Better Plant Sciences (Better Plant Sciences) Earnings Yield (Joel Greenblatt) % : -83.33% (As of Aug. 2023)

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What is Better Plant Sciences Earnings Yield (Joel Greenblatt) %?

Better Plant Sciences's Enterprise Value for the quarter that ended in Aug. 2023 was $1.35 Mil. Better Plant Sciences's EBIT for the trailing twelve months (TTM) ended in Aug. 2023 was $-1.06 Mil. Better Plant Sciences's Earnings Yield (Joel Greenblatt) for the quarter that ended in Aug. 2023 was -83.33%.

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

VEGGD' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -107.93 Med: -47.4 Max: -9.22
Current: -100

During the past 8 years, the highest Earnings Yield (Joel Greenblatt) of Better Plant Sciences was -9.22%. The lowest was -107.93%. And the median was -47.40%.

VEGGD's Earnings Yield (Joel Greenblatt) % is not ranked
in the Drug Manufacturers industry.
Industry Median: 2.425 vs VEGGD: -100.00

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) %. Better Plant Sciences's Forward Rate of Return (Yacktman) % for the quarter that ended in Aug. 2023 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.

Better Plant Sciences Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Better Plant Sciences'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.

Better Plant Sciences Earnings Yield (Joel Greenblatt) % Chart

Better Plant Sciences Annual Data

Trend

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Earnings Yield (Joel Greenblatt) %

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-50.51

-79.37

-17.76

-36.63

Better Plant Sciences Quarterly Data
	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23
Earnings Yield (Joel Greenblatt) %	Get a 7-Day Free Trial															-46.95	-36.63	-52.08	-29.59	-83.33

Competitive Comparison of Better Plant Sciences's Earnings Yield (Joel Greenblatt) %

For the Drug Manufacturers - Specialty & Generic subindustry, Better Plant Sciences'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.

Better Plant Sciences's Earnings Yield (Joel Greenblatt) % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Better Plant Sciences's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Better Plant Sciences's Earnings Yield (Joel Greenblatt) % falls into.

Better Plant Sciences 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.

Better Plant Sciencess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Nov. 2022 is calculated as

Earnings Yield (Joel Greenblatt)	=	EBIT	/	Enterprise Value
	=	-1.255	/	3.67919332
	=	-34.11 %

Better Plant Sciences's EBIT for the trailing twelve months (TTM) ended in Aug. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.06 Mil.

Better Plant Sciences (OTCPK:VEGGD) 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

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.

Better Plant Sciences Earnings Yield (Joel Greenblatt) % Related Terms

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