Continental Coal (ASX:CCC) Earnings Yield (Joel Greenblatt) %: -15.77% (As of Jun. 2014)

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What is Continental Coal Earnings Yield (Joel Greenblatt) %?

Continental Coal ASX:CCC Earnings Yield (Joel Greenblatt) % is -15.77% as of Jun. 2014. The stock has 4 warning signs investors should review.

Continental Coal's Enterprise Value for the quarter that ended in Jun. 2014 was A$94.05 Mil. Continental Coal's EBIT for the trailing twelve months (TTM) ended in Jun. 2014 was A$-20.81 Mil. Continental Coal's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2014 was -15.77%.

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

ASX:CCC' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -15.8   Med: 0   Max: 0
Current: -15.8

ASX:CCC's Earnings Yield (Joel Greenblatt) % is not ranked
in the Steel industry.
Industry Median: 4.88 vs ASX:CCC: -15.80

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) %. Continental Coal's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2014 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.


Continental Coal  (ASX:CCC) 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.


Continental Coal Earnings Yield (Joel Greenblatt) % Related Terms


Continental Coal Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Continental Coal'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.

Continental Coal Earnings Yield (Joel Greenblatt) % Chart

Continental Coal Annual Data
Trend Jun11 Jun12 Jun13 Jun14
Earnings Yield (Joel Greenblatt) %
-3.40 -24.39 -50.00 -15.77

Continental Coal Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial -24.39 0.00 0.00 0.00 -15.77

Continental Coal Earnings Yield (Joel Greenblatt) % Competitor Comparison

For the Coking Coal subindustry, Continental Coal'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.


Continental Coal Earnings Yield (Joel Greenblatt) % vs Steel Industry

For the Steel industry and Basic Materials sector, Continental Coal's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Continental Coal 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.

Continental Coals Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 2014 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-20.812/94.04608
=-22.13 %

For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.


What does a Earnings Yield (Joel Greenblatt) % of -15.77% mean?
Continental Coal (ASX:CCC) has a Earnings Yield (Joel Greenblatt) % of -15.77% as of Jun. 2014. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Continental Coal and its competitors.
Is Continental Coal's Earnings Yield (Joel Greenblatt) % too high?
Continental Coal's current Earnings Yield (Joel Greenblatt) % is -15.77%.
How does Continental Coal's Earnings Yield (Joel Greenblatt) % compare to competitors?
Continental Coal's Earnings Yield (Joel Greenblatt) % of -15.77% can be compared against companies in the Steel industry. The industry median Earnings Yield (Joel Greenblatt) % is 4.88. 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 Steel company?
The median Earnings Yield (Joel Greenblatt) % among Steel companies is 4.88, based on 631 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. 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 Continental Coal and its competitors. For the Steel industry, the median Earnings Yield (Joel Greenblatt) % is 4.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Continental Coal's current Earnings Yield (Joel Greenblatt) % is -15.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Continental Coal stock overvalued right now?
Continental Coal (ASX:CCC) has a current Earnings Yield (Joel Greenblatt) % of -15.77%. The current Earnings Yield (Joel Greenblatt) % is -15.77%. 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 Continental Coal (ASX:CCC), the current Earnings Yield (Joel Greenblatt) % is -15.77% as of Jun. 2014. 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.

Continental Coal Business Description

Address 9th Floor, Fredman Towers, 13 Fredman Drive, Sandton, ZAF, 2196
Continental Coal Ltd is a coal exploration and development company. It is engaged in producing, development and exploration of coal in its projects located in South Africa's coal fields. Its three main operating mines are Vlakvarkfontein, Ferreira and Penumbra mine. Its development projects include De Wittekrans development project; and exploration projects, such as Vaalbank, Leiden and Knapdaar in South Africa, as well as Kweneng and Serowe exploration projects in Botswana.