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Champion Industries (Champion Industries) Earnings Yield (Joel Greenblatt) % : -2.22% (As of Apr. 2016)


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What is Champion Industries Earnings Yield (Joel Greenblatt) %?

Champion Industries's Enterprise Value for the quarter that ended in Apr. 2016 was $15.05 Mil. Champion Industries's EBIT for the trailing twelve months (TTM) ended in Apr. 2016 was $-0.34 Mil. Champion Industries's Earnings Yield (Joel Greenblatt) for the quarter that ended in Apr. 2016 was -2.22%.

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

CHMP's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Industrial Products industry.
Industry Median: 4.42
* 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) %. Champion Industries's Forward Rate of Return (Yacktman) % for the quarter that ended in Apr. 2016 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.


Champion Industries Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Champion Industries'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.

Champion Industries Earnings Yield (Joel Greenblatt) % Chart

Champion Industries Annual Data
Trend Oct06 Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Oct13 Oct14 Oct15
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.92 -29.67 59.52 0.04 -1.49

Champion Industries Quarterly Data
Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16
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 2.62 2.15 -1.49 -0.98 -2.22

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

For the Business Equipment & Supplies subindustry, Champion Industries'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.


Champion Industries's Earnings Yield (Joel Greenblatt) % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Champion Industries's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Champion Industries 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.

Champion Industriess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Oct. 2015 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-0.242/15.99
=-1.51 %

Champion Industries's EBIT for the trailing twelve months (TTM) ended in Apr. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.34 Mil.



Champion Industries  (OTCPK:CHMP) 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.


Champion Industries Earnings Yield (Joel Greenblatt) % Related Terms

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


Champion Industries (Champion Industries) Business Description

Traded in Other Exchanges
N/A
Address
2450 First Avenue, P.O. Box 2968, Huntington, WV, USA, 25728
Champion Industries Inc is a commercial printer, business form manufacturer, and supplier of office products and office furniture. The company operates principally in two industry segments organized on the basis of product lines: Printing segment and Office Products and Furniture segment. The Printing segment comprises the production, printing and sale, printed materials including brochures, pamphlets, reports, tags, continuous and other forms principally to commercial customers. The Office Product and Furniture segment are engaged in the sale of office products and office furniture including interior design services. Printing segment is the major revenue contributor to the company.
Executives
Philip E Cline director P O BOX 119 HUNTINGTON WV 25706-0119
Marshall T Reynolds director, 10 percent owner, officer: Chairman/Chief Exec. Officer 2450 FIRST AVENUE, HUNTINGTON WV 25704
Toney K Adkins officer: President and COO ROUTE 1 BOX 622 GENOA WV 25517
Todd R Fry officer: Sen.Vice Pres./Chief Fin. Off. CHAMPION INDUSTRIES, P O BOX 2968, HUNTINGTON WV 25728-2968
Mooney Harley F Jr director 1673 WOODVALE DRIVE, CHARLESTON WV 25314
Neal Scaggs director 302 CENTRAL AVENUE, LOGAN WV 25601
Wilcox Glenn W Sr director ONE WEST PACK SQUARE SUITE 1700, ASHEVILLE NC 28801

Champion Industries (Champion Industries) Headlines