Emerald Oil Industries (DHA:EMERALDOIL) Earnings Yield (Joel Greenblatt) %: 2.35% (As of Dec. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DHA:EMERALDOIL Emerald Oil Industries Ltd DHA:EMERALDOIL
30 GF Score
Price BDT28.00
View Full Analysis

What is Emerald Oil Industries Earnings Yield (Joel Greenblatt) %?

Emerald Oil Industries DHA:EMERALDOIL -0.36% 30 Earnings Yield (Joel Greenblatt) % is 2.35% as of Dec. 2023. GuruFocus rates DHA:EMERALDOIL with a GF Score™ of 30/100.

Emerald Oil Industries's Enterprise Value for the quarter that ended in Dec. 2023 was BDT7,976 Mil. Emerald Oil Industries's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was BDT188 Mil. Emerald Oil Industries's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 2.35%.

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

DHA:EMERALDOIL's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 6.04
* 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) %. Emerald Oil Industries's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five 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.


Emerald Oil Industries  (DHA:EMERALDOIL) 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.


Emerald Oil Industries Earnings Yield (Joel Greenblatt) % Related Terms


Emerald Oil Industries Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Emerald Oil Industries'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.

Emerald Oil Industries Earnings Yield (Joel Greenblatt) % Chart

Emerald Oil Industries Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.95 -2.32 -1.46 0.41 0.77

Emerald Oil Industries Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Jun18 Jun19 Jun20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.31 3.22 0.77 2.01 2.35

DHA:EMERALDOIL vs KHC, GIS, K: Earnings Yield (Joel Greenblatt) % Comparison

For the Packaged Foods subindustry, Emerald Oil Industries'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.


Emerald Oil Industries Earnings Yield (Joel Greenblatt) % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Emerald Oil Industries's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Emerald Oil Industries's Earnings Yield (Joel Greenblatt) % falls into.


DHA:EMERALDOIL
30GF Score
Emerald Oil Industries Ltd DHA:EMERALDOIL
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Emerald Oil Industries 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.

Emerald Oil Industriess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=73.039/9529.4228
=0.77 %

Emerald Oil Industries's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was BDT188 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 2.35% mean?
Emerald Oil Industries (DHA:EMERALDOIL) has a Earnings Yield (Joel Greenblatt) % of 2.35% as of Dec. 2023. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Emerald Oil Industries and its competitors.
Is Emerald Oil Industries' Earnings Yield (Joel Greenblatt) % too high?
Emerald Oil Industries' current Earnings Yield (Joel Greenblatt) % is 2.35%. The Consumer Packaged Goods industry median Earnings Yield (Joel Greenblatt) % is 6.04. Emerald Oil Industries' value of 2.35% is 61.1% below this industry median. Overall, Emerald Oil Industries has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Emerald Oil Industries' Earnings Yield (Joel Greenblatt) % compare to KHC and GIS?
Emerald Oil Industries' Earnings Yield (Joel Greenblatt) % of 2.35% can be compared against companies in the Consumer Packaged Goods industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.04. Emerald Oil Industries' value of 2.35% is 61.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a Consumer Packaged Goods company?
The median Earnings Yield (Joel Greenblatt) % among Consumer Packaged Goods companies is 6.04, based on 2,026 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Emerald Oil Industries's current Earnings Yield (Joel Greenblatt) % of 2.35% is 61.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Emerald Oil Industries and its competitors. For the Consumer Packaged Goods industry, the median Earnings Yield (Joel Greenblatt) % is 6.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emerald Oil Industries's current Earnings Yield (Joel Greenblatt) % is 2.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emerald Oil Industries stock overvalued right now?
Emerald Oil Industries (DHA:EMERALDOIL) has a current Earnings Yield (Joel Greenblatt) % of 2.35%. The current Earnings Yield (Joel Greenblatt) % is 2.35% and 61.1% below the Consumer Packaged Goods industry median of 6.04. Emerald Oil Industries' overall GF Score™ is 30/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Emerald Oil Industries (DHA:EMERALDOIL), the current Earnings Yield (Joel Greenblatt) % is 2.35% as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Emerald Oil Industries Business Description

Address Halimunnesa's Court (Floor-9), 23, Kakrail, Dhaka, BGD, 1000
Emerald Oil Industries Ltd engages in producing of rice bran oil by processing rice bran collected from local auto rice mills. The company markets its product in its own brand name Spondon Rice Bran Oil. The company offers rice bran oil for use in preparing fried foods, snacks, margarine, salad dressings, baking goods, soaps, and skin creams. The firm also produces various by-products, including De-Oil Rice Bran, Fatty Acid, Wax, Gum and Spent Earth.
30GF Score

Get the complete analysis for DHA:EMERALDOIL

Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BDT28.00
Price