Draganfly Investments (LSE:DRG) Earnings Yield (Joel Greenblatt) %: 0.00% (As of Oct. 2017)

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What is Draganfly Investments Earnings Yield (Joel Greenblatt) %?

Draganfly Investments LSE:DRG Earnings Yield (Joel Greenblatt) % is 0.00% as of Oct. 2017. The stock has 5 warning signs investors should review.

Draganfly Investments's Enterprise Value for the quarter that ended in Oct. 2017 was £1.41 Mil. Draganfly Investments's EBIT for the trailing twelve months (TTM) ended in Oct. 2017 was £-0.18 Mil. Draganfly Investments's Earnings Yield (Joel Greenblatt) for the quarter that ended in Oct. 2017 was 0.00%.

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

LSE:DRG' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -188.11   Med: 5.5   Max: 198.4
Current: -124.35

During the past 12 years, the highest Earnings Yield (Joel Greenblatt) of Draganfly Investments was 198.40%. The lowest was -188.11%. And the median was 5.50%.

LSE:DRG's Earnings Yield (Joel Greenblatt) % is not ranked
in the Asset Management industry.
Industry Median: 0 vs LSE:DRG: -124.35

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) %. Draganfly Investments's Forward Rate of Return (Yacktman) % for the quarter that ended in Oct. 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.


Draganfly Investments  (LSE:DRG) 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.


Draganfly Investments Earnings Yield (Joel Greenblatt) % Related Terms


Draganfly Investments Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Draganfly Investments'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.

Draganfly Investments Earnings Yield (Joel Greenblatt) % Chart

Draganfly Investments Annual Data
Trend Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.75 -25.38 -43.48 -26.88 -40.00

Draganfly Investments Semi-Annual Data
Oct09 Apr10 Oct10 Apr11 Oct11 Apr12 Oct12 Apr13 Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17
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 0.00 -26.88 0.00 -40.00 0.00

Draganfly Investments Earnings Yield (Joel Greenblatt) % Competitor Comparison

For the Asset Management subindustry, Draganfly Investments'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.


Draganfly Investments Earnings Yield (Joel Greenblatt) % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Draganfly Investments's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Draganfly Investments 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.

Draganfly Investmentss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Apr. 2017 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-0.088/0.6926
=-12.71 %

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.


What does a Earnings Yield (Joel Greenblatt) % of 0.00% mean?
Draganfly Investments (LSE:DRG) has a Earnings Yield (Joel Greenblatt) % of 0.00% as of Oct. 2017. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Draganfly Investments and its competitors.
Is Draganfly Investments' Earnings Yield (Joel Greenblatt) % too high?
Draganfly Investments' current Earnings Yield (Joel Greenblatt) % is 0.00%.
How does Draganfly Investments' Earnings Yield (Joel Greenblatt) % compare to competitors?
Draganfly Investments' Earnings Yield (Joel Greenblatt) % of 0.00% can be compared against companies in the Asset Management industry. 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 an Asset Management company?
A good Earnings Yield (Joel Greenblatt) % depends on the Asset Management industry context. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Draganfly Investments and its competitors. Draganfly Investments's current Earnings Yield (Joel Greenblatt) % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Draganfly Investments stock overvalued right now?
Draganfly Investments (LSE:DRG) has a current Earnings Yield (Joel Greenblatt) % of 0.00%. The current Earnings Yield (Joel Greenblatt) % is 0.00%. 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 Draganfly Investments (LSE:DRG), the current Earnings Yield (Joel Greenblatt) % is 0.00% as of Oct. 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.

Draganfly Investments Business Description

Draganfly Investments Ltd is a part of the financial services sector in the United Kingdom. The key activities of the company include investment trading and holding a small portfolio of investments. The company's objective is that the funding of investment assets is primarily met from shareholders' funds. Draganfly Investments focus on a wide range of economic sector for investment opportunities.