Blue Shark Power System (XPAR:MLBSP) Earnings Yield (Joel Greenblatt) %: 0.00% (As of Dec. 2017)

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What is Blue Shark Power System Earnings Yield (Joel Greenblatt) %?

Blue Shark Power System XPAR:MLBSP Earnings Yield (Joel Greenblatt) % is 0.00% as of Dec. 2017.

Blue Shark Power System's Enterprise Value for the quarter that ended in Dec. 2017 was €0.00 Mil. Blue Shark Power System does not have enough years/quarters to calculate its EBIT for the trailing twelve months (TTM) ended in Dec. 2017. Therefore, GuruFocus does not calculate Blue Shark Power System's Earnings Yield (Joel Greenblatt) at this moment.

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

XPAR:MLBSP's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 3.38
* 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) %. Blue Shark Power System's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2017 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.


Blue Shark Power System  (XPAR:MLBSP) 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.


Blue Shark Power System Earnings Yield (Joel Greenblatt) % Related Terms


Blue Shark Power System Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Blue Shark Power System'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.

Blue Shark Power System Earnings Yield (Joel Greenblatt) % Chart

Blue Shark Power System Annual Data
Trend Dec15 Dec16 Dec17
Earnings Yield (Joel Greenblatt) %
0.00 0.00 0.00

Blue Shark Power System Semi-Annual Data
Dec15 Dec16 Dec17
Earnings Yield (Joel Greenblatt) % 0.00 0.00 0.00

XPAR:MLBSP vs : Earnings Yield (Joel Greenblatt) % Comparison

For the Utilities - Renewable subindustry, Blue Shark Power System'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.


Blue Shark Power System Earnings Yield (Joel Greenblatt) % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Blue Shark Power System's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Blue Shark Power System's Earnings Yield (Joel Greenblatt) % falls into.



Blue Shark Power System 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.

Blue Shark Power Systems Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2017 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=0.035/0
= %


What does a Earnings Yield (Joel Greenblatt) % of 0.00% mean?
Blue Shark Power System (XPAR:MLBSP) has a Earnings Yield (Joel Greenblatt) % of 0.00% as of Dec. 2017. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Blue Shark Power System and its competitors.
Is Blue Shark Power System's Earnings Yield (Joel Greenblatt) % too high?
Blue Shark Power System's current Earnings Yield (Joel Greenblatt) % is 0.00%.
How does Blue Shark Power System's Earnings Yield (Joel Greenblatt) % compare to ?
Blue Shark Power System's Earnings Yield (Joel Greenblatt) % of 0.00% can be compared against companies in the Utilities - Independent Power Producers industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.38. 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 an Utilities - Independent Power Producers company?
The median Earnings Yield (Joel Greenblatt) % among Utilities - Independent Power Producers companies is 3.38, based on 487 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 Blue Shark Power System and its competitors. For the Utilities - Independent Power Producers industry, the median Earnings Yield (Joel Greenblatt) % is 3.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blue Shark Power System's current Earnings Yield (Joel Greenblatt) % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blue Shark Power System stock overvalued right now?
Blue Shark Power System (XPAR:MLBSP) has a current Earnings Yield (Joel Greenblatt) % of 0.00%. The current Earnings Yield (Joel Greenblatt) % is 0.00%. 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 Blue Shark Power System (XPAR:MLBSP), the current Earnings Yield (Joel Greenblatt) % is 0.00% as of Dec. 2017. 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.

Blue Shark Power System Business Description

Comparable Companies
Address 5 Allee de Tourny, Bordeaux, FRA, FR-33000
Blue Shark Power System SA is a hydro kinetic turbine designed to produce clean energy exploiting slow-moving flows of water, as large river, tidal or water currents. The company is able to harvest energy with rated power of approximatey 250-1000 kW according to the speed of the water current on a choosing site.