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Industrial Human Capital (Industrial Human Capital) Earnings Yield (Joel Greenblatt) % : -1.78% (As of Jun. 2022)


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What is Industrial Human Capital Earnings Yield (Joel Greenblatt) %?

Industrial Human Capital's Enterprise Value for the quarter that ended in Jun. 2022 was $144.37 Mil. Industrial Human Capital's EBIT for the trailing twelve months (TTM) ended in Jun. 2022 was $-2.57 Mil. Industrial Human Capital's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2022 was -1.78%.

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

AXHI's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Diversified Financial Services industry.
Industry Median: -1.64
* Ranked among companies with meaningful Earnings Yield (Joel Greenblatt) % only.

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) %. Industrial Human Capital's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2022 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.


Industrial Human Capital Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Industrial Human Capital'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.

* Premium members only.

Industrial Human Capital Earnings Yield (Joel Greenblatt) % Chart

Industrial Human Capital Annual Data
Trend Dec21
Earnings Yield (Joel Greenblatt) %
-

Industrial Human Capital Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial - - - -0.94 -1.78

Competitive Comparison of Industrial Human Capital's Earnings Yield (Joel Greenblatt) %

For the Shell Companies subindustry, Industrial Human Capital'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.


Industrial Human Capital's Earnings Yield (Joel Greenblatt) % Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Industrial Human Capital's Earnings Yield (Joel Greenblatt) % falls into.



Industrial Human Capital 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.

Industrial Human Capitals Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2021 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=0/142.255
= %

Industrial Human Capital's EBIT for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.57 Mil.



Industrial Human Capital  (OTCPK:AXHI) 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.


Industrial Human Capital Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Industrial Human Capital's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Industrial Human Capital (Industrial Human Capital) Business Description

Traded in Other Exchanges
N/A
Address
501 Brickell Key Drive, Suite 300, Miami, FL, USA, 33131
Industrial Human Capital Inc is a blank check company.
Executives
Gabriel Rodriguez officer: Treasurer and CFO C/O INDUSTRIAL HUMAN CAPITAL, INC., 501 BRICKELL KEY DRIVE, SUITE 300, MIAMI FL 33131
Tchaikovsky Bennet Price Jr director 11601 WILSHIRE BOULEVARD, SUITE 2150, LOS ANGELES CA 90025
John Quelch director C/O INVERNESS MEDICAL INNOVATIONS INC, 51 SAWYER RD, WALTHAM MA 02453
Robert S. Gans officer: General Counsel C/O SHIFTPIXY, INC., 1 VENTURE, SUITE 150, IRVINE CA 92618
Scott W Absher 10 percent owner, officer: Chief Executive Officer 4101 NW 25TH STREET, MIAMI FL 33142
Domonic J. Carney officer: Chief Financial Officer 9400 TOLEDO WAY, IRVINE CA 92618
A.g.p. / Alliance Global Partners Corp. other: Underwriter 88 POST ROAD WEST, 2ND FLOOR, WESTPORT CT 06880
Shiftpixy Investments, Inc. 10 percent owner 501 BRICKELL KEY DRIVE, SUITE 300, MIAMI FL 33131
Heath Hawker director 501 BRICKELL KEY DRIVE, SUITE 300, MIAMI FL 33131

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