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International Dispensing (International Dispensing) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Sep. 2022)


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What is International Dispensing Earnings Yield (Joel Greenblatt) %?

International Dispensing's Enterprise Value for the quarter that ended in Sep. 2022 was $3.81 Mil. International Dispensing's EBIT for the trailing twelve months (TTM) ended in Sep. 2022 was $-0.30 Mil. International Dispensing's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2022 was 0.00%.

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

IDND's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Packaging & Containers industry.
Industry Median: 5.45
* 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) %. International Dispensing's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2022 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.


International Dispensing Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for International Dispensing'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.

International Dispensing Earnings Yield (Joel Greenblatt) % Chart

International Dispensing Annual Data
Trend Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial -28.41 -22.17 -30.30 -11.27 -15.43

International Dispensing Quarterly Data
Dec96 Dec97 Dec98 Mar99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Sep21 Sep22
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 - - - - -

Competitive Comparison of International Dispensing's Earnings Yield (Joel Greenblatt) %

For the Packaging & Containers subindustry, International Dispensing'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.


International Dispensing's Earnings Yield (Joel Greenblatt) % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, International Dispensing's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



International Dispensing 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.

International Dispensings Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2002 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-2.602/16.86514
=-15.43 %

International Dispensing's EBIT for the trailing twelve months (TTM) ended in Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.30 Mil.



International Dispensing  (OTCPK:IDND) 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.


International Dispensing Earnings Yield (Joel Greenblatt) % Related Terms

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International Dispensing (International Dispensing) Business Description

Traded in Other Exchanges
N/A
Address
170 Pulaski Street, Southampton, NY, USA, 11968
International Dispensing Corp is a packaging research and development company. It designs & manufactures proprietary packaging and dispensing solutions for the flowable food, beverage, medical, pharmaceutical and chemical industries. The company provides its products under the brand 'The Answer'.

International Dispensing (International Dispensing) Headlines

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