FAME (Flamemaster) Earnings Yield (Joel Greenblatt) %: 14.90% (As of Mar. 2005)

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What is Flamemaster Earnings Yield (Joel Greenblatt) %?

Flamemaster FAME Earnings Yield (Joel Greenblatt) % is 14.90% as of Mar. 2005.

Flamemaster's Enterprise Value for the quarter that ended in Mar. 2005 was $5.96 Mil. Flamemaster's EBIT for the trailing twelve months (TTM) ended in Mar. 2005 was $0.81 Mil. Flamemaster's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2005 was 14.90%.

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

FAME's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Chemicals industry.
Industry Median: 3.69
* 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) %. Flamemaster's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2005 was 13.83%. 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.


Flamemaster  (OTCPK:FAME) 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.


Flamemaster Earnings Yield (Joel Greenblatt) % Related Terms


Flamemaster Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Flamemaster'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.

Flamemaster Earnings Yield (Joel Greenblatt) % Chart

Flamemaster Annual Data
Trend Sep95 Sep96 Sep97 Sep98 Sep99 Sep00 Sep01 Sep02 Sep03 Sep04
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.09 16.58 21.05 19.01 25.71

Flamemaster Quarterly Data
Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05
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 13.79 15.27 25.71 8.22 14.90

Flamemaster Earnings Yield (Joel Greenblatt) % Competitor Comparison

For the Specialty Chemicals subindustry, Flamemaster'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.


Flamemaster Earnings Yield (Joel Greenblatt) % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Flamemaster's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Flamemaster 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.

Flamemasters Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Sep. 2004 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=0.816/3.130085176
=26.07 %

Flamemaster's EBIT for the trailing twelve months (TTM) ended in Mar. 2005 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.81 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 14.90% mean?
Flamemaster (FAME) has a Earnings Yield (Joel Greenblatt) % of 14.90% as of Mar. 2005. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Flamemaster and its competitors.
Is Flamemaster's Earnings Yield (Joel Greenblatt) % too high?
Flamemaster's current Earnings Yield (Joel Greenblatt) % is 14.90%. The Chemicals industry median Earnings Yield (Joel Greenblatt) % is 3.69. Flamemaster's value of 14.90% is 303.8% above this industry median.
How does Flamemaster's Earnings Yield (Joel Greenblatt) % compare to competitors?
Flamemaster's Earnings Yield (Joel Greenblatt) % of 14.90% can be compared against companies in the Chemicals industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.69. Flamemaster's value of 14.90% is 303.8% above 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 Chemicals company?
The median Earnings Yield (Joel Greenblatt) % among Chemicals companies is 3.69, based on 1,627 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. Flamemaster's current Earnings Yield (Joel Greenblatt) % of 14.90% is 303.8% above 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 Flamemaster and its competitors. For the Chemicals industry, the median Earnings Yield (Joel Greenblatt) % is 3.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flamemaster's current Earnings Yield (Joel Greenblatt) % is 14.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flamemaster stock overvalued right now?
Flamemaster (FAME) has a current Earnings Yield (Joel Greenblatt) % of 14.90%. The current Earnings Yield (Joel Greenblatt) % is 14.90% and 303.8% above the Chemicals industry median of 3.69. 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 Flamemaster (FAME), the current Earnings Yield (Joel Greenblatt) % is 14.90% as of Mar. 2005. 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.

Flamemaster Business Description

Address 13576 Desmond Street, Pacoima, CA, USA, 91331-2315
Flamemaster Corp manufactures sealants, adhesives, ablative and heat-resistant coatings and electrical cable fire retardant coatings. Its products include Sealants and Coatings.