GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Global Ecology Corp (OTCPK:GLEC) » Definitions » Earnings Yield (Joel Greenblatt) %

Global Ecology (Global Ecology) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Sep. 2013)


View and export this data going back to . Start your Free Trial

What is Global Ecology Earnings Yield (Joel Greenblatt) %?

Global Ecology's Enterprise Value for the quarter that ended in Sep. 2013 was $8.06 Mil. Global Ecology's EBIT for the trailing twelve months (TTM) ended in Sep. 2013 was $-0.65 Mil. Global Ecology's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2013 was 0.00%.

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

GLEC's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Industrial Products industry.
Industry Median: 4.21
* 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) %. Global Ecology's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2013 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.


Global Ecology Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Global Ecology'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.

Global Ecology Earnings Yield (Joel Greenblatt) % Chart

Global Ecology Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial -53.76 -9.63 -5.94 -14.73 -25.13

Global Ecology Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 - -25.13 - - -

Competitive Comparison of Global Ecology's Earnings Yield (Joel Greenblatt) %

For the Pollution & Treatment Controls subindustry, Global Ecology'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.


Global Ecology's Earnings Yield (Joel Greenblatt) % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Global Ecology's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Global Ecology 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.

Global Ecologys Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2012 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-0.74/3.946652
=-18.75 %

Global Ecology's EBIT for the trailing twelve months (TTM) ended in Sep. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.65 Mil.



Global Ecology  (OTCPK:GLEC) 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.


Global Ecology Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Global Ecology's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Global Ecology (Global Ecology) Business Description

Traded in Other Exchanges
N/A
Address
96 Park Street, Montclair, NJ, USA, 07042
Global Ecology Corp is engaged in the development, production and marketing of advanced waste remediation technologies that address universal environmental issues.These issues include organic soil revitalization, reduction of greenhouse gas emissions, solid waste remediation and point-of-use water purification solutions.

Global Ecology (Global Ecology) Headlines

No Headlines