AMMX (AmeraMex International) Earnings Yield (Joel Greenblatt) %: 14.25% (As of Mar. 2023)

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AMMX AmeraMex International Inc AMMX
12 GF Score
Price $0.16
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What is AmeraMex International Earnings Yield (Joel Greenblatt) %?

AmeraMex International AMMX 12 Earnings Yield (Joel Greenblatt) % is 14.25% as of Mar. 2023. GuruFocus rates AMMX with a GF Score™ of 12/100.

AmeraMex International's Enterprise Value for the quarter that ended in Mar. 2023 was $11.51 Mil. AmeraMex International's EBIT for the trailing twelve months (TTM) ended in Mar. 2023 was $1.64 Mil. AmeraMex International's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2023 was 14.25%.

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

AMMX' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 73.53
Current: 68.97

During the past 7 years, the highest Earnings Yield (Joel Greenblatt) of AmeraMex International was 73.53%. The lowest was 0.00%. And the median was 0.00%.

AMMX's Earnings Yield (Joel Greenblatt) % is not ranked
in the Farm & Heavy Construction Machinery industry.
Industry Median: 6.14 vs AMMX: 68.97

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) %. AmeraMex International's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2023 was 21.90%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five 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.


AmeraMex International  (OTCPK:AMMX) 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.


AmeraMex International Earnings Yield (Joel Greenblatt) % Related Terms


AmeraMex International Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for AmeraMex International'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.

AmeraMex International Earnings Yield (Joel Greenblatt) % Chart

AmeraMex International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial 12.63 3.77 0.44 34.48 16.00

AmeraMex International Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 24.21 23.47 38.76 16.00 14.25

AMMX vs PTRAQ, CEAD, ZEVY: Earnings Yield (Joel Greenblatt) % Comparison

For the Farm & Heavy Construction Machinery subindustry, AmeraMex International'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.


AmeraMex International Earnings Yield (Joel Greenblatt) % vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, AmeraMex International's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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


AMMX
12GF Score
AmeraMex International Inc AMMX
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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AmeraMex International 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.

AmeraMex Internationals Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2022 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=1.916/11.98176
=15.99 %

AmeraMex International's EBIT for the trailing twelve months (TTM) ended in Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.64 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 14.25% mean?
AmeraMex International (AMMX) has a Earnings Yield (Joel Greenblatt) % of 14.25% as of Mar. 2023. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on AmeraMex International and its competitors.
Is AmeraMex International's Earnings Yield (Joel Greenblatt) % too high?
AmeraMex International's current Earnings Yield (Joel Greenblatt) % is 14.25%. The Farm & Heavy Construction Machinery industry median Earnings Yield (Joel Greenblatt) % is 6.14. AmeraMex International's value of 14.25% is 132.1% above this industry median. Overall, AmeraMex International has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does AmeraMex International's Earnings Yield (Joel Greenblatt) % compare to PTRAQ and CEAD?
AmeraMex International's Earnings Yield (Joel Greenblatt) % of 14.25% can be compared against companies in the Farm & Heavy Construction Machinery industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.14. AmeraMex International's value of 14.25% is 132.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a Farm & Heavy Construction Machinery company?
The median Earnings Yield (Joel Greenblatt) % among Farm & Heavy Construction Machinery companies is 6.14, based on 212 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AmeraMex International's current Earnings Yield (Joel Greenblatt) % of 14.25% is 132.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on AmeraMex International and its competitors. For the Farm & Heavy Construction Machinery industry, the median Earnings Yield (Joel Greenblatt) % is 6.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AmeraMex International's current Earnings Yield (Joel Greenblatt) % is 14.25%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AmeraMex International stock overvalued right now?
AmeraMex International (AMMX) has a current Earnings Yield (Joel Greenblatt) % of 14.25%. The current Earnings Yield (Joel Greenblatt) % is 14.25% and 132.1% above the Farm & Heavy Construction Machinery industry median of 6.14. AmeraMex International's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For AmeraMex International (AMMX), the current Earnings Yield (Joel Greenblatt) % is 14.25% as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

AmeraMex International Business Description

Address 3930 Esplanade, Chico, CA, USA, 95973
AmeraMex International Inc is a dealer of new and refurbished heavy equipment. It sells, leases, and rents heavy equipment to companies within multiple industries, including construction, shipping, logistics, mining, commercial farming, logging, forestry conservation, and lumber. The company's key product line is specialized container handling equipment for the loading and unloading of container ships and dry dock areas.
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Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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