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SVIN (Scheid Vineyards) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Aug. 2023)


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What is Scheid Vineyards Earnings Yield (Joel Greenblatt) %?

Scheid Vineyards's Enterprise Value for the quarter that ended in Aug. 2023 was $151.79 Mil. Scheid Vineyards's EBIT for the trailing twelve months (TTM) ended in Aug. 2023 was $-3.75 Mil. Scheid Vineyards's Earnings Yield (Joel Greenblatt) for the quarter that ended in Aug. 2023 was 0.00%.

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

SVIN' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2.62   Med: 0   Max: 0
Current: -2.62

SVIN's Earnings Yield (Joel Greenblatt) % is not ranked
in the Beverages - Alcoholic industry.
Industry Median: 5.325 vs SVIN: -2.62

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) %. Scheid Vineyards's Forward Rate of Return (Yacktman) % for the quarter that ended in Aug. 2023 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.


Scheid Vineyards Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Scheid Vineyards'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.

Scheid Vineyards Earnings Yield (Joel Greenblatt) % Chart

Scheid Vineyards Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.13 7.54 -1.26 -3.76 -9.49

Scheid Vineyards Semi-Annual Data
Dec02 Jun03 Dec03 Jun04 Dec04 Jun05 Dec05 Feb15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Aug22 Aug23
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 -3.86 -9.49 -8.62 - -

Competitive Comparison of Scheid Vineyards's Earnings Yield (Joel Greenblatt) %

For the Beverages - Wineries & Distilleries subindustry, Scheid Vineyards'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.


Scheid Vineyards's Earnings Yield (Joel Greenblatt) % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Scheid Vineyards's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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


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Scheid Vineyards 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.

Scheid Vineyardss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Feb. 2020 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-13.182/138.9595
=-9.49 %

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.



Scheid Vineyards  (OTCPK:SVIN) 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.


Scheid Vineyards Earnings Yield (Joel Greenblatt) % Related Terms

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


Scheid Vineyards Business Description

Traded in Other Exchanges
N/A
Address
305 Hilltown Road, Salinas, CA, USA, 93908
Scheid Vineyards Inc is engaged in the manufacturing of premium varietal wine grapes and wine in the United States. The principal business of the company is the production of premium varietal wine grapes and wine, the operation of a custom crush winery facility, and the sale of bottled wine through wholesalers and directly to consumers. It currently operates premium wine grape vineyards in Monterey County, California.
Executives
Keith Krum director 305 HILLTOWN ROAD, SALINAS CA 93908
Advisory Research Inc 10 percent owner 180 N. STETSON AVENUE, SUITE 5500, CHICAGO IL 60601
Advisory Research Microcap Value Fund, L.p. 10 percent owner 180 NORTH STETSON AVENUE, SUITE 5500, CHICAGO IL 60601
Scott D Scheid director, officer: President, CEO C/O SCHEID VINEYARDS, 305 HILLTOWN RD, SALINAS CA 93908
Heidi M Scheid director, officer: Senior Vice President C/O SCHEID VINEYARDS INC, 305 HILLTOWN RD, SALINAS CA 93908
Kurt J Golnick officer: Chief Operating Officer C/O SCHEID VINEYARDS, 305 HILLTOWN RD, SALINAS CA 93908
Alfred G Scheid director, 10 percent owner C/O SCHEID VINEYARDS, 305 HILLTOWN RD, SALINAS CA 93908

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