Locate Technologies (ASX:LOC) Earnings Yield (Joel Greenblatt) %: -2.47% (As of Jun. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Locate Technologies Earnings Yield (Joel Greenblatt) %?

Locate Technologies ASX:LOC Earnings Yield (Joel Greenblatt) % is -2.47% as of Jun. 2025. The stock has 3 warning signs investors should review. Among 2,907 Software companies, Locate Technologies ranks worse than 73.27% on this metric.

Locate Technologies's Enterprise Value for the quarter that ended in Jun. 2025 was A$50.73 Mil. Locate Technologies's EBIT for the trailing twelve months (TTM) ended in Jun. 2025 was A$-1.25 Mil. Locate Technologies's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2025 was -2.47%.

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

ASX:LOC' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -122.75   Med: -28.57   Max: -3.63
Current: -3.92

During the past 4 years, the highest Earnings Yield (Joel Greenblatt) of Locate Technologies was -3.63%. The lowest was -122.75%. And the median was -28.57%.

ASX:LOC's Earnings Yield (Joel Greenblatt) % is ranked worse than
73.27% of 2907 companies
in the Software industry
Industry Median: 2.06 vs ASX:LOC: -3.92

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) %. Locate Technologies's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2025 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.


Locate Technologies  (ASX:LOC) 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.


Locate Technologies Earnings Yield (Joel Greenblatt) % Related Terms


Locate Technologies Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Locate Technologies'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.

Locate Technologies Earnings Yield (Joel Greenblatt) % Chart

Locate Technologies Annual Data
Trend Jun22 Jun23 Jun24 Jun25
Earnings Yield (Joel Greenblatt) %
-22.88 -52.91 -13.37 -2.47

Locate Technologies Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only -52.91 0.00 -13.37 0.00 -2.47

ASX:LOC vs QH, SHOP, UBER: Earnings Yield (Joel Greenblatt) % Comparison

For the Software - Application subindustry, Locate Technologies'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.


Locate Technologies Earnings Yield (Joel Greenblatt) % vs Software Industry

For the Software industry and Technology sector, Locate Technologies's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Locate Technologies 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.

Locate Technologiess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-1.254/50.72509
=-2.47 %

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 -2.47% mean?
Locate Technologies (ASX:LOC) has a Earnings Yield (Joel Greenblatt) % of -2.47% as of Jun. 2025. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Locate Technologies and its competitors. According to the industry distribution chart, Locate Technologies ranks #2130 out of 2907 companies in the Software industry, placing it in the top 73.3%.
Is Locate Technologies' Earnings Yield (Joel Greenblatt) % too high?
Locate Technologies' current Earnings Yield (Joel Greenblatt) % is -2.47%. Based on the distribution chart, Locate Technologies ranks #2130 out of 2907 companies in the Software industry, which is below the industry midpoint.
How does Locate Technologies' Earnings Yield (Joel Greenblatt) % compare to QH and SHOP?
According to the Software industry distribution chart, Locate Technologies ranks #2130 out of 2907 companies for Earnings Yield (Joel Greenblatt) %. This places Locate Technologies in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 2.06. 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 Software company?
The median Earnings Yield (Joel Greenblatt) % among Software companies is 2.06, based on 2,907 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 Locate Technologies and its competitors. For the Software industry, the median Earnings Yield (Joel Greenblatt) % is 2.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Locate Technologies's current Earnings Yield (Joel Greenblatt) % is -2.47%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Locate Technologies stock overvalued right now?
Locate Technologies (ASX:LOC) has a current Earnings Yield (Joel Greenblatt) % of -2.47%. The stock's GF Value™ is A$0.08, compared to a current price of A$0.06 — trading 30% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is -2.47%. 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 Locate Technologies (ASX:LOC), the current Earnings Yield (Joel Greenblatt) % is -2.47% as of Jun. 2025. 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.

Locate Technologies Business Description

Other Exchanges LOC:New Zealand
Address 55 Miller Street, Level 4, Suite 4.11, Pyrmont, Sydney, NSW, AUS, 2009
Locate Technologies Ltd is a provider of real-time tracking delivery solutions. The group's Locate2u is a Software-as-a-Service (SaaS) platform, designed to manage and optimise deliveries for couriers, retailers, and e-commerce businesses, and its Zoom2u Platform provides an Australia-wide marketplace connecting customers to a network of local drivers for fast deliveries. The group has two operating segments: Zoom2u and 2u Enterprises, and Locate2u. Maximum revenue is generated from the Zoom2u and 2u Enterprises segment, which provides delivery and tracking services to customers via an internally developed platform, allowing customers to arrange for the delivery of items. This segment also includes the Shred2u business, offering on-site and off-site document shredding services.