EvokAI Creative Labs (TSXV:OKAI) Earnings Yield (Joel Greenblatt) %: -588.24% (As of Sep. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSXV:OKAI EvokAI Creative Labs Inc TSXV:OKAI
15 GF Score
Price C$0.12
View Full Analysis

What is EvokAI Creative Labs Earnings Yield (Joel Greenblatt) %?

EvokAI Creative Labs TSXV:OKAI 15 Earnings Yield (Joel Greenblatt) % is -588.24% as of Sep. 2024. GuruFocus rates TSXV:OKAI with a GF Score™ of 15/100.

EvokAI Creative Labs's Enterprise Value for the quarter that ended in Sep. 2024 was C$3.04 Mil. EvokAI Creative Labs's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was C$-18.28 Mil. EvokAI Creative Labs's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2024 was -588.24%.

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

TSXV:OKAI's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 3.67
* 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) %. EvokAI Creative Labs's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2024 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.


EvokAI Creative Labs  (TSXV:OKAI) 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.


EvokAI Creative Labs Earnings Yield (Joel Greenblatt) % Related Terms


EvokAI Creative Labs Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for EvokAI Creative Labs'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.

EvokAI Creative Labs Earnings Yield (Joel Greenblatt) % Chart

EvokAI Creative Labs Annual Data
Trend Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
0.00 0.00 -400.00

EvokAI Creative Labs Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -6.23 -400.00 -208.33 -333.33 -588.24

TSXV:OKAI vs VEEV, GEHC, DOCS: Earnings Yield (Joel Greenblatt) % Comparison

For the Health Information Services subindustry, EvokAI Creative Labs'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.


EvokAI Creative Labs Earnings Yield (Joel Greenblatt) % vs Healthcare Providers & Services Industry

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

* The bar in red indicates where EvokAI Creative Labs's Earnings Yield (Joel Greenblatt) % falls into.


TSXV:OKAI
15GF Score
EvokAI Creative Labs Inc TSXV:OKAI
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

EvokAI Creative Labs 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.

EvokAI Creative Labss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-22.896/5.72175
=-400.16 %

EvokAI Creative Labs's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-18.28 Mil.


What does a Earnings Yield (Joel Greenblatt) % of -588.24% mean?
EvokAI Creative Labs (TSXV:OKAI) has a Earnings Yield (Joel Greenblatt) % of -588.24% as of Sep. 2024. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on EvokAI Creative Labs and its competitors.
Is EvokAI Creative Labs' Earnings Yield (Joel Greenblatt) % too high?
EvokAI Creative Labs' current Earnings Yield (Joel Greenblatt) % is -588.24%. Overall, EvokAI Creative Labs has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does EvokAI Creative Labs' Earnings Yield (Joel Greenblatt) % compare to VEEV and GEHC?
EvokAI Creative Labs' Earnings Yield (Joel Greenblatt) % of -588.24% can be compared against companies in the Healthcare Providers & Services industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.67. 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 Healthcare Providers & Services company?
The median Earnings Yield (Joel Greenblatt) % among Healthcare Providers & Services companies is 3.67, based on 681 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. 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 EvokAI Creative Labs and its competitors. For the Healthcare Providers & Services industry, the median Earnings Yield (Joel Greenblatt) % is 3.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EvokAI Creative Labs's current Earnings Yield (Joel Greenblatt) % is -588.24%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EvokAI Creative Labs stock overvalued right now?
EvokAI Creative Labs (TSXV:OKAI) has a current Earnings Yield (Joel Greenblatt) % of -588.24%. The current Earnings Yield (Joel Greenblatt) % is -588.24%. EvokAI Creative Labs' overall GF Score™ is 15/100. 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 EvokAI Creative Labs (TSXV:OKAI), the current Earnings Yield (Joel Greenblatt) % is -588.24% as of Sep. 2024. 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.

EvokAI Creative Labs Business Description

Address 609 Granville Street, Suite 1600, PO Box 10068, Pacific Centre, Vancouver, BC, CAN, V7Y 1C3
EvokAI Creative Labs Inc is a medtech artificial-intelligence-powered company. It deploys machine learning models to search medical data and uncover insights to help improve health outcomes, patient experiences, drug development, preclinical and clinical decisions, and provide more accurate diagnoses. EvokAI tailors its AI algorithms across the whole healthcare system, from hospitals, private clinics, research institutions, pharmaceutical companies, and contract research organizations to medical professionals, patients, and healthy individuals aiming at preventing and early detecting any kind of disease and beyond, protecting the aging genome.
15GF Score

Get the complete analysis for TSXV:OKAI

Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$0.12
Price