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Husky Energy (Husky Energy) Earnings Yield (Joel Greenblatt) % : -135.14% (As of Sep. 2020)


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What is Husky Energy Earnings Yield (Joel Greenblatt) %?

Husky Energy's Enterprise Value for the quarter that ended in Sep. 2020 was $8,153 Mil. Husky Energy's EBIT for the trailing twelve months (TTM) ended in Sep. 2020 was $-10,908 Mil. Husky Energy's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2020 was -135.14%.

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

HUSKF' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -135.21   Med: 6.86   Max: 13.46
Current: -100

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Husky Energy was 13.46%. The lowest was -135.21%. And the median was 6.86%.

HUSKF's Earnings Yield (Joel Greenblatt) % is not ranked
in the Oil & Gas industry.
Industry Median: 6.56 vs HUSKF: -100.00

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) %. Husky Energy's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2020 was -6.11%. 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.


Husky Energy Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Husky 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.

Husky Energy Earnings Yield (Joel Greenblatt) % Chart

Husky Energy Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -23.87 5.57 3.15 11.61 -11.66

Husky Energy Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 9.20 -11.66 -43.86 -43.48 -135.14

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

For the Oil & Gas Integrated subindustry, Husky 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.


Husky Energy's Earnings Yield (Joel Greenblatt) % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Husky Energy's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Husky 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.

Husky Energys Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2019 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-1465.563/12689.3564
=-11.55 %

Husky Energy's EBIT for the trailing twelve months (TTM) ended in Sep. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-10,908 Mil.



Husky Energy  (OTCPK:HUSKF) 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.


Husky Energy Earnings Yield (Joel Greenblatt) % Related Terms

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


Husky Energy (Husky Energy) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Husky Energy Inc (OTCPK:HUSKF) » Definitions » Earnings Yield (Joel Greenblatt) %
Traded in Other Exchanges
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Address
707, 8th Avenue S.W, PO Box 6525, Station D, Calgary, AB, CAN, T2P 1H5
Husky Energy is one of Canada's largest integrated energy companies, operating in western Canada, the United States, and the Asia-Pacific and Atlantic regions. The upstream portfolio includes light and medium crude, heavy crude, bitumen, natural gas liquids, and natural gas. Husky's heavy oil and oil sands production are supported by two integrated downstream and midstream value chains. Production averaged 290,000 barrels of oil equivalent per day in 2019, and Husky estimates that it holds approximately 2.1 billion boe of proven and probable crude oil and natural gas reserves.

Husky Energy (Husky Energy) Headlines

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