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Color Imaging (Color Imaging) Earnings Yield (Joel Greenblatt) % : 14.18% (As of Jun. 2005)


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What is Color Imaging Earnings Yield (Joel Greenblatt) %?

Color Imaging's Enterprise Value for the quarter that ended in Jun. 2005 was $0.00 Mil. Color Imaging's EBIT for the trailing twelve months (TTM) ended in Jun. 2005 was $1.28 Mil. Color Imaging's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2005 was 14.18%.

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

CIIG's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Industrial Products industry.
Industry Median: 4.26
* 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) %. Color Imaging's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2005 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.


Color Imaging Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Color Imaging'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.

Color Imaging Earnings Yield (Joel Greenblatt) % Chart

Color Imaging Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03 Dec04
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial -1.16 1.32 4.37 6.49 8.64

Color Imaging Quarterly Data
Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.89 6.00 8.64 13.70 14.18

Competitive Comparison of Color Imaging's Earnings Yield (Joel Greenblatt) %

For the Business Equipment & Supplies subindustry, Color Imaging'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.


Color Imaging's Earnings Yield (Joel Greenblatt) % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Color Imaging's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Color Imaging 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.

Color Imagings Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2004 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=0.636/7.357956
=8.64 %

Color Imaging's EBIT for the trailing twelve months (TTM) ended in Jun. 2005 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.28 Mil.



Color Imaging  (OTCPK:CIIG) 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.


Color Imaging Earnings Yield (Joel Greenblatt) % Related Terms

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Color Imaging (Color Imaging) Business Description

Traded in Other Exchanges
N/A
Address
4350 Peachtree Industrial Boulevard, Suite 100, Norcross, GA, USA, 30071
Color Imaging Inc designs, develops, manufactures and markets products used in electronic photocopying and printing, including black text, specialty, full color and MICR and supplies other consumable products, including imaging drums.

Color Imaging (Color Imaging) Headlines