TALN (Talon International) Earnings Yield (Joel Greenblatt) %: 26.53% (As of Sep. 2017)

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What is Talon International Earnings Yield (Joel Greenblatt) %?

Talon International TALN Earnings Yield (Joel Greenblatt) % is 26.53% as of Sep. 2017.

Talon International's Enterprise Value for the quarter that ended in Sep. 2017 was $6.46 Mil. Talon International's EBIT for the trailing twelve months (TTM) ended in Sep. 2017 was $1.80 Mil. Talon International's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2017 was 26.53%.

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

TALN's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 5.21
* 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) %. Talon International's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2017 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.


Talon International  (OTCPK:TALN) 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.


Talon International Earnings Yield (Joel Greenblatt) % Related Terms


Talon International Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Talon International'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.

Talon International Earnings Yield (Joel Greenblatt) % Chart

Talon International Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.80 11.03 9.05 6.93 23.09

Talon International Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 34.60 23.09 21.74 21.23 26.53

TALN vs KBSF: Earnings Yield (Joel Greenblatt) % Comparison

For the Apparel Manufacturing subindustry, Talon International'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.


Talon International Earnings Yield (Joel Greenblatt) % vs Manufacturing - Apparel & Accessories Industry

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

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



Talon International 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.

Talon Internationals Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2016 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=2.693/11.18362
=24.08 %

Talon International's EBIT for the trailing twelve months (TTM) ended in Sep. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.80 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 26.53% mean?
Talon International (TALN) has a Earnings Yield (Joel Greenblatt) % of 26.53% as of Sep. 2017. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Talon International and its competitors.
Is Talon International's Earnings Yield (Joel Greenblatt) % too high?
Talon International's current Earnings Yield (Joel Greenblatt) % is 26.53%. The Manufacturing - Apparel & Accessories industry median Earnings Yield (Joel Greenblatt) % is 5.21. Talon International's value of 26.53% is 409.2% above this industry median.
How does Talon International's Earnings Yield (Joel Greenblatt) % compare to KBSF?
Talon International's Earnings Yield (Joel Greenblatt) % of 26.53% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.21. Talon International's value of 26.53% is 409.2% 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 Manufacturing - Apparel & Accessories company?
The median Earnings Yield (Joel Greenblatt) % among Manufacturing - Apparel & Accessories companies is 5.21, based on 1,067 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. Talon International's current Earnings Yield (Joel Greenblatt) % of 26.53% is 409.2% 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 Talon International and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Earnings Yield (Joel Greenblatt) % is 5.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Talon International's current Earnings Yield (Joel Greenblatt) % is 26.53%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Talon International stock overvalued right now?
Talon International (TALN) has a current Earnings Yield (Joel Greenblatt) % of 26.53%. The current Earnings Yield (Joel Greenblatt) % is 26.53% and 409.2% above the Manufacturing - Apparel & Accessories industry median of 5.21. 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 Talon International (TALN), the current Earnings Yield (Joel Greenblatt) % is 26.53% as of Sep. 2017. 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.

Talon International Business Description

Address 21900 Burbank Boulevard, Suite 101, Woodland Hills, CA, USA, 91367
Talon International Inc and its subsidiaries is an apparel company that specializes in the distribution of trim items to manufacturers of fashion apparel, specialty retailers and mass merchandisers. It acts as a full-service outsourced trim management department for manufacturers, a specified supplier of trim items to owners of specific brands, brand licensees and retailers, a manufacturer and distributor of zippers under the Talon brand name and a distributor of stretch waistbands that utilize licensed patented technology under the Tekfit/Adjustec brand name.