SCPS (Scopus BioPharma) Earnings Yield (Joel Greenblatt) %: -1,111.11% (As of Jun. 2023)

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What is Scopus BioPharma Earnings Yield (Joel Greenblatt) %?

Scopus BioPharma SCPS Earnings Yield (Joel Greenblatt) % is -1,111.11% as of Jun. 2023.

Scopus BioPharma's Enterprise Value for the quarter that ended in Jun. 2023 was $0.86 Mil. Scopus BioPharma's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was $-9.34 Mil. Scopus BioPharma's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2023 was -1,111.11%.

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

SCPS's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Biotechnology industry.
Industry Median: -10.04
* 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) %. Scopus BioPharma'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.


Scopus BioPharma  (OTCPK:SCPS) 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.


Scopus BioPharma Earnings Yield (Joel Greenblatt) % Related Terms


Scopus BioPharma Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Scopus BioPharma'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.

Scopus BioPharma Earnings Yield (Joel Greenblatt) % Chart

Scopus BioPharma Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial 0.00 0.00 -4.68 -99.01 -833.33

Scopus BioPharma Quarterly Data
Jun18 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 -200.00 -344.83 -833.33 -5,000.00 -1,111.11

SCPS vs AMPE, DRMA, SPRC: Earnings Yield (Joel Greenblatt) % Comparison

For the Biotechnology subindustry, Scopus BioPharma'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.


Scopus BioPharma Earnings Yield (Joel Greenblatt) % vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Scopus BioPharma's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Scopus BioPharma 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.

Scopus BioPharmas Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2022 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-11.715/1.433665
=-817.14 %

Scopus BioPharma'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 $-9.34 Mil.


What does a Earnings Yield (Joel Greenblatt) % of -1,111.11% mean?
Scopus BioPharma (SCPS) has a Earnings Yield (Joel Greenblatt) % of -1,111.11% 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 Scopus BioPharma and its competitors.
Is Scopus BioPharma's Earnings Yield (Joel Greenblatt) % too high?
Scopus BioPharma's current Earnings Yield (Joel Greenblatt) % is -1,111.11%.
How does Scopus BioPharma's Earnings Yield (Joel Greenblatt) % compare to AMPE and DRMA?
Scopus BioPharma's Earnings Yield (Joel Greenblatt) % of -1,111.11% can be compared against companies in the Biotechnology industry. 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 Biotechnology company?
A good Earnings Yield (Joel Greenblatt) % depends on the Biotechnology industry context. 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 Scopus BioPharma and its competitors. Scopus BioPharma's current Earnings Yield (Joel Greenblatt) % is -1,111.11%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scopus BioPharma stock overvalued right now?
Scopus BioPharma (SCPS) has a current Earnings Yield (Joel Greenblatt) % of -1,111.11%. The current Earnings Yield (Joel Greenblatt) % is -1,111.11%. 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 Scopus BioPharma (SCPS), the current Earnings Yield (Joel Greenblatt) % is -1,111.11% 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.

Scopus BioPharma Business Description

Address 420 Lexington Avenue, Suite 300, New York, NY, USA, 10170
Scopus BioPharma Inc a biotechnology company focused on developing therapeutics targeting the endocannabinoid system. The endocannabinoid system is comprised of chemical compounds, or cannabinoids, that interact with cannabinoid receptors which are located throughout the body. Its product candidate comprises CO-sTiRNA, which is a STAT3 inhibitor gene therapy and MRI-1867.