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Ecologix Resource Group (Ecologix Resource Group) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Sep. 2010)


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What is Ecologix Resource Group Earnings Yield (Joel Greenblatt) %?

Ecologix Resource Group's Enterprise Value for the quarter that ended in Sep. 2010 was $6.69 Mil. Ecologix Resource Group's EBIT for the trailing twelve months (TTM) ended in Sep. 2010 was $-2.86 Mil. Ecologix Resource Group's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2010 was 0.00%.

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

EXRG's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Forest Products industry.
Industry Median: 4.055
* 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) %. Ecologix Resource Group's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2010 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.


Ecologix Resource Group Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Ecologix Resource Group'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.

Ecologix Resource Group Earnings Yield (Joel Greenblatt) % Chart

Ecologix Resource Group Annual Data
Trend Dec07 Dec08 Dec09
Earnings Yield (Joel Greenblatt) %
- - -62.89

Ecologix Resource Group Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Ecologix Resource Group's Earnings Yield (Joel Greenblatt) %

For the Lumber & Wood Production subindustry, Ecologix Resource 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.


Ecologix Resource Group's Earnings Yield (Joel Greenblatt) % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Ecologix Resource Group's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Ecologix Resource 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.

Ecologix Resource Groups Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2009 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-3.339/5.313
=-62.85 %

Ecologix Resource Group's EBIT for the trailing twelve months (TTM) ended in Sep. 2010 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.86 Mil.



Ecologix Resource Group  (OTCPK:EXRG) 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.


Ecologix Resource Group Earnings Yield (Joel Greenblatt) % Related Terms

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Ecologix Resource Group (Ecologix Resource Group) Business Description

Traded in Other Exchanges
N/A
Address
9903 Santa Monica Boulevard, Suite 918, Beverly Hills, CA, USA, 90212
Website
Ecologix Resource Group Inc is a natural resource company engaged in the harvesting, and marketing of quality timber while pursuing the production of alternative energy solutions.

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