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SKKY (Skkynet Cloud Systems) Earnings Yield (Joel Greenblatt) % : 0.54% (As of Jan. 2025)


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What is Skkynet Cloud Systems Earnings Yield (Joel Greenblatt) %?

Skkynet Cloud Systems's Enterprise Value for the quarter that ended in Jan. 2025 was $40.14 Mil. Skkynet Cloud Systems's EBIT for the trailing twelve months (TTM) ended in Jan. 2025 was $0.22 Mil. Skkynet Cloud Systems's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jan. 2025 was 0.54%.

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

SKKY' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -8.21   Med: -1.93   Max: 0.61
Current: 0.44

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Skkynet Cloud Systems was 0.61%. The lowest was -8.21%. And the median was -1.93%.

SKKY's Earnings Yield (Joel Greenblatt) % is ranked worse than
56.98% of 2845 companies
in the Software industry
Industry Median: 1.49 vs SKKY: 0.44

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) %. Skkynet Cloud Systems's Forward Rate of Return (Yacktman) % for the quarter that ended in Jan. 2025 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.


Skkynet Cloud Systems Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Skkynet Cloud Systems'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.

Skkynet Cloud Systems Earnings Yield (Joel Greenblatt) % Chart

Skkynet Cloud Systems Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.30 -0.50 -0.67 -0.75 0.23

Skkynet Cloud Systems Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 0.36 -0.20 0.05 0.23 0.54

Competitive Comparison of Skkynet Cloud Systems's Earnings Yield (Joel Greenblatt) %

For the Software - Infrastructure subindustry, Skkynet Cloud Systems'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.


Skkynet Cloud Systems's Earnings Yield (Joel Greenblatt) % Distribution in the Software Industry

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

* The bar in red indicates where Skkynet Cloud Systems's Earnings Yield (Joel Greenblatt) % falls into.


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Skkynet Cloud Systems 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.

Skkynet Cloud Systemss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Oct. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=0.059/25.83064896
=0.23 %

Skkynet Cloud Systems's EBIT for the trailing twelve months (TTM) ended in Jan. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.22 Mil.



Skkynet Cloud Systems  (OTCPK:SKKY) 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.


Skkynet Cloud Systems Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Skkynet Cloud Systems's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Skkynet Cloud Systems Business Description

Industry
Traded in Other Exchanges
N/A
Address
2233 Argentina Road, Suite 302, Mississauga, ON, CAN, L5N 2X7
Skkynet Cloud Systems Inc is an industrial middleware vendor company. Skkynet operates its business through its wholly owned subsidiaries Cogent Real-Time Systems, Inc. (Cogent), Skkynet, Inc. (Skkynet (USA), Skkynet Corp. (Skkynet (Canada)). Skkynet was established to enhance Cogent's existing business lines through the integration of cloud-based systems (Cloud), and to deliver a Software-as-a-Service (SaaS) product targeting the Industrial Internet of Things (IoT) market, often referred to by the term Industry 4.0. The business serves North America, Europe, Asia Pacific, South America and other regions.
Executives
Andrew S Thomas director, 10 percent owner, officer: Chief Executive Officer 2233 ARGENTIA ROAD, SUITE 302, MISSISSAUGA A6 L5N 2X7
Paul Benford director, 10 percent owner, officer: Chief Operating Officer 2233 ARGENTIA ROAD, SUITE 302, MISSISSAUGA A6 L5N 2X7
Lowell Thomas Holden officer: Chief Financial Officer 631 US HWY 1, SUITE 407, NORTH PALM BEACH FL 33408
Paul E Thomas director, 10 percent owner, officer: President 2233 ARGENTIA ROAD, SUITE 302, MISSISSAUGA A6 L5N 2X7
Xavier Eric Mesrobian officer: VP Sales and Marketing 2233 ARGENTIA ROAD, SUITE 302, MISSISSAUGA A6 L5N 2X7
John X Adiletta director 51 BOULDERWOOD DRIVE, BERNARDSVILLE NJ 07924
Kenneth W. Jennings director 2233 ARGENTIA ROAD, SUITE 302, MISSISSAUGA A6 L5N 2X7
Norman Evans director 5650 TOMKEN RD., UNIT 16, MISSISSAUGA A6 L4W 4P1
Michael R Thomas other: Advisor 2233 ARGENTIA ROAD, SUITE 306, MISSISSAUGA A6 L5N 2X7

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