GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Naibu Global International Co PLC (STU:NGC) » Definitions » Earnings Yield (Joel Greenblatt) %

Naibu Global International Co (STU:NGC) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Jun. 2014)


View and export this data going back to . Start your Free Trial

What is Naibu Global International Co Earnings Yield (Joel Greenblatt) %?

Naibu Global International Co's Enterprise Value for the quarter that ended in Jun. 2014 was €0 Mil. Naibu Global International Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2014 was €412 Mil. Naibu Global International Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2014 was 0.00%.

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

STU:NGC's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 4.69
* 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) %. Naibu Global International Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2014 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.


Naibu Global International Co Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Naibu Global International Co'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.

Naibu Global International Co Earnings Yield (Joel Greenblatt) % Chart

Naibu Global International Co Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial - - - No Debt -1,666.67

Naibu Global International Co Quarterly Data
Jun12 Dec12 Jun13 Dec13 Jun14
Earnings Yield (Joel Greenblatt) % - No Debt - -1,666.67 -

Competitive Comparison of Naibu Global International Co's Earnings Yield (Joel Greenblatt) %

For the Footwear & Accessories subindustry, Naibu Global International Co'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.


Naibu Global International Co's Earnings Yield (Joel Greenblatt) % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Naibu Global International Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Naibu Global International Co's Earnings Yield (Joel Greenblatt) % falls into.



Naibu Global International Co 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.

Naibu Global International Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2013 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=418.039/0
= %

Naibu Global International Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was €412 Mil.



Naibu Global International Co  (STU:NGC) 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.


Naibu Global International Co Earnings Yield (Joel Greenblatt) % Related Terms

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


Naibu Global International Co (STU:NGC) Business Description

Traded in Other Exchanges
N/A
Address
Naibu Global International Co PLC was incorporated on December 15, 2011. The Company designs, manufactures and supplies Naibu branded sports shoes, and design and supply Naibu branded clothing and accessories in the People's Republic of China. Its business segments are organised as: Design, manufacture and sale of sports and leisure footwear which comprise athletic footwear designed for specific sporting activities such as running, tennis, basketball and skate board as well as leisure footwear, marketed under the 'Naibu' brand, and Design and sale of sports of sports apparel and accessories which comprise apparel for specific sporting activities such as running, tennis, basketball and leisure; functional apparel such as t-shirts, polo shirts and windbreakers; and accessories such as sport bags, caps, socks, protective guards and basketballs, marketed under the 'Naibu' brand.