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Critical Infrastructure Technologies (Critical Infrastructure Technologies) Earnings Yield (Joel Greenblatt) % : -38.61% (As of Mar. 2024)


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What is Critical Infrastructure Technologies Earnings Yield (Joel Greenblatt) %?

Critical Infrastructure Technologies's Enterprise Value for the quarter that ended in Mar. 2024 was $23.75 Mil. Critical Infrastructure Technologies's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $-8.64 Mil. Critical Infrastructure Technologies's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2024 was -38.61%.

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

CITLF' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -41.15   Med: 0   Max: 0
Current: -33.9

CITLF's Earnings Yield (Joel Greenblatt) % is ranked worse than
94.45% of 2486 companies
in the Hardware industry
Industry Median: 3.105 vs CITLF: -33.90

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) %. Critical Infrastructure Technologies's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 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.


Critical Infrastructure Technologies Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Critical Infrastructure 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.

* Premium members only.

Critical Infrastructure Technologies Earnings Yield (Joel Greenblatt) % Chart

Critical Infrastructure Technologies Annual Data
Trend Jun21 Jun22 Jun23
Earnings Yield (Joel Greenblatt) %
- - -39.22

Critical Infrastructure Technologies Quarterly Data
Jun22 Mar23 Jun23 Sep23 Dec23 Mar24
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial - -39.22 - -40.49 -38.61

Competitive Comparison of Critical Infrastructure Technologies's Earnings Yield (Joel Greenblatt) %

For the Communication Equipment subindustry, Critical Infrastructure 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.


Critical Infrastructure Technologies's Earnings Yield (Joel Greenblatt) % Distribution in the Hardware Industry

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

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



Critical Infrastructure 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.

Critical Infrastructure Technologiess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-8.985/23.629812
=-38.02 %

Critical Infrastructure Technologies's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-8.64 Mil.



Critical Infrastructure Technologies  (OTCPK:CITLF) 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.


Critical Infrastructure Technologies Earnings Yield (Joel Greenblatt) % Related Terms

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Critical Infrastructure Technologies (Critical Infrastructure Technologies) Business Description

Traded in Other Exchanges
Address
1066 West Hastings Street, Suite 2600, Vancouver, BC, CAN, V6E 3X1
Critical Infrastructure Technologies Ltd designs and develops rapidly deployable infrastructure and power systems to support life and mission-critical applications. The company's product set is a range of rapidly deployable, high-capacity communications platforms called the NEXUS 16 and CiNet. The NEXUS 16 is a fully integrated, high-capacity communications platform that can be quickly and safely transported to remote and hostile locations and be fully operational and transmitted in under 60 minutes. CiNet was built to support the Nexus products and provide seamless integration into the operator's own Network Management Systems.

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