AOXG (Aoxing Pharmaceutical Co) Earnings Yield (Joel Greenblatt) %: 1.97% (As of Mar. 2017)

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What is Aoxing Pharmaceutical Co Earnings Yield (Joel Greenblatt) %?

Aoxing Pharmaceutical Co AOXG Earnings Yield (Joel Greenblatt) % is 1.97% as of Mar. 2017.

Aoxing Pharmaceutical Co's Enterprise Value for the quarter that ended in Mar. 2017 was $50.29 Mil. Aoxing Pharmaceutical Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2017 was $0.99 Mil. Aoxing Pharmaceutical Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2017 was 1.97%.

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

AOXG' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 99.01
Current: 99.01

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Aoxing Pharmaceutical Co was 99.01%. The lowest was 0.00%. And the median was 0.00%.

AOXG's Earnings Yield (Joel Greenblatt) % is not ranked
in the Diversified Financial Services industry.
Industry Median: -0.21 vs AOXG: 99.01

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) %. Aoxing Pharmaceutical Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2017 was 0.00%. 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.


Aoxing Pharmaceutical Co  (OTCPK:AOXG) 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.


Aoxing Pharmaceutical Co Earnings Yield (Joel Greenblatt) % Related Terms


Aoxing Pharmaceutical Co Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Aoxing Pharmaceutical Co'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.

Aoxing Pharmaceutical Co Earnings Yield (Joel Greenblatt) % Chart

Aoxing Pharmaceutical Co Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -60.61 -43.29 -7.50 5.88 9.54

Aoxing Pharmaceutical Co Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 16.69 9.54 8.27 4.00 1.97

AOXG vs OWCP, BSPK, MYHI: Earnings Yield (Joel Greenblatt) % Comparison

For the Shell Companies subindustry, Aoxing Pharmaceutical Co'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.


Aoxing Pharmaceutical Co Earnings Yield (Joel Greenblatt) % vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Aoxing Pharmaceutical Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Aoxing Pharmaceutical Co's Earnings Yield (Joel Greenblatt) % falls into.



Aoxing Pharmaceutical Co 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.

Aoxing Pharmaceutical Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 2016 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=6.228/67.03585
=9.29 %

Aoxing Pharmaceutical Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.99 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 1.97% mean?
Aoxing Pharmaceutical Co (AOXG) has a Earnings Yield (Joel Greenblatt) % of 1.97% as of Mar. 2017. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Aoxing Pharmaceutical Co and its competitors.
Is Aoxing Pharmaceutical Co's Earnings Yield (Joel Greenblatt) % too high?
Aoxing Pharmaceutical Co's current Earnings Yield (Joel Greenblatt) % is 1.97%.
How does Aoxing Pharmaceutical Co's Earnings Yield (Joel Greenblatt) % compare to OWCP and BSPK?
Aoxing Pharmaceutical Co's Earnings Yield (Joel Greenblatt) % of 1.97% can be compared against companies in the Diversified Financial Services industry. 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 Diversified Financial Services company?
A good Earnings Yield (Joel Greenblatt) % depends on the Diversified Financial Services industry context. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Aoxing Pharmaceutical Co and its competitors. Aoxing Pharmaceutical Co's current Earnings Yield (Joel Greenblatt) % is 1.97%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aoxing Pharmaceutical Co stock overvalued right now?
Aoxing Pharmaceutical Co (AOXG) has a current Earnings Yield (Joel Greenblatt) % of 1.97%. The current Earnings Yield (Joel Greenblatt) % is 1.97%. 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 Aoxing Pharmaceutical Co (AOXG), the current Earnings Yield (Joel Greenblatt) % is 1.97% as of Mar. 2017. 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.

Aoxing Pharmaceutical Co Business Description

Address Block 25, Flat F, 9th Floor, South Horizons, Apleichau, Hong Kong, HKG
Aoxing Pharmaceutical Co Inc does not have any business operations and is restructuring for a new business model and plans to acquire an operating company via reverse merger.