JOEY (Joey New York) Earnings Yield (Joel Greenblatt) %: 0.17% (As of May. 2017)

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What is Joey New York Earnings Yield (Joel Greenblatt) %?

Joey New York JOEY Earnings Yield (Joel Greenblatt) % is 0.17% as of May. 2017.

Joey New York's Enterprise Value for the quarter that ended in May. 2017 was $31.51 Mil. Joey New York's EBIT for the trailing twelve months (TTM) ended in May. 2017 was $-1.16 Mil. Joey New York's Earnings Yield (Joel Greenblatt) for the quarter that ended in May. 2017 was 0.17%.

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

JOEY's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 6.065
* 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) %. Joey New York's Forward Rate of Return (Yacktman) % for the quarter that ended in May. 2017 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.


Joey New York  (OTCPK:JOEY) 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.


Joey New York Earnings Yield (Joel Greenblatt) % Related Terms


Joey New York Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Joey New York'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.

Joey New York Earnings Yield (Joel Greenblatt) % Chart

Joey New York Annual Data
Trend Feb12 Feb13 Feb14 Feb15 Feb16 Feb17
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial 0.00 -0.03 -1.78 -3.53 1.40

Joey New York Quarterly Data
Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17
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 -3.79 -0.16 -0.58 1.40 0.17

JOEY vs DEVV, SKVI, TISUQ: Earnings Yield (Joel Greenblatt) % Comparison

For the Household & Personal Products subindustry, Joey New York'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.


Joey New York Earnings Yield (Joel Greenblatt) % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Joey New York's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Joey New York's Earnings Yield (Joel Greenblatt) % falls into.



Joey New York 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.

Joey New Yorks Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Feb. 2017 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-0.693/45.0395
=-1.54 %

Joey New York's EBIT for the trailing twelve months (TTM) ended in May. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.16 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 0.17% mean?
Joey New York (JOEY) has a Earnings Yield (Joel Greenblatt) % of 0.17% as of May. 2017. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Joey New York and its competitors.
Is Joey New York's Earnings Yield (Joel Greenblatt) % too high?
Joey New York's current Earnings Yield (Joel Greenblatt) % is 0.17%. The Consumer Packaged Goods industry median Earnings Yield (Joel Greenblatt) % is 6.07. Joey New York's value of 0.17% is 97.2% below this industry median.
How does Joey New York's Earnings Yield (Joel Greenblatt) % compare to DEVV and SKVI?
Joey New York's Earnings Yield (Joel Greenblatt) % of 0.17% can be compared against companies in the Consumer Packaged Goods industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.07. Joey New York's value of 0.17% is 97.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a Consumer Packaged Goods company?
The median Earnings Yield (Joel Greenblatt) % among Consumer Packaged Goods companies is 6.07, based on 2,032 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Joey New York's current Earnings Yield (Joel Greenblatt) % of 0.17% is 97.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Joey New York and its competitors. For the Consumer Packaged Goods industry, the median Earnings Yield (Joel Greenblatt) % is 6.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Joey New York's current Earnings Yield (Joel Greenblatt) % is 0.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Joey New York stock overvalued right now?
Joey New York (JOEY) has a current Earnings Yield (Joel Greenblatt) % of 0.17%. The current Earnings Yield (Joel Greenblatt) % is 0.17% and 97.2% below the Consumer Packaged Goods industry median of 6.07. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Joey New York (JOEY), the current Earnings Yield (Joel Greenblatt) % is 0.17% as of May. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Joey New York Business Description

Address 16001 Collins Avenue Number 3202, Trump Tower I, Sunny Isles Beach, FL, USA, 33160
Joey New York Inc through its wholly-owned subsidiary distributes natural skincare and beauty products on wholesale and retail levels. It offers skincare treatments and beauty enhancements that are health conscious, effective and affordable under the Joey New York brand name. Geographically, it operates through the United States and its business is amplifying internationally due to the Increasing demand for organic and natural cosmetic products.