CGAC (Code Green Apparel) Earnings Yield (Joel Greenblatt) %: -119.05% (As of Sep. 2017)

Code Green Apparel  (OTCPK:CGAC) 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.

Code Green Apparel Earnings Yield (Joel Greenblatt) % Related Terms

The historical data trend for Code Green Apparel'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.

Code Green Apparel Earnings Yield (Joel Greenblatt) % Chart

Code Green Apparel Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17
Earnings Yield (Joel Greenblatt) %	Get a 7-Day Free Trial															-17.51	-156.25	-75.19	58.82	-119.05

Code Green Apparel Earnings Yield (Joel Greenblatt) % Competitor Comparison

For the Capital Markets subindustry, Code Green Apparel'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.

Code Green Apparel Earnings Yield (Joel Greenblatt) % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Code Green Apparel's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Code Green Apparel's Earnings Yield (Joel Greenblatt) % falls into.

Code Green Apparel 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.

Code Green Apparels Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2016 is calculated as

Code Green Apparel's EBIT for the trailing twelve months (TTM) ended in Sep. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.05 Mil.

Code Green Apparel Business Description