Frankland River Olive Co (ASX:FLR) Earnings Yield (Joel Greenblatt) %: 0.00% (As of Dec. 2015)

Frankland River Olive Co  (ASX:FLR) 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.

Frankland River Olive Co Earnings Yield (Joel Greenblatt) % Related Terms

The historical data trend for Frankland River Olive 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.

Frankland River Olive Co Earnings Yield (Joel Greenblatt) % Chart

Frankland River Olive Co Annual Data
	Trend	Jun07	Jun08	Jun09	Jun10	Jun11	Jun12	Jun13	Jun14	Jun15
Earnings Yield (Joel Greenblatt) %		Get a 7-Day Free Trial				-8.90	-25.51	-9.01	0.00	0.00

Frankland River Olive Co Semi-Annual Data
	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15
Earnings Yield (Joel Greenblatt) %	Get a 7-Day Free Trial														0.00	0.00	0.00	0.00	0.00

Frankland River Olive Co Earnings Yield (Joel Greenblatt) % Competitor Comparison

For the Farm Products subindustry, Frankland River Olive 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.

Frankland River Olive Co Earnings Yield (Joel Greenblatt) % vs Consumer Packaged Goods Industry

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

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

Frankland River Olive 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.

Frankland River Olive Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 2015 is calculated as

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.

Frankland River Olive Co Business Description