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KDA Group (TSXV:KDA) Earnings Yield (Joel Greenblatt) % : -16.89% (As of Jul. 2024)


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What is KDA Group Earnings Yield (Joel Greenblatt) %?

KDA Group's Enterprise Value for the quarter that ended in Jul. 2024 was C$44.03 Mil. KDA Group's EBIT for the trailing twelve months (TTM) ended in Jul. 2024 was C$-7.44 Mil. KDA Group's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jul. 2024 was -16.89%.

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

TSXV:KDA' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -33.97   Med: -6.11   Max: 34.11
Current: -15.66

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of KDA Group was 34.11%. The lowest was -33.97%. And the median was -6.11%.

TSXV:KDA's Earnings Yield (Joel Greenblatt) % is ranked worse than
83.04% of 690 companies
in the Healthcare Providers & Services industry
Industry Median: 2.505 vs TSXV:KDA: -15.66

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) %. KDA Group's Forward Rate of Return (Yacktman) % for the quarter that ended in Jul. 2024 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.


KDA Group Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for KDA Group'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.

KDA Group Earnings Yield (Joel Greenblatt) % Chart

KDA Group Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.28 13.21 -22.88 31.95 -16.89

KDA Group Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 31.95 13.32 5.81 1.44 -16.89

Competitive Comparison of KDA Group's Earnings Yield (Joel Greenblatt) %

For the Medical Care Facilities subindustry, KDA Group'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.


KDA Group's Earnings Yield (Joel Greenblatt) % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, KDA Group's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



KDA Group 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.

KDA Groups Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jul. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-7.436/44.02574
=-16.89 %

KDA Group's EBIT for the trailing twelve months (TTM) ended in Jul. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-7.44 Mil.



KDA Group  (TSXV:KDA) 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.


KDA Group Earnings Yield (Joel Greenblatt) % Related Terms

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KDA Group Business Description

Traded in Other Exchanges
Address
1351 Notre-Dame East, Suite 300, Thetford Mines, QC, CAN, G6G 0G5
KDA Group Inc provides solutions and services to the Canadian pharmaceutical market. The company's operating segments include Pharmacy Services; Pharmaceutical Solutions and Technology. It generates maximum revenue from the Pharmacy Services segment.
Executives
Tenshi Life Sciences Pte. Limited 10% Security Holder
Michael Winslow Kinley Director
Marc Lemieux 10% Security Holder, Director, Senior Officer
Isabelle Bégin 10% Security Holder, Director
Sylvain Duvernay Senior Officer
Gestion J.l.h.m. Gélinas Inc. 10% Security Holder

KDA Group Headlines

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