GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Billing Services Group Ltd (LSE:BILL) » Definitions » Earnings Yield (Joel Greenblatt) %

Billing Services Group (LSE:BILL) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Jun. 2019)


View and export this data going back to 2005. Start your Free Trial

What is Billing Services Group Earnings Yield (Joel Greenblatt) %?

Billing Services Group's Enterprise Value for the quarter that ended in Jun. 2019 was £-1.81 Mil. Billing Services Group's EBIT for the trailing twelve months (TTM) ended in Jun. 2019 was £-6.99 Mil. Billing Services Group's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2019 was 0.00%.

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

LSE:BILL' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 134.8   Med: 192.4   Max: 1316
Current: 163.93

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Billing Services Group was 1316.00%. The lowest was 134.80%. And the median was 192.40%.

LSE:BILL's Earnings Yield (Joel Greenblatt) % is not ranked
in the Business Services industry.
Industry Median: 5.63 vs LSE:BILL: 163.93

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) %. Billing Services Group's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2019 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.


Billing Services Group Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Billing Services Group'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.

Billing Services Group Earnings Yield (Joel Greenblatt) % Chart

Billing Services Group Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.25 66.23 -1,666.67 192.31 192.31

Billing Services Group Semi-Annual Data
Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19
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 - - - 192.31 -

Competitive Comparison of Billing Services Group's Earnings Yield (Joel Greenblatt) %

For the Specialty Business Services subindustry, Billing Services Group'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.


Billing Services Group's Earnings Yield (Joel Greenblatt) % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Billing Services Group's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Billing Services Group's Earnings Yield (Joel Greenblatt) % falls into.



Billing Services Group 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.

Billing Services Groups Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2018 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-7.426/-3.85962
=192.40 %

For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.



Billing Services Group  (LSE:BILL) 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.


Billing Services Group Earnings Yield (Joel Greenblatt) % Related Terms

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


Billing Services Group (LSE:BILL) Business Description

Traded in Other Exchanges
N/A
Address
22 Victoria Street, Canon’s Court, Hamilton, BMU, HM 12
Billing Services Group Ltd is focused on payment solutions. The company offers a powerful suite of financial clearinghouse services for merchants, online stores, and telecommunications companies. Its services include local exchange carrier (LEC) phone clearing, billing and settlement solutions, toll clearing services, a Wi-Fi wholesale settlement solution, and VoiceLog Third Party Verification. The company generates a majority of revenue from LEC billing. Its geographical segment includes North America and Europe, the Middle East and Africa. The company derives the maximum revenue from North America.