SLDC (Solidus Communications) Earnings Yield (Joel Greenblatt) %: 59.17% (As of Nov. 2016)

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What is Solidus Communications Earnings Yield (Joel Greenblatt) %?

Solidus Communications SLDC Earnings Yield (Joel Greenblatt) % is 59.17% as of Nov. 2016.

Solidus Communications's Enterprise Value for the quarter that ended in Nov. 2016 was $2.85 Mil. Solidus Communications's EBIT for the trailing twelve months (TTM) ended in Nov. 2016 was $1.68 Mil. Solidus Communications's Earnings Yield (Joel Greenblatt) for the quarter that ended in Nov. 2016 was 59.17%.

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

SLDC' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 416.67
Current: 312.5

During the past 10 years, the highest Earnings Yield (Joel Greenblatt) of Solidus Communications was 416.67%. The lowest was 0.00%. And the median was 0.00%.

SLDC's Earnings Yield (Joel Greenblatt) % is not ranked
in the Telecommunication Services industry.
Industry Median: 5.62 vs SLDC: 312.50

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) %. Solidus Communications's Forward Rate of Return (Yacktman) % for the quarter that ended in Nov. 2016 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.


Solidus Communications  (OTCPK:SLDC) 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.


Solidus Communications Earnings Yield (Joel Greenblatt) % Related Terms


Solidus Communications Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Solidus Communications'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.

Solidus Communications Earnings Yield (Joel Greenblatt) % Chart

Solidus Communications Annual Data
Trend Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -120.48 -111.11 -2.21 21.69 59.17

Solidus Communications Semi-Annual Data
Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only -120.48 -111.11 -2.21 21.69 59.17

SLDC vs HMMR, DTGI, TMUS: Earnings Yield (Joel Greenblatt) % Comparison

For the Telecom Services subindustry, Solidus Communications'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.


Solidus Communications Earnings Yield (Joel Greenblatt) % vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Solidus Communications's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Solidus Communications 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.

Solidus Communicationss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Nov. 2016 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=1.682/2.84979
=59.02 %

For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.


What does a Earnings Yield (Joel Greenblatt) % of 59.17% mean?
Solidus Communications (SLDC) has a Earnings Yield (Joel Greenblatt) % of 59.17% as of Nov. 2016. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Solidus Communications and its competitors.
Is Solidus Communications' Earnings Yield (Joel Greenblatt) % too high?
Solidus Communications' current Earnings Yield (Joel Greenblatt) % is 59.17%. The Telecommunication Services industry median Earnings Yield (Joel Greenblatt) % is 5.62. Solidus Communications' value of 59.17% is 952.8% above this industry median.
How does Solidus Communications' Earnings Yield (Joel Greenblatt) % compare to HMMR and DTGI?
Solidus Communications' Earnings Yield (Joel Greenblatt) % of 59.17% can be compared against companies in the Telecommunication Services industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.62. Solidus Communications' value of 59.17% is 952.8% above this benchmark. 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 Telecommunication Services company?
The median Earnings Yield (Joel Greenblatt) % among Telecommunication Services companies is 5.62, based on 371 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. Solidus Communications's current Earnings Yield (Joel Greenblatt) % of 59.17% is 952.8% above the industry median. 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 Solidus Communications and its competitors. For the Telecommunication Services industry, the median Earnings Yield (Joel Greenblatt) % is 5.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solidus Communications's current Earnings Yield (Joel Greenblatt) % is 59.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solidus Communications stock overvalued right now?
Solidus Communications (SLDC) has a current Earnings Yield (Joel Greenblatt) % of 59.17%. The current Earnings Yield (Joel Greenblatt) % is 59.17% and 952.8% above the Telecommunication Services industry median of 5.62. 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 Solidus Communications (SLDC), the current Earnings Yield (Joel Greenblatt) % is 59.17% as of Nov. 2016. 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.

Solidus Communications Business Description

Address 260 Williamson Boulevard, Unit 731544, Ormond Beach, FL, USA, 32174
Solidus Communications Inc provides Voice over IP, wired and fixed wireless Internet service to home owner communities, and also provides hosting and software design services. The company along with its subsidiaries provides various integrated products and services under the Wireless Florida, WiFIBER, Advanced Satellite Systems, and Air2Land brands to business and residential customers in the United States and internationally. It operates in two segments; Business and Residential. The Company has two subsidiary, Advanced Satellite Systems, Inc., and Illumivation Labs, Inc.