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United-Guardian (United-Guardian) Earnings Yield (Joel Greenblatt) %

: 11.93% (As of Dec. 2023)
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United-Guardian's Enterprise Value for the quarter that ended in Dec. 2023 was $23.99 Mil. United-Guardian's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $2.86 Mil. United-Guardian's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 11.93%.

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

UG' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.56   Med: 7.14   Max: 14.65
Current: 10.59

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of United-Guardian was 14.65%. The lowest was 4.56%. And the median was 7.14%.

UG's Earnings Yield (Joel Greenblatt) % is ranked better than
76.96% of 1940 companies
in the Consumer Packaged Goods industry
Industry Median: 5.1 vs UG: 10.59

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) %. United-Guardian's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 was 1.11%. 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.


United-Guardian Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for United-Guardian'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.

United-Guardian 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 6.55 6.28 8.40 9.73 11.93

United-Guardian 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 9.73 9.29 8.79 10.24 11.93

Competitive Comparison

For the Household & Personal Products subindustry, United-Guardian'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.


United-Guardian Earnings Yield (Joel Greenblatt) % Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, United-Guardian's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



United-Guardian 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.

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

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=2.863/23.985104
=11.94 %

United-Guardian'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 $2.86 Mil.



United-Guardian  (NAS:UG) 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.


United-Guardian Earnings Yield (Joel Greenblatt) % Related Terms

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


United-Guardian (United-Guardian) Business Description

Traded in Other Exchanges
N/A
Address
230 Marcus Boulevard, Hauppauge, NY, USA, 11788
United-Guardian Inc manufactures and markets cosmetic ingredients, pharmaceuticals, medical lubricants, and specialty industrial products. Its product portfolio includes Klensoft, Deselex, Renacidin, Lubrajel Fluid and others. The company's pharmaceutical products are sold to and distributed by full-line drug wholesalers throughout the United States. Its medical and specialty industrial products are sold directly by the company to the end-users of those products or, in some cases, to contract manufacturers used by some of those end users. It derives key revenue from the sales made in the U.S.
Executives
Donna Vigilante officer: President 428 NORTH ERIE AVE, LINDENHURST NY 11757
Beatriz Blanco director, officer: Chief Executive Officer 230 MARCUS BOULEVARD, HAUPPAUGE NY 11788
Joseph J Vernice officer: Vice President C/O UNITED GUARDIAN INC, 230 MARCUS BLVD P O BOX 18050, HAUPPAUGE NY 11788
Betsee Parker 10 percent owner C/O MILDRED F. SLATER, 9005 JOHN S. MOSBY HIGHWAY, UPPERVILLE VA 20185
Arthur Dresner director C/O UNITED GUARDIAN INC, 230 MARCUS BLVD PO BOX 18050, HAUPPAUGE NY 11788
Kenneth H Globus director, 10 percent owner, officer: President & General Counsel C/O UNITED-GUARDIAN, INC., 230 MARCUS BLVD., P.O. BOX 18050, HAUPPAUGE NY 11788
Henry P Globus director C/O UNITED GUARDIAN INC, 230 MARCUS BLVD PO BOX 18050, HAUPPAUGE NY 11788
Derek Hampson officer: Vice President
Peter A Hiltunen officer: Vioe President C/O UNITED GUARDIAN INC, 230 MARCUS BLVD, HAUPPAUGE NY 117088
Nolan Christopher William Sr director 15 TILGHMAN DRIVE, WAYNE NJ 07470
Alfred R Globus director, 10 percent owner, officer: Chief Executive Officer C/O UNITED-GUARDIAN, INC., 230 MARCUS BLVD., P.O. BOX 18050, HAUPPAUGE NY 11788
Robert S Rubinger director, officer: Exec.V.P., Secretary, Treas.
Andrew A Boccone director C/O UNITED GUARDIAN INC, 230 MERCUS BLVD P O BOX 18050, HAUPPAUGE NY 11788
Charles W Castanza director, officer: Senior Vice President C/O UNITED GUARDIAN INC, 230 MARCUS BLVD PO BOX 18050, HAUPPAUGE NY 11788
Cecile Brophy officer: Controller

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