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Dot Hill Systems (Dot Hill Systems) Earnings Yield (Joel Greenblatt) % : 4.03% (As of Jun. 2015)


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What is Dot Hill Systems Earnings Yield (Joel Greenblatt) %?

Dot Hill Systems's Enterprise Value for the quarter that ended in Jun. 2015 was $331.8 Mil. Dot Hill Systems's EBIT for the trailing twelve months (TTM) ended in Jun. 2015 was $13.4 Mil. Dot Hill Systems's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2015 was 4.03%.

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

HILL's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Hardware industry.
Industry Median: 3.205
* 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) %. Dot Hill Systems's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2015 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.


Dot Hill Systems Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Dot Hill Systems'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.

Dot Hill Systems Earnings Yield (Joel Greenblatt) % Chart

Dot Hill Systems Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.35 -39.22 -55.87 3.50 3.67

Dot Hill Systems Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 1.49 0.97 3.67 4.54 4.03

Competitive Comparison of Dot Hill Systems's Earnings Yield (Joel Greenblatt) %

For the Computer Hardware subindustry, Dot Hill Systems'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.


Dot Hill Systems's Earnings Yield (Joel Greenblatt) % Distribution in the Hardware Industry

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

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



Dot Hill Systems 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.

Dot Hill Systemss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2014 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=8.303/226.14234
=3.67 %

Dot Hill Systems's EBIT for the trailing twelve months (TTM) ended in Jun. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $13.4 Mil.



Dot Hill Systems  (NAS:HILL) 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.


Dot Hill Systems Earnings Yield (Joel Greenblatt) % Related Terms

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


Dot Hill Systems (Dot Hill Systems) Business Description

Industry
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Address
Dot Hill Systems Corp was formed in 1999 by the combination of Box Hill Systems Corp., or Box Hill, and Artecon, Inc., or Artecon. It reincorporated in Delaware in 2001. It designs, manufactures and markets a range of software and hardware storage systems for the entry and mid-range storage markets. The Company sells its products through server-based original equipment manufacturers (OEMs), such as Hewlett-Packard, or HP, Dell Inc. or Dell, Lenovo Group Limited or Lenovo, Advanced Micro Devices, Inc. or AMD, and Stratus Technologies or Stratus; as well as into vertical markets through embedded solutions OEM's, such as Teradata Corporation or Teradata, CGG Veritas or CGG, Motorola, Inc. or Motorola, Tektronix Inc. or Tektronix, Samsung Electronics or Samsung, Concurrent Computer Corporation or Concurrent, Autodesk Inc. or Autodesk, Harris Broadcast Communications and Nokia Siemens Network or Nokia Siemens, which primarily include media and entertainment, telecommunications, high performance computing, digital image archive, big data and oil and gas. The Company's products, from small capacity direct attached to complete multi-hundred terabyte, or TB, storage area networks, or SANs, provide end-users with a cost-effective means of addressing increasing storage demands at compelling price-performance points. The Company's current product family based on its AssuredSAN architecture provides high performance and large disk array capacities for a broad variety of environments, employing Fibre Channel, Internet Small Computer Systems Interface, or iSCSI and Serial Attached SCSI, or SAS, interconnects to switches and/or hosts. In addition, its Assured family of data protection software products provides additional layers of data protection options to complement its line of storage disk arrays. The Company's current mainstream 2000 and 3000 series of entry-level storage products and Just a Bunch of Disks, or JBOD, arrays are targeted primarily at mainstream enterprise and small-to-medium business, or SMB, applications. The Company's AssuredSAN products have been distinguished by certification as Network Equipment Building System, or NEBS, Level 3 (a telecommunications standard for equipment used in central offices) and are MIL-STD-810F (a military standard created by the U.S.government) compliant based on their ruggedness and reliability. In February 2010, it launched the latest AssuredSAN 3000 series of storage arrays that provide high speed interface options including 8 gigabyte, or GB, Fibre Channel, 1GB and 10GB iSCSI over Ethernet and 6GB SAS connectivity. The Company's AssuredUVS product line, formerly known as the intelligent storage networking system, or iSN TM, is based on the technology it acquired in January 2010 from Cloverleaf Communications, Inc., or Cloverleaf, a privately held software company focused on heterogeneous storage virtualization and unified storage technologies. AssuredSnap is its DMS software that introduces p
Executives
Charles F Christ director
Barry Rudolph director 1351 S SUNSET STREET, LONGMONT CO 80501
Ernest J Sampias director 1600 BROADWAY, SUITE 2200, DENVER CO 80202
Dana Kammersgard director, officer: President & CEO 6305 EL CAMINO REAL, CARLSBAD CA 92009
Richard Jr Mejia director 2200 FARADAY AVENUE, SUITE 100, CARLSBAD CA 92008
Kimberly Alexy director 500 MCCARTHY BLVD., MILPITAS CA 95035
Philip Davis officer: Ex. VP WW Field Operations 6305 EL CAMINO REAL, CARLSBAD CA 92009
Chong Sup Park director 22071 DORSEY WAY, SARATOGA CA 95070

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