RKFL (RocketFuel Blockchain) Earnings Yield (Joel Greenblatt) %: -52.91% (As of Jun. 2023)

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What is RocketFuel Blockchain Earnings Yield (Joel Greenblatt) %?

RocketFuel Blockchain RKFL +450.00% Earnings Yield (Joel Greenblatt) % is -52.91% as of Jun. 2023.

RocketFuel Blockchain's Enterprise Value for the quarter that ended in Jun. 2023 was $6.78 Mil. RocketFuel Blockchain's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was $-3.59 Mil. RocketFuel Blockchain's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2023 was -52.91%.

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

RKFL' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -10000   Med: 0   Max: 0
Current: -10000

RKFL's Earnings Yield (Joel Greenblatt) % is not ranked
in the Software industry.
Industry Median: 1.92 vs RKFL: -10000.00

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) %. RocketFuel Blockchain's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 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.


RocketFuel Blockchain  (OTCPK:RKFL) 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.


RocketFuel Blockchain Earnings Yield (Joel Greenblatt) % Related Terms


RocketFuel Blockchain Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for RocketFuel Blockchain'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.

RocketFuel Blockchain Earnings Yield (Joel Greenblatt) % Chart

RocketFuel Blockchain Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Mar19 Mar20 Mar21 Mar22 Mar23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.17 -0.18 -7.51 -66.67 -153.85

RocketFuel Blockchain Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 -178.57 -123.46 -119.05 -153.85 -52.91

RKFL vs FFZY, ATDS, VISM: Earnings Yield (Joel Greenblatt) % Comparison

For the Software - Infrastructure subindustry, RocketFuel Blockchain'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.


RocketFuel Blockchain Earnings Yield (Joel Greenblatt) % vs Software Industry

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

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



RocketFuel Blockchain 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.

RocketFuel Blockchains Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-3.776/2.44916
=-154.18 %

RocketFuel Blockchain's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.59 Mil.


What does a Earnings Yield (Joel Greenblatt) % of -52.91% mean?
RocketFuel Blockchain (RKFL) has a Earnings Yield (Joel Greenblatt) % of -52.91% as of Jun. 2023. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on RocketFuel Blockchain and its competitors.
Is RocketFuel Blockchain's Earnings Yield (Joel Greenblatt) % too high?
RocketFuel Blockchain's current Earnings Yield (Joel Greenblatt) % is -52.91%.
How does RocketFuel Blockchain's Earnings Yield (Joel Greenblatt) % compare to FFZY and ATDS?
RocketFuel Blockchain's Earnings Yield (Joel Greenblatt) % of -52.91% can be compared against companies in the Software industry. The industry median Earnings Yield (Joel Greenblatt) % is 1.92. 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 Software company?
The median Earnings Yield (Joel Greenblatt) % among Software companies is 1.92, based on 2,905 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 RocketFuel Blockchain and its competitors. For the Software industry, the median Earnings Yield (Joel Greenblatt) % is 1.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RocketFuel Blockchain's current Earnings Yield (Joel Greenblatt) % is -52.91%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RocketFuel Blockchain stock overvalued right now?
RocketFuel Blockchain (RKFL) has a current Earnings Yield (Joel Greenblatt) % of -52.91%. The current Earnings Yield (Joel Greenblatt) % is -52.91%. 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 RocketFuel Blockchain (RKFL), the current Earnings Yield (Joel Greenblatt) % is -52.91% as of Jun. 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.

RocketFuel Blockchain Business Description

Address 201 Spear Street, Suite 1100, San Francisco, CA, USA, 94105
RocketFuel Blockchain Inc is a development-stage company that is in the process of developing check-out systems based upon blockchain technology and designed to increase speed, security, and ease of use. The company's blockchain-based check-out solution is being designed to include a single-click functionality to invoke payment conveyance with integrated consumer shipping address data. The provide payment solutions to businesses enabling them to make and receive payments with cryptocurrencies and via bank transfers, including ACH.