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Cybercom Group AB (OSTO:CYBE) Earnings Yield (Joel Greenblatt) % : 0.61% (As of Sep. 2015)


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What is Cybercom Group AB Earnings Yield (Joel Greenblatt) %?

Cybercom Group AB's Enterprise Value for the quarter that ended in Sep. 2015 was kr429 Mil. Cybercom Group AB's EBIT for the trailing twelve months (TTM) ended in Sep. 2015 was kr26 Mil. Cybercom Group AB's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2015 was 0.61%.

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

OSTO:CYBE' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.1   Med: 0.3   Max: 1.5
Current: 0.6

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Cybercom Group AB was 1.50%. The lowest was 0.10%. And the median was 0.30%.

OSTO:CYBE's Earnings Yield (Joel Greenblatt) % is not ranked
in the Software industry.
Industry Median: 1.53 vs OSTO:CYBE: 0.60

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) %. Cybercom Group AB's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2015 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.


Cybercom Group AB Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Cybercom Group AB'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.

Cybercom Group AB Earnings Yield (Joel Greenblatt) % Chart

Cybercom Group AB Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 -0.68 -0.04 0.19 0.20

Cybercom Group AB Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 0.20 0.20 1.52 1.13 0.61

Competitive Comparison of Cybercom Group AB's Earnings Yield (Joel Greenblatt) %

For the Information Technology Services subindustry, Cybercom Group AB'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.


Cybercom Group AB's Earnings Yield (Joel Greenblatt) % Distribution in the Software Industry

For the Software industry and Technology sector, Cybercom Group AB's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Cybercom Group AB 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.

Cybercom Group ABs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2014 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=65.769/557.11042
=11.81 %

Cybercom Group AB'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 kr26 Mil.



Cybercom Group AB  (OSTO:CYBE) 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.


Cybercom Group AB Earnings Yield (Joel Greenblatt) % Related Terms

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Cybercom Group AB Business Description

Industry
Traded in Other Exchanges
N/A
Address
Cybercom Group AB is an information technology security consultancy firm. The company manages portals and provides electronic services to its customers. It offers a range of services available via mobile phone. The company also provides security, embedded systems, and telecom management. The company's portal services extend to web sites, extranets, intranets, communities, and mobile solutions. It analyzes a company's purpose, competition, target groups, services, and technical requirements before redesigning its portal. The company provides software solutions for media and electronic business. It maintains customer's portals and networks. Its mobile offerings are solutions for application, portal, payment, device management, internet advisory, use experience, and software office. For applications, it provides framework that provides development of mobile clients and support systems. The mobile portal solution creates a mobile equivalent of a customer's web site. The payment solutions include several payment services and methods. The device management offering facilitates distribution of content and firmware over the internet and over the air. The internet advisory services include consultation and support implementation of mobile strategies. It also provides extensive security offerings for a company intranet, portal, and networks. These products include identity and access management, IT forensics, and security verification. The company also handles physical hardware and computers.