What is Anton Oilfield Services Group Earnings Yield (Joel Greenblatt) %?
Anton Oilfield Services Group's Enterprise Value for the quarter that ended in Jun. 2024 was $314.3 Mil.
Anton Oilfield Services Group's EBIT for the trailing twelve months (TTM) ended in Jun. 2024 was $86.4 Mil. Anton Oilfield Services Group's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2024 was 0.00%.
The historical rank and industry rank for Anton Oilfield Services Group's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
ATONY'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.39 Med: 11.79 Max: 28.25
Current: 28.25
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Anton Oilfield Services Group was 28.25%. The lowest was 0.39%. And the median was 11.79%.
ATONY's Earnings Yield (Joel Greenblatt) % is ranked better than 91.15% of 1062
companies
in the Oil & Gas industry
Industry Median: 5.89
vs ATONY: 28.25
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) %. Anton Oilfield Services Group's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2024 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past seven 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.
Anton Oilfield Services Group Earnings Yield (Joel Greenblatt) % Historical Data
* 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.
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Anton Oilfield Services Group Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of Anton Oilfield Services Group's Earnings Yield (Joel Greenblatt) %
For the Oil & Gas Equipment & Services subindustry, Anton Oilfield Services Group'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.
Anton Oilfield Services Group's Earnings Yield (Joel Greenblatt) % Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Anton Oilfield Services Group's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Anton Oilfield Services Group's Earnings Yield (Joel Greenblatt) % falls into.
Anton Oilfield Services Group 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.
Anton Oilfield Services Groups Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 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.
Anton Oilfield Services Group (OTCPK:ATONY) 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.
Anton Oilfield Services Group Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Anton Oilfield Services Group's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Anton Oilfield Services Group Business Description
Anton Oilfield Services Group is an investment holding company principally engaged in the provision of integrated oil and gas field development technical services. The Company operates its business through the following segments; Oilfield technical services, Oilfield management services, Drilling rig services, and Inspection services. The majority of the company's revenue is generated from the Oilfield technical services segment which covers the full life cycle of oil and gas development, including geological technology, drilling technology, well completion and stimulation technology as well as asset leasing services for the industry. Geographically, the firm derives its key revenue from the Republic of Iraq followed by the People's Republic of China, and other countries.
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