What is Nutrastar International Earnings Yield (Joel Greenblatt) %?
Nutrastar International's Enterprise Value for the quarter that ended in Sep. 2015 was $-127.45 Mil.
Nutrastar International's EBIT for the trailing twelve months (TTM) ended in Sep. 2015 was $30.76 Mil. Nutrastar International's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2015 was -24.15%.
The historical rank and industry rank for Nutrastar International's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
NUIN's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Drug Manufacturers industry.
Industry Median: 2.36 * 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) %. Nutrastar International's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2015 was 60.49%. 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.
Nutrastar International Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Nutrastar International'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.
Nutrastar International Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of Nutrastar International's Earnings Yield (Joel Greenblatt) %
For the Drug Manufacturers - General subindustry, Nutrastar International'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.
Nutrastar International's Earnings Yield (Joel Greenblatt) % Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Nutrastar International's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Nutrastar International's Earnings Yield (Joel Greenblatt) % falls into.
Nutrastar International 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.
Nutrastar Internationals Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2014 is calculated as
Nutrastar International's EBIT for the trailing twelve months (TTM) ended in Sep. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $30.76 Mil.
Nutrastar International (GREY:NUIN) 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.
Nutrastar International Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Nutrastar International's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Nutrastar International (Nutrastar International) Business Description
Nutrastar International Inc produces and supplies traditional Chinese medicine consumer products. The business activity of the group is operated by Cordyceps Militaris, Beverages and Organic and specialty food products segments. The Cordyceps Militaris segment consists of the growing and sales of Cordyceps Militaris, which business is conducted through Daqing Shuaiyi. The beverages segment consists of the manufacturing of functional health beverages featuring the Cordyceps Militaris as a core ingredient. The organic and specialty food products segment consists of the sales of rice, flour, silage corn and other agricultural products. In addition, it is also a wholesale distributor of organic and specialty food. All the operations are carried out in China.
Nutrastar International (Nutrastar International) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NUIN has been successfully added to your 