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Js Beauty Land Network Technology (Js Beauty Land Network Technology) Earnings Yield (Joel Greenblatt) % : -3.21% (As of Sep. 2021)


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What is Js Beauty Land Network Technology Earnings Yield (Joel Greenblatt) %?

Js Beauty Land Network Technology's Enterprise Value for the quarter that ended in Sep. 2021 was $12.60 Mil. Js Beauty Land Network Technology's EBIT for the trailing twelve months (TTM) ended in Sep. 2021 was $-0.40 Mil. Js Beauty Land Network Technology's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2021 was -3.21%.

The historical rank and industry rank for Js Beauty Land Network Technology's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

JSBL's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Retail - Cyclical industry.
Industry Median: 4.97
* 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) %. Js Beauty Land Network Technology's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2021 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.


Js Beauty Land Network Technology Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Js Beauty Land Network Technology'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.

Js Beauty Land Network Technology Earnings Yield (Joel Greenblatt) % Chart

Js Beauty Land Network Technology Annual Data
Trend Dec18 Dec19 Dec20
Earnings Yield (Joel Greenblatt) %
- -8.31 -3.03

Js Beauty Land Network Technology Quarterly Data
Sep18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.60 -3.03 -3.14 -3.99 -3.21

Competitive Comparison of Js Beauty Land Network Technology's Earnings Yield (Joel Greenblatt) %

For the Luxury Goods subindustry, Js Beauty Land Network Technology'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.


Js Beauty Land Network Technology's Earnings Yield (Joel Greenblatt) % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Js Beauty Land Network Technology's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Js Beauty Land Network Technology's Earnings Yield (Joel Greenblatt) % falls into.



Js Beauty Land Network Technology 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.

Js Beauty Land Network Technologys Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2020 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-0.341/11.264578
=-3.03 %

Js Beauty Land Network Technology's EBIT for the trailing twelve months (TTM) ended in Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.40 Mil.



Js Beauty Land Network Technology  (OTCPK:JSBL) 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.


Js Beauty Land Network Technology Earnings Yield (Joel Greenblatt) % Related Terms

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Js Beauty Land Network Technology (Js Beauty Land Network Technology) Business Description

Traded in Other Exchanges
N/A
Address
No. 99, Taihu Road, Jiangsu Province, Yancheng, CHN, 224600
Website
Js Beauty Land Network Technology Inc is engaged in the jewelry business. The firm is a Chinese retailer and wholesaler of jade stone-adorned jewelry and decoration.

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