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Sense Technologies (Sense Technologies) Earnings Yield (Joel Greenblatt) % : -5.80% (As of Nov. 2016)


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What is Sense Technologies Earnings Yield (Joel Greenblatt) %?

Sense Technologies's Enterprise Value for the quarter that ended in Nov. 2016 was $17.57 Mil. Sense Technologies's EBIT for the trailing twelve months (TTM) ended in Nov. 2016 was $-1.02 Mil. Sense Technologies's Earnings Yield (Joel Greenblatt) for the quarter that ended in Nov. 2016 was -5.80%.

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

SNSGF's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Vehicles & Parts industry.
Industry Median: 6.06
* 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) %. Sense Technologies'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 seven 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.


Sense Technologies Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Sense Technologies'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.

Sense Technologies Earnings Yield (Joel Greenblatt) % Chart

Sense Technologies Annual Data
Trend Feb07 Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.80 -8.45 -12.90 -16.26 -8.02

Sense Technologies Quarterly Data
Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16
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 -4.89 -8.02 -7.39 -10.13 -5.80

Competitive Comparison of Sense Technologies's Earnings Yield (Joel Greenblatt) %

For the Auto Parts subindustry, Sense Technologies'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.


Sense Technologies's Earnings Yield (Joel Greenblatt) % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sense Technologies's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Sense Technologies 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.

Sense Technologiess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Feb. 2016 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-0.386/4.813155
=-8.02 %

Sense Technologies's EBIT for the trailing twelve months (TTM) ended in Nov. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.02 Mil.



Sense Technologies  (OTCPK:SNSGF) 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.


Sense Technologies Earnings Yield (Joel Greenblatt) % Related Terms

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Sense Technologies (Sense Technologies) Business Description

Traded in Other Exchanges
N/A
Address
2535 North Carleton Avenue, Grand Island, NE, USA, 68803
Sense Technologies Inc. is a developer and marketer of driver aids for the automotive industry. The Company holds a non-exclusive license to manufacture, distribute, market and sell the ScopeOut product, a system of specially designed mirrors which are placed at specific points on automobiles, trucks, sport utility vehicles or commercial vehicles to offer drivers a more complete view behind the vehicle.

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