OWCP (OWC Pharmaceutical Research) Earnings Yield (Joel Greenblatt) %: -909.09% (As of Sep. 2019)

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What is OWC Pharmaceutical Research Earnings Yield (Joel Greenblatt) %?

OWC Pharmaceutical Research OWCP -90.00% Earnings Yield (Joel Greenblatt) % is -909.09% as of Sep. 2019.

OWC Pharmaceutical Research's Enterprise Value for the quarter that ended in Sep. 2019 was $1.10 Mil. OWC Pharmaceutical Research's EBIT for the trailing twelve months (TTM) ended in Sep. 2019 was $-9.73 Mil. OWC Pharmaceutical Research's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2019 was -909.09%.

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

OWCP's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Drug Manufacturers industry.
Industry Median: 3.115
* 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) %. OWC Pharmaceutical Research's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2019 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.


OWC Pharmaceutical Research  (OTCPK:OWCP) 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.


OWC Pharmaceutical Research Earnings Yield (Joel Greenblatt) % Related Terms


OWC Pharmaceutical Research Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for OWC Pharmaceutical Research'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.

OWC Pharmaceutical Research Earnings Yield (Joel Greenblatt) % Chart

OWC Pharmaceutical Research Annual Data
Trend Dec08 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only -37.74 -79.37 -8.77 -6.95 -88.50

OWC Pharmaceutical Research Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 -19.53 -88.50 -400.00 -384.62 -909.09

OWCP vs PARNF, CANB, CXUS: Earnings Yield (Joel Greenblatt) % Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, OWC Pharmaceutical Research'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.


OWC Pharmaceutical Research Earnings Yield (Joel Greenblatt) % vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, OWC Pharmaceutical Research's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where OWC Pharmaceutical Research's Earnings Yield (Joel Greenblatt) % falls into.



OWC Pharmaceutical Research 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.

OWC Pharmaceutical Researchs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2018 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-10.255/12.0824245
=-84.88 %

OWC Pharmaceutical Research's EBIT for the trailing twelve months (TTM) ended in Sep. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-9.73 Mil.


What does a Earnings Yield (Joel Greenblatt) % of -909.09% mean?
OWC Pharmaceutical Research (OWCP) has a Earnings Yield (Joel Greenblatt) % of -909.09% as of Sep. 2019. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on OWC Pharmaceutical Research and its competitors.
Is OWC Pharmaceutical Research's Earnings Yield (Joel Greenblatt) % too high?
OWC Pharmaceutical Research's current Earnings Yield (Joel Greenblatt) % is -909.09%.
How does OWC Pharmaceutical Research's Earnings Yield (Joel Greenblatt) % compare to PARNF and CANB?
OWC Pharmaceutical Research's Earnings Yield (Joel Greenblatt) % of -909.09% can be compared against companies in the Drug Manufacturers industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.12. 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 Drug Manufacturers company?
The median Earnings Yield (Joel Greenblatt) % among Drug Manufacturers companies is 3.12, based on 1,010 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. 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 OWC Pharmaceutical Research and its competitors. For the Drug Manufacturers industry, the median Earnings Yield (Joel Greenblatt) % is 3.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OWC Pharmaceutical Research's current Earnings Yield (Joel Greenblatt) % is -909.09%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OWC Pharmaceutical Research stock overvalued right now?
OWC Pharmaceutical Research (OWCP) has a current Earnings Yield (Joel Greenblatt) % of -909.09%. The current Earnings Yield (Joel Greenblatt) % is -909.09%. 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 OWC Pharmaceutical Research (OWCP), the current Earnings Yield (Joel Greenblatt) % is -909.09% as of Sep. 2019. 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.

OWC Pharmaceutical Research Business Description

Address 2 Ben Gurion Street, Ramat Gan, ISR, 4514760
OWC Pharmaceutical Research Corp is a medical cannabis research and development company. The firm through its subsidiary researches and develops cannabis-based products and treatments specifically designed for multiple myeloma, psoriasis, fibromyalgia, post-traumatic stress disorder (PTSD), migraine, sexual function and skin disorders. It also provides consulting services to governmental and private entities to assist them with developing and implementing tailor-made medical cannabis program.