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Gevo 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.

Gevos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-64.054/50.812
=-126.06 %

Gevo's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-64.05 Mil.



Gevo  (NAS:GEVO) 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.


Gevo Earnings Yield (Joel Greenblatt) % Related Terms

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


Gevo (GEVO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Gevo Inc (NAS:GEVO) » Definitions » Earnings Yield (Joel Greenblatt) %
Traded in Other Exchanges
Address
345 Inverness Drive South, Building C, Suite 310, Englewood, CO, USA, 80112
Gevo Inc is a renewable chemicals and biofuels company engaged in the development and commercialization of alternatives to petroleum-based products based on isobutanol produced from renewable feedstocks. Its operating segments are the Gevo segment, Renewable Natural Gas Segment, Net-Zero Segment and the Agri-Energy segment. By its segments, it is involved in research and development activities related to the future production of isobutanol, including the development of its biocatalysts, the production and sale of biojet fuel. Gevo Development/Agri-Energy is the key revenue-generating segment that involves the operation of the Luverne Facility and production of ethanol, isobutanol and related products.
Executives
Andrew Shafer officer: Chief Mktg Cust & Brnd Officer C/O GEVO, INC. 345 INVERNESS DRIVE SOUTH, BUILDING C, SUITE 310, ENGLEWOOD CO 80112
Alisher K Nurmat officer: VP and Controller C/O GEVO, INC. 345 INVERNESS DRIVE SOUTH, BUILDING C, SUITE 310, ENGLEWOOD CO 80112
Angelo Amorelli director C/O GEVO, INC. 345 INVERNESS DRIVE SOUTH, BUILDING C, SUITE 310, ENGLEWOOD CO 80112
Paul D Bloom officer: CCO & CIO C/O GEVO, INC. 345 INVERNESS DRIVE SOUTH, BUILDING C, SUITE 310, ENGLEWOOD CO 80112
Kimberly T Bowron officer: Chief People Officer C/O GEVO, INC. 345 INVERNESS DRIVE SOUTH, BUILDING C, SUITE 310, ENGLEWOOD CO 80112
Andrew Marsh director 968 ALBANY SHAKER ROAD, LATHAM NY 12110
Patrick R. Gruber director, officer: CEO & Director C/O GEVO, INC., 345 INVERNESS DR. SOUTH, BUILDING C, SUITE 310, ENGLEWOOD CO 80112
Christopher Michael Ryan officer: EVP, Business Development C/O GEVO, INC., 345 INVERNESS DR. SOUTH, BUILDING C, SUITE 310, ENGLEWOOD CO 80112
Timothy J Cesarek officer: Chief Commercial Officer 345 INVERNESS DRIVE SOUTH, BUILDING C, SUITE 310, ENGLEWOOD CO 80112
L Lynn Smull officer: Chief Financial Officer 345 INVERNESS DRIVE S, BLDG C, STE 310, ENGLEWOOD CO 80112
William H Baum director C/O DIVERSA CORP, 4955 DIRECTORS PLACE, SAN DIEGO CA 92121
Williams Geoffrey Thomas Jr. officer: General Counsel & Secretary 914 DAKOTA DRIVE, CASTLE ROCK CO 80108
Jaime Guillen director C/O GEVO, INC. 345 INVERNESS DRIVE SOUTH, BUILDING C, SUITE 310, ENGLEWOOD CO 80112
Carol Jane Battershell director 1600 NORTH OAK STREET, #918, ARLINGTON VA 22209
Gary W. Mize director GEVO, INC., 345 INVERNESS DRIVE SOUTH, BUILDING C, SUITE 310, ENGLEWOOD CO 80112