Commerce Energy Group (Commerce Energy Group) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Apr. 2009)

Commerce Energy Group Earnings Yield (Joel Greenblatt) % Chart

Commerce Energy Group Annual Data
	Trend	Jul00	Jul01	Jul02	Jul03	Jul04	Jul05	Jul06	Jul07	Jul08
Earnings Yield (Joel Greenblatt) %		Get a 7-Day Free Trial				370.37	-57.80	-18.94	14.75	-73.53

Commerce Energy Group Quarterly Data
	Jul04	Oct04	Jan05	Apr05	Jul05	Oct05	Jan06	Apr06	Jul06	Oct06	Jan07	Apr07	Jul07	Oct07	Jan08	Apr08	Jul08	Oct08	Jan09	Apr09
Earnings Yield (Joel Greenblatt) %	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Commerce Energy Group's Earnings Yield (Joel Greenblatt) %

For the Utilities - Diversified subindustry, Commerce Energy Group'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.

Commerce Energy Group's Earnings Yield (Joel Greenblatt) % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Commerce Energy Group's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Commerce Energy Group's Earnings Yield (Joel Greenblatt) % falls into.

Commerce Energy Group 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.

Commerce Energy Groups Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jul. 2008 is calculated as

Commerce Energy Group's EBIT for the trailing twelve months (TTM) ended in Apr. 2009 adds up the quarterly data reported by the company within the most recent 12 months, which was $-58.6 Mil.

Commerce Energy Group  (OTCPK:CMNR) 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.

Commerce Energy Group Earnings Yield (Joel Greenblatt) % Related Terms

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Commerce Energy Group (Commerce Energy Group) Business Description