What is Southern Waterborne Transport Earnings Yield (Joel Greenblatt) %?
Southern Waterborne Transport's Enterprise Value for the quarter that ended in . 20 was ₫0.00 Mil.
Southern Waterborne Transport does not have enough years/quarters to calculate its EBIT for the trailing twelve months (TTM) ended in . 20. Therefore, GuruFocus does not calculate Southern Waterborne Transport's Earnings Yield (Joel Greenblatt) at this moment.
The historical rank and industry rank for Southern Waterborne Transport's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
HSTC:SWC's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Transportation industry.
Industry Median: 7.315 * 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) %. Southern Waterborne Transport's Forward Rate of Return (Yacktman) % for the quarter that ended in . 20 was 0.00%. 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.
Southern Waterborne Transport Earnings Yield (Joel Greenblatt) % Historical Data
* 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.
Southern Waterborne Transport Earnings Yield (Joel Greenblatt) % Chart
For the Marine Shipping subindustry, Southern Waterborne Transport'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.
Southern Waterborne Transport's Earnings Yield (Joel Greenblatt) % Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Southern Waterborne Transport's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Southern Waterborne Transport's Earnings Yield (Joel Greenblatt) % falls into.
Southern Waterborne Transport 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.
Southern Waterborne Transports Earnings Yield (Joel Greenblatt) for the fiscal year that ended in . 20 is calculated as
Southern Waterborne Transport (HSTC:SWC) 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.
Southern Waterborne Transport Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Southern Waterborne Transport's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Southern Waterborne Transport Business Description
Southern Waterborne Transport Corp operates in the fields of Waterway Transport. The company has its business in waterborne transport, port operation, cargo handling, engineering and shipbuilding.
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