OGAA (Organic Agricultural Co) Earnings Yield (Joel Greenblatt) %: 4.35% (As of Dec. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Organic Agricultural Co Earnings Yield (Joel Greenblatt) %?

Organic Agricultural Co OGAA Earnings Yield (Joel Greenblatt) % is 4.35% as of Dec. 2023.

Organic Agricultural Co's Enterprise Value for the quarter that ended in Dec. 2023 was $1.81 Mil. Organic Agricultural Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $0.08 Mil. Organic Agricultural Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 4.35%.

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

OGAA's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 6.1
* 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) %. Organic Agricultural Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 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.


Organic Agricultural Co  (OTCPK:OGAA) 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.


Organic Agricultural Co Earnings Yield (Joel Greenblatt) % Related Terms


Organic Agricultural Co Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Organic Agricultural Co'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.

Organic Agricultural Co Earnings Yield (Joel Greenblatt) % Chart

Organic Agricultural Co Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial 0.00 0.00 -1.35 -10.02 -30.77

Organic Agricultural Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -20.12 -30.77 -14.35 -0.60 4.35

OGAA vs ADM, TSN, BG: Earnings Yield (Joel Greenblatt) % Comparison

For the Farm Products subindustry, Organic Agricultural Co'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.


Organic Agricultural Co Earnings Yield (Joel Greenblatt) % vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Organic Agricultural Co's Earnings Yield (Joel Greenblatt) % falls into.



Organic Agricultural Co 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.

Organic Agricultural Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-0.449/1.4600047
=-30.75 %

Organic Agricultural Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.08 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 4.35% mean?
Organic Agricultural Co (OGAA) has a Earnings Yield (Joel Greenblatt) % of 4.35% as of Dec. 2023. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Organic Agricultural Co and its competitors.
Is Organic Agricultural Co's Earnings Yield (Joel Greenblatt) % too high?
Organic Agricultural Co's current Earnings Yield (Joel Greenblatt) % is 4.35%. The Consumer Packaged Goods industry median Earnings Yield (Joel Greenblatt) % is 6.10. Organic Agricultural Co's value of 4.35% is 28.7% below this industry median.
How does Organic Agricultural Co's Earnings Yield (Joel Greenblatt) % compare to ADM and TSN?
Organic Agricultural Co's Earnings Yield (Joel Greenblatt) % of 4.35% can be compared against companies in the Consumer Packaged Goods industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.10. Organic Agricultural Co's value of 4.35% is 28.7% 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 6.10, based on 2,033 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. Organic Agricultural Co's current Earnings Yield (Joel Greenblatt) % of 4.35% is 28.7% 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 Organic Agricultural Co and its competitors. For the Consumer Packaged Goods industry, the median Earnings Yield (Joel Greenblatt) % is 6.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Organic Agricultural Co's current Earnings Yield (Joel Greenblatt) % is 4.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Organic Agricultural Co stock overvalued right now?
Organic Agricultural Co (OGAA) has a current Earnings Yield (Joel Greenblatt) % of 4.35%. The current Earnings Yield (Joel Greenblatt) % is 4.35% and 28.7% below the Consumer Packaged Goods industry median of 6.10. 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 Organic Agricultural Co (OGAA), the current Earnings Yield (Joel Greenblatt) % is 4.35% as of Dec. 2023. 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.

Organic Agricultural Co Business Description

Address High and New Technology Industrial Development District, Room G504 G506 G509 G510, Building No. 3, Kejichuangxincheng Chuangxinchuangye Plaza, Heilongjiang Province, Harbin, CHN, 150090
Organic Agricultural Co Ltd is engaged in manufacturing of agricultural products, rice, coarse cereals, and other related products. The Company sells paddy and selenium-enriched paddy products, rice and other agricultural products.