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Rainmaker Systems (Rainmaker Systems) Earnings Yield (Joel Greenblatt) % : -357.14% (As of Sep. 2014)


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What is Rainmaker Systems Earnings Yield (Joel Greenblatt) %?

Rainmaker Systems's Enterprise Value for the quarter that ended in Sep. 2014 was $5.33 Mil. Rainmaker Systems's EBIT for the trailing twelve months (TTM) ended in Sep. 2014 was $-10.69 Mil. Rainmaker Systems's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2014 was -357.14%.

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

VCTL's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Education industry.
Industry Median: 5.5
* 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) %. Rainmaker Systems's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2014 was -150.00%. 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.


Rainmaker Systems Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Rainmaker Systems'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.

Rainmaker Systems Earnings Yield (Joel Greenblatt) % Chart

Rainmaker Systems Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -38.91 -36.90 -56.82 -17.67 -217.39

Rainmaker Systems Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 -58.48 -217.39 -204.08 -238.10 -357.14

Competitive Comparison of Rainmaker Systems's Earnings Yield (Joel Greenblatt) %

For the Education & Training Services subindustry, Rainmaker Systems'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.


Rainmaker Systems's Earnings Yield (Joel Greenblatt) % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Rainmaker Systems's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Rainmaker Systems 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.

Rainmaker Systemss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2013 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-14.03/9.9668
=-140.77 %

Rainmaker Systems's EBIT for the trailing twelve months (TTM) ended in Sep. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was $-10.69 Mil.



Rainmaker Systems  (OTCPK:VCTL) 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.


Rainmaker Systems Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Rainmaker Systems's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Rainmaker Systems (Rainmaker Systems) Business Description

Traded in Other Exchanges
N/A
Address
1821 S. Bascom Avenue, Suite 385, Campbell, CA, USA, 95008
Rainmaker Systems Inc is a learning management solution provider to organizations of all size across the technology, financial services, biosciences, human resources, and consulting industries, among others.
Executives
Eric Salzman director C/O 8X8 INC., 675 CREEKSIDE WAY, CAMPCALL CA 95008
Gary S Briggs director 117 ADAMS STREET, C/O ETSY, BROOKLYN NY 11201
Timothy Burns officer: Acting Chief Financial Officer 900 E. HAMILTON AVENUE, SUITE 400, CAMPBELL CA 95008
Charles Geiger director C/O CHEGG, INC., 3990 FREEDOM CIRCLE, SANTA CLARA CA 95054
Steve Valenzuela officer: Chief Financial Officer 1800 GREEN HILLS ROAD, SCOTTS VALLEY CA 95066
Diker Management Llc 10 percent owner 570 LEXINGTON AVENUE, 27TH FLOOR, NEW YORK NY 10022
Marxe Austin W & Greenhouse David M 10 percent owner C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Martin Hernandez officer: President C/O WESTELL TECHNOLOGIES, INC. 750 NORTH COMMONS DRIVE AURORA IL 60504
Hebb Donald B Jr 10 percent owner 400 EAST PRATT STREET, SUITE 910, BALTIMORE MD 21202
Timothy T Weglicki 10 percent owner 400 EAST PRATT STREET, SUITE 910, BALTIMORE MD 21202
Phillip A Clough director, 10 percent owner 400 EAST PRATT STREET, SUITE 910, BALTIMORE MD 21202
Stobo John D Jr 10 percent owner 400 EAST PRATT STREET, SUITE 910, BALTIMORE MD 21202
Abs Capital Partners Iii L P 10 percent owner 1 SOUTH STREET, 25TH FLOOR, BALTIMORE MD 21202
Abs Partners Iii Llc 10 percent owner
Urioste George De director 2118 WALSH AVENUE, SUITE 210, SANTA CLARA CA 95050

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