SPOI (SPO Networks) Earnings Yield (Joel Greenblatt) %: 0.00% (As of May. 2006)

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What is SPO Networks Earnings Yield (Joel Greenblatt) %?

SPO Networks SPOI -99.67% Earnings Yield (Joel Greenblatt) % is 0.00% as of May. 2006.

SPO Networks's Enterprise Value for the quarter that ended in May. 2006 was $1,907.38 Mil. SPO Networks's EBIT for the trailing twelve months (TTM) ended in May. 2006 was $-5.63 Mil. SPO Networks's Earnings Yield (Joel Greenblatt) for the quarter that ended in May. 2006 was 0.00%.

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

SPOI's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Diversified Financial Services industry.
Industry Median: -0.22
* 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) %. SPO Networks's Forward Rate of Return (Yacktman) % for the quarter that ended in May. 2006 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.


SPO Networks  (OTCPK:SPOI) 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.


SPO Networks Earnings Yield (Joel Greenblatt) % Related Terms


SPO Networks Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for SPO Networks'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.

SPO Networks Earnings Yield (Joel Greenblatt) % Chart

SPO Networks Annual Data
Trend Dec01 Dec02 May04 May05
Earnings Yield (Joel Greenblatt) %
0.00 0.00 -0.01 -0.22

SPO Networks Quarterly Data
Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Nov03 Feb04 May04 Aug04 Nov04 Feb05 May05 Aug05 Nov05 Feb06 May06
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 0.00 0.00 0.00 0.00 0.00

SPOI vs GKIT, GPVRF, SORL: Earnings Yield (Joel Greenblatt) % Comparison

For the Shell Companies subindustry, SPO Networks'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.


SPO Networks Earnings Yield (Joel Greenblatt) % vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, SPO Networks's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



SPO Networks 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.

SPO Networkss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in May. 2005 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-3.824/1725.05593103
=-0.22 %

SPO Networks's EBIT for the trailing twelve months (TTM) ended in May. 2006 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.63 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 0.00% mean?
SPO Networks (SPOI) has a Earnings Yield (Joel Greenblatt) % of 0.00% as of May. 2006. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on SPO Networks and its competitors.
Is SPO Networks' Earnings Yield (Joel Greenblatt) % too high?
SPO Networks' current Earnings Yield (Joel Greenblatt) % is 0.00%.
How does SPO Networks' Earnings Yield (Joel Greenblatt) % compare to GKIT and GPVRF?
SPO Networks' Earnings Yield (Joel Greenblatt) % of 0.00% can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Earnings Yield (Joel Greenblatt) % depends on the Diversified Financial Services 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 SPO Networks and its competitors. SPO Networks's current Earnings Yield (Joel Greenblatt) % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPO Networks stock overvalued right now?
SPO Networks (SPOI) has a current Earnings Yield (Joel Greenblatt) % of 0.00%. The current Earnings Yield (Joel Greenblatt) % is 0.00%. 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 SPO Networks (SPOI), the current Earnings Yield (Joel Greenblatt) % is 0.00% as of May. 2006. 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.

SPO Networks Business Description

Address P.O. Box 600, Farmington, AR, USA, 72730
SPO Networks Inc is engaged in exploring potential acquisitions and opportunities in diversified industries, including performing and non-performing bank loans, coffee retailing and roasting, solid waste and recycling, general contracting, construction, and demolition with special waste remediation.