OPST (OPT Sciences) Earnings Yield (Joel Greenblatt) %: 151.52% (As of Jul. 2015)

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What is OPT Sciences Earnings Yield (Joel Greenblatt) %?

OPT Sciences OPST Earnings Yield (Joel Greenblatt) % is 151.52% as of Jul. 2015.

OPT Sciences's Enterprise Value for the quarter that ended in Jul. 2015 was $1.26 Mil. OPT Sciences's EBIT for the trailing twelve months (TTM) ended in Jul. 2015 was $2.01 Mil. OPT Sciences's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jul. 2015 was 151.52%.

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

OPST's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Aerospace & Defense industry.
Industry Median: 2.145
* 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) %. OPT Sciences's Forward Rate of Return (Yacktman) % for the quarter that ended in Jul. 2015 was 16.93%. 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.


OPT Sciences  (OTCPK:OPST) 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.


OPT Sciences Earnings Yield (Joel Greenblatt) % Related Terms


OPT Sciences Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for OPT Sciences'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.

OPT Sciences Earnings Yield (Joel Greenblatt) % Chart

OPT Sciences Annual Data
Trend Oct05 Oct06 Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Oct13 Oct14
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.09 666.67 78.13 67.11 68.97

OPT Sciences Quarterly Data
Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15
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 33.00 68.97 80.65 62.89 151.52

OPST vs SDEV, SIF, OPXS: Earnings Yield (Joel Greenblatt) % Comparison

For the Aerospace & Defense subindustry, OPT Sciences'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.


OPT Sciences Earnings Yield (Joel Greenblatt) % vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, OPT Sciences's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



OPT Sciences 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.

OPT Sciencess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Oct. 2014 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=1.244/1.737
=71.62 %

OPT Sciences's EBIT for the trailing twelve months (TTM) ended in Jul. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.01 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 151.52% mean?
OPT Sciences (OPST) has a Earnings Yield (Joel Greenblatt) % of 151.52% as of Jul. 2015. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on OPT Sciences and its competitors.
Is OPT Sciences' Earnings Yield (Joel Greenblatt) % too high?
OPT Sciences' current Earnings Yield (Joel Greenblatt) % is 151.52%. The Aerospace & Defense industry median Earnings Yield (Joel Greenblatt) % is 2.15. OPT Sciences' value of 151.52% is 6963.9% above this industry median.
How does OPT Sciences' Earnings Yield (Joel Greenblatt) % compare to SDEV and SIF?
OPT Sciences' Earnings Yield (Joel Greenblatt) % of 151.52% can be compared against companies in the Aerospace & Defense industry. The industry median Earnings Yield (Joel Greenblatt) % is 2.15. OPT Sciences' value of 151.52% is 6963.9% above 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 an Aerospace & Defense company?
The median Earnings Yield (Joel Greenblatt) % among Aerospace & Defense companies is 2.15, based on 362 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. OPT Sciences's current Earnings Yield (Joel Greenblatt) % of 151.52% is 6963.9% above 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 OPT Sciences and its competitors. For the Aerospace & Defense industry, the median Earnings Yield (Joel Greenblatt) % is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OPT Sciences's current Earnings Yield (Joel Greenblatt) % is 151.52%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OPT Sciences stock overvalued right now?
OPT Sciences (OPST) has a current Earnings Yield (Joel Greenblatt) % of 151.52%. The current Earnings Yield (Joel Greenblatt) % is 151.52% and 6963.9% above the Aerospace & Defense industry median of 2.15. 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 OPT Sciences (OPST), the current Earnings Yield (Joel Greenblatt) % is 151.52% as of Jul. 2015. 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.

OPT Sciences Business Description

Address 1912 Bannard Street, Cinnaminson, NJ, USA, 08077
OPT Sciences Corp through its operating subsidiary O & S Research, manufactures precision optical components for the Aerospace Industry. It provides anti-glare optical coatings, panels for liquid crystal displays ("LCD"), LCD glass heaters, and electromagnetic interference shielding glass. In addition, it also offers glass cutting, grinding, and painting services. Geographically, the activities are performed in the United States and it derives revenue from product sales when products are shipped to customers.