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Rogers Sugar (Rogers Sugar) Earnings Yield (Joel Greenblatt) %

: 9.20% (As of Dec. 2023)
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Rogers Sugar's Enterprise Value for the quarter that ended in Dec. 2023 was $777.0 Mil. Rogers Sugar's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $68.6 Mil. Rogers Sugar's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 9.20%.

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

RSGUF' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -0.29   Med: 7.2   Max: 13.43
Current: 8.55

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Rogers Sugar was 13.43%. The lowest was -0.29%. And the median was 7.20%.

RSGUF's Earnings Yield (Joel Greenblatt) % is ranked better than
69.03% of 1944 companies
in the Consumer Packaged Goods industry
Industry Median: 4.99 vs RSGUF: 8.55

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) %. Rogers Sugar's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 was -0.81%. 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.


Rogers Sugar Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Rogers Sugar'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.

Rogers Sugar Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Earnings Yield (Joel Greenblatt) %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.61 7.82 9.12 1.43 9.28

Rogers Sugar 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 -0.32 1.62 3.09 9.28 9.20

Competitive Comparison

For the Confectioners subindustry, Rogers Sugar'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.


Rogers Sugar Earnings Yield (Joel Greenblatt) % Distribution

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

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



Rogers Sugar 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.

Rogers Sugars Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Sep. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=68.886/742.22508
=9.28 %

Rogers Sugar'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 $68.6 Mil.



Rogers Sugar  (OTCPK:RSGUF) 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.


Rogers Sugar Earnings Yield (Joel Greenblatt) % Related Terms

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


Rogers Sugar (Rogers Sugar) Business Description

Traded in Other Exchanges
Address
123 Rogers Street, Vancouver, BC, CAN, V6B 3V2
Rogers Sugar Inc is a Canada-based sugar-producing company. The company along with its subsidiaries is principally engaged in refining, packaging, and marketing sugar products. The products offered by the company include Brown sugar, Yellow sugar, Icing sugar and other related sugar products. It operates in the following reportable segments: Sugar and Maple products, of which the majority of the revenue comes from sugar products. Its geographical segments include Canada, which is the key revenue generator; the United States; Europe; and others.

Rogers Sugar (Rogers Sugar) Headlines

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