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Domark International (Domark International) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Feb. 2016)


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What is Domark International Earnings Yield (Joel Greenblatt) %?

Domark International's Enterprise Value for the quarter that ended in Feb. 2016 was $1.30 Mil. Domark International's EBIT for the trailing twelve months (TTM) ended in Feb. 2016 was $-2.31 Mil. Domark International's Earnings Yield (Joel Greenblatt) for the quarter that ended in Feb. 2016 was 0.00%.

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

DOMK's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Hardware industry.
Industry Median: 3.15
* 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) %. Domark International's Forward Rate of Return (Yacktman) % for the quarter that ended in Feb. 2016 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.


Domark International Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Domark International'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.

Domark International Earnings Yield (Joel Greenblatt) % Chart

Domark International Annual Data
Trend May06 May07 May08 May09 May10 May11 May12 May13 May14 May15
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.61 -3.00 -111.11 -200.00 -133.33

Domark International Quarterly Data
May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16
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 -135.14 -133.33 -333.33 -172.41 -

Competitive Comparison of Domark International's Earnings Yield (Joel Greenblatt) %

For the Communication Equipment subindustry, Domark International'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.


Domark International's Earnings Yield (Joel Greenblatt) % Distribution in the Hardware Industry

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

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



Domark International 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.

Domark Internationals Earnings Yield (Joel Greenblatt) for the fiscal year that ended in May. 2015 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-2.215/1.661354
=-133.32 %

Domark International's EBIT for the trailing twelve months (TTM) ended in Feb. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.31 Mil.



Domark International  (GREY:DOMK) 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.


Domark International Earnings Yield (Joel Greenblatt) % Related Terms

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Domark International (Domark International) Business Description

Industry
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Domark International Inc is a technology company. Through its subsidiary, it is engaged in providing smartphone, tablet, gaming and phone accessories to its customers. The company further works with inventors, manufacturers, distributors, and retailers to bring to market globally new smartphone and tablet accessories as well as online services that can significantly enhance the user experience of a device. Geographically the activities are generally carried out through the region of Canada and it derives revenue from the sale of accessories.

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