PQEFF (Petroteq Energy) Earnings Yield (Joel Greenblatt) %: -3.87% (As of May. 2022)

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What is Petroteq Energy Earnings Yield (Joel Greenblatt) %?

Petroteq Energy PQEFF -90.00% Earnings Yield (Joel Greenblatt) % is -3.87% as of May. 2022.

Petroteq Energy's Enterprise Value for the quarter that ended in May. 2022 was $218.73 Mil. Petroteq Energy's EBIT for the trailing twelve months (TTM) ended in May. 2022 was $-8.35 Mil. Petroteq Energy's Earnings Yield (Joel Greenblatt) for the quarter that ended in May. 2022 was -3.87%.

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

PQEFF's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Oil & Gas industry.
Industry Median: 5.255
* 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) %. Petroteq Energy's Forward Rate of Return (Yacktman) % for the quarter that ended in May. 2022 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.


Petroteq Energy  (OTCPK:PQEFF) 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.


Petroteq Energy Earnings Yield (Joel Greenblatt) % Related Terms


Petroteq Energy Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Petroteq Energy'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.

Petroteq Energy Earnings Yield (Joel Greenblatt) % Chart

Petroteq Energy Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -34.72 -15.63 -36.23 -27.40 -5.08

Petroteq Energy Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
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 -6.60 -5.08 -3.40 -5.02 -3.87

PQEFF vs MMEX, SPOWF, COP: Earnings Yield (Joel Greenblatt) % Comparison

For the Oil & Gas E&P subindustry, Petroteq Energy'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.


Petroteq Energy Earnings Yield (Joel Greenblatt) % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Petroteq Energy's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Petroteq Energy 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.

Petroteq Energys Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Aug. 2021 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-4.747/95.26528
=-4.98 %

Petroteq Energy's EBIT for the trailing twelve months (TTM) ended in May. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-8.35 Mil.


What does a Earnings Yield (Joel Greenblatt) % of -3.87% mean?
Petroteq Energy (PQEFF) has a Earnings Yield (Joel Greenblatt) % of -3.87% as of May. 2022. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Petroteq Energy and its competitors.
Is Petroteq Energy's Earnings Yield (Joel Greenblatt) % too high?
Petroteq Energy's current Earnings Yield (Joel Greenblatt) % is -3.87%.
How does Petroteq Energy's Earnings Yield (Joel Greenblatt) % compare to MMEX and SPOWF?
Petroteq Energy's Earnings Yield (Joel Greenblatt) % of -3.87% can be compared against companies in the Oil & Gas industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.26. 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 Oil & Gas company?
The median Earnings Yield (Joel Greenblatt) % among Oil & Gas companies is 5.26, based on 1,042 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 Petroteq Energy and its competitors. For the Oil & Gas industry, the median Earnings Yield (Joel Greenblatt) % is 5.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Petroteq Energy's current Earnings Yield (Joel Greenblatt) % is -3.87%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petroteq Energy stock overvalued right now?
Petroteq Energy (PQEFF) has a current Earnings Yield (Joel Greenblatt) % of -3.87%. The current Earnings Yield (Joel Greenblatt) % is -3.87%. 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 Petroteq Energy (PQEFF), the current Earnings Yield (Joel Greenblatt) % is -3.87% as of May. 2022. 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.

Petroteq Energy Business Description

Industry EnergyOil & Gas
Address 15315 W. Magnolia Boulevard, Suite 120, Sherman Oaks, CA, USA, 91403
Petroteq Energy Inc is a fully integrated oil and gas company focused on the development and implementation of new proprietary technology for oil extraction. The company operated in two reportable segments being Oil Extraction and Processing Operations and Mining Operations. It generates revenue from the sale of hydrocarbon.