GA eXpress (GA eXpress) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Jun. 2002)

GA eXpress Earnings Yield (Joel Greenblatt) % Chart

GA eXpress Annual Data
	Trend	Sep92	Sep93	Sep94	Sep95	Sep96	Sep97	Sep98	Sep99	Sep00	Sep01
Earnings Yield (Joel Greenblatt) %		Get a 7-Day Free Trial					-	-	5.53	-7.68	14.88

GA eXpress Quarterly Data
	Dec96	Mar97	Jun97	Sep97	Dec97	Mar98	Jun98	Sep98	Dec98	Sep99	Dec99	Mar00	Jun00	Sep00	Dec00	Mar01	Jun01	Sep01	Mar02	Jun02
Earnings Yield (Joel Greenblatt) %	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of GA eXpress's Earnings Yield (Joel Greenblatt) %

For the Software - Application subindustry, GA eXpress'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.

GA eXpress's Earnings Yield (Joel Greenblatt) % Distribution in the Software Industry

For the Software industry and Technology sector, GA eXpress's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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

GA eXpress 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.

GA eXpresss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Sep. 2001 is calculated as

GA eXpress's EBIT for the trailing twelve months (TTM) ended in Jun. 2002 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.32 Mil.

GA eXpress  (OTCPK:GAEX) 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.

GA eXpress Earnings Yield (Joel Greenblatt) % Related Terms

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GA eXpress (GA eXpress) Business Description