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Captiva Verde Industries (TSXV:AWA.H) Earnings Yield (Joel Greenblatt) % : -263.16% (As of Sep. 2016)


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What is Captiva Verde Industries Earnings Yield (Joel Greenblatt) %?

Captiva Verde Industries's Enterprise Value for the quarter that ended in Sep. 2016 was C$0.00 Mil. Captiva Verde Industries's EBIT for the trailing twelve months (TTM) ended in Sep. 2016 was C$-22.86 Mil. Captiva Verde Industries's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2016 was -263.16%.

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

TSXV:AWA.H' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -7234.8   Med: -15.75   Max: 2594.6
Current: -333.33

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Captiva Verde Industries was 2594.60%. The lowest was -7234.80%. And the median was -15.75%.

TSXV:AWA.H's Earnings Yield (Joel Greenblatt) % is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 5.025 vs TSXV:AWA.H: -333.33

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) %. Captiva Verde Industries's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2016 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.


Captiva Verde Industries Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Captiva Verde Industries'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.

Captiva Verde Industries Earnings Yield (Joel Greenblatt) % Chart

Captiva Verde Industries Annual Data
Trend Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Dec15
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -49.26 -1,000.00 -1,428.57 10.30 -30.12

Captiva Verde Industries Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 -5.65 -30.12 -104.17 -101.01 -263.16

Competitive Comparison of Captiva Verde Industries's Earnings Yield (Joel Greenblatt) %

For the Farm Products subindustry, Captiva Verde Industries'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.


Captiva Verde Industries's Earnings Yield (Joel Greenblatt) % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Captiva Verde Industries's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Captiva Verde Industries's Earnings Yield (Joel Greenblatt) % falls into.



Captiva Verde Industries 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.

Captiva Verde Industriess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2015 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-11.842/0
= %

Captiva Verde Industries's EBIT for the trailing twelve months (TTM) ended in Sep. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-22.86 Mil.



Captiva Verde Industries  (TSXV:AWA.H) 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.


Captiva Verde Industries Earnings Yield (Joel Greenblatt) % Related Terms

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Captiva Verde Industries (TSXV:AWA.H) Business Description

Traded in Other Exchanges
N/A
Address
78080 Calle Amigo, Suite 201, La Quinta, CA, USA, 92253
Captiva Verde Industries Ltd is primarily involved in the production and sale of organic greens and other organic produce. Its product portfolio comprises baby spinach, kale, lettuce, arugula, kale, chard, and mizuna. The company has two geographic segments - Canada and the United States.

Captiva Verde Industries (TSXV:AWA.H) Headlines

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