What is APR Energy Earnings Yield (Joel Greenblatt) %?
APR Energy's Enterprise Value for the quarter that ended in Jun. 2015 was $749.1 Mil.
APR Energy's EBIT for the trailing twelve months (TTM) ended in Jun. 2015 was $-809.4 Mil. APR Energy's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2015 was 0.00%.
The historical rank and industry rank for APR Energy's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
APRYF's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Utilities - Regulated industry.
Industry Median: 6.63 * 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) %. APR Energy's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2015 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.
APR Energy Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for APR Energy'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.
APR Energy Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of APR Energy's Earnings Yield (Joel Greenblatt) %
For the Utilities - Regulated Electric subindustry, APR Energy'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.
APR Energy's Earnings Yield (Joel Greenblatt) % Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, APR Energy's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where APR Energy's Earnings Yield (Joel Greenblatt) % falls into.
APR Energy 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.
APR Energys Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2014 is calculated as
For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.
APR Energy (OTCPK:APRYF) 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.
APR Energy Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of APR Energy's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
APR Energy PLC was incorporated on October 30, 2009. It is a provider of fast-track mobile turbine power. The Company's turnkey power plants help run cities, countries, and industries around the world in both developed and developing markets. The Company provides its solutions to a variety of customers, including sovereign owned utilities, governmental institutions and industrial customers. Its fleet of rapidly deployable turnkey power can be utilised for many applications, including supplemental base-load capacity, disaster relief, seasonal peak shaving, backup for scheduled or unscheduled outages, dedicated industrial power, and grid stability and support. Its geographical locations include Libya, South America, Angola, Japan and Middle East.
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