CLST Holdings (CLST Holdings) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Aug. 2010)

CLST Holdings Earnings Yield (Joel Greenblatt) % Chart

CLST Holdings Annual Data
	Trend	Nov00	Nov01	Nov02	Nov03	Nov04	Nov05	Nov06	Nov07	Nov08	Nov09
Earnings Yield (Joel Greenblatt) %		Get a 7-Day Free Trial					-1.20	17.06	400.00	333.33	-9.64

CLST Holdings Quarterly Data
	Nov05	Feb06	May06	Aug06	Nov06	Feb07	May07	Aug07	Nov07	Feb08	May08	Aug08	Nov08	Feb09	May09	Aug09	Nov09	Feb10	May10	Aug10
Earnings Yield (Joel Greenblatt) %	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of CLST Holdings's Earnings Yield (Joel Greenblatt) %

For the Shell Companies subindustry, CLST Holdings'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.

CLST Holdings's Earnings Yield (Joel Greenblatt) % Distribution in the Diversified Financial Services Industry

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

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

CLST Holdings 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.

CLST Holdingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Nov. 2009 is calculated as

CLST Holdings's EBIT for the trailing twelve months (TTM) ended in Aug. 2010 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.45 Mil.

CLST Holdings  (OTCPK:CLHI) 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.

CLST Holdings Earnings Yield (Joel Greenblatt) % Related Terms

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CLST Holdings (CLST Holdings) Business Description