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QuickLogic (QuickLogic) Earnings Yield (Joel Greenblatt) % : 0.04% (As of Dec. 2023)


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What is QuickLogic Earnings Yield (Joel Greenblatt) %?

QuickLogic's Enterprise Value for the quarter that ended in Dec. 2023 was $193.46 Mil. QuickLogic's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $0.07 Mil. QuickLogic's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 0.04%.

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

QUIK' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -90.71   Med: -14.16   Max: 0.05
Current: 0.04

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of QuickLogic was 0.05%. The lowest was -90.71%. And the median was -14.16%.

QUIK's Earnings Yield (Joel Greenblatt) % is ranked worse than
66.13% of 998 companies
in the Semiconductors industry
Industry Median: 2.045 vs QUIK: 0.04

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) %. QuickLogic'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.


QuickLogic Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for QuickLogic'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.

QuickLogic Earnings Yield (Joel Greenblatt) % Chart

QuickLogic Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -33.22 -28.82 -10.99 -5.84 0.04

QuickLogic 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) % 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 -5.84 -4.87 -4.50 -2.54 0.04

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

For the Semiconductors subindustry, QuickLogic'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.


QuickLogic's Earnings Yield (Joel Greenblatt) % Distribution in the Semiconductors Industry

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

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



QuickLogic 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.

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

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=0.07/193.45948
=0.04 %

QuickLogic'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 $0.07 Mil.



QuickLogic  (NAS:QUIK) 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.


QuickLogic Earnings Yield (Joel Greenblatt) % Related Terms

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


QuickLogic (QuickLogic) Business Description

Industry
Traded in Other Exchanges
Address
2220 Lundy Avenue, San Jose, CA, USA, 95131
QuickLogic Corp is engaged in the development and marketing of semiconductor and software algorithm solutions for mobile and portable electronics. The company's products enable smartphone, wearable and IoT device Original Equipment Manufacturers, or OEMs, to deliver long battery life for their customers. Its solutions fall into one of four categories: Sensor Processing, eFPGA IP and its associated Tools, Display, and Smart Connectivity. Geographically, it has a presence in the Asia Pacific, Europe, and North America. It also works with mobile processor manufacturers, sensor manufacturers, sensor fusion, and context awareness algorithm developers in the development of reference designs.
Executives
Brian C Faith officer: VP WW Sales & Marketing C/O QUICKLOGIC CORPORATION, 1277 ORLEANS DRIVE, SUNNYVALE CA 94089
Timothy Saxe officer: Chief Technology Officer 109 SYLVAN WAY, LOS ALTOS CA 94022
Elias Nader officer: CFO, SVP Finance 1778 MCCARTHY BLVD., C/O SIGMA DESIGNS, INC., MILPITAS CA 95035
Russell Christine director 17165 PINE STREET, LOS GATOS CA 95032
Joyce Kim director 2220 LUNDY AVENUE, 2220 LUNDY AVENUE, SAN JOSE CA 95131
Radhika Krishnan director 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
Andrew J Pease officer: VP, Worldwide Sales
Gary H Tauss director
Michael Farese director 6290 SEQUENCE DRIVE, SAN DIEGO CA 92121
Robert H Schoenfield officer: VP Worldwide Sales C/O AUDIENCE, INC., 331 FAIRCHILD DR., MOUNTAIN VIEW CA 94043
Suping (sue) Cheung officer: Controller, Princ. Acctg. Off. C/O QUICKLOGIC CORPORATION, SUNNYVALE CA 94089
Daniel A Rabinovitsj director 400 W CESAR CHAVEZ, AUSTIN TX 78701
E Thomas Hart director, officer: Chairman, President and CEO 1277 ORLEANS DRIVE, SUNNYVALE CA 94089-1138
Edgar Auslander director 1277 ORLEANS DRIVE, SUNNYVALE CA 94089
Maxime Bouvat-merlin officer: VP WW Engineering C/O SONOS, INC., 614 CHAPALA STREET, SANTA BARBARA CA 93101