THBD (Third Bench) Earnings Yield (Joel Greenblatt) %: -11.90% (As of May. 2024)

Third Bench  (OTCPK:THBD) 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.

Third Bench Earnings Yield (Joel Greenblatt) % Related Terms

The historical data trend for Third Bench'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.

Third Bench Earnings Yield (Joel Greenblatt) % Chart

Third Bench Annual Data
	Trend	Aug07	Aug08	Aug09	Aug10	Aug11	Aug12	Aug13	Aug14	Aug15
Earnings Yield (Joel Greenblatt) %		Get a 7-Day Free Trial				-3.88	-19.05	-43.29	-109.89	2.89

Third Bench Quarterly Data
	Feb10	May10	Aug10	Nov10	Feb11	May11	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Aug14	Aug15	May22	May23	May24
Earnings Yield (Joel Greenblatt) %	Get a 7-Day Free Trial															-109.89	2.89	-11.47	-43.29	-11.90

THBD vs SGI, SN, MHK: Earnings Yield (Joel Greenblatt) % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Third Bench'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.

Third Bench Earnings Yield (Joel Greenblatt) % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Third Bench's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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

Third Bench 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.

Third Benchs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Aug. 2015 is calculated as

Third Bench's EBIT for the trailing twelve months (TTM) ended in May. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.42 Mil.

Third Bench Business Description