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Ault Alliance (Ault Alliance) Earnings Yield (Joel Greenblatt) %

: -277.78% (As of Dec. 2023)
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Ault Alliance's Enterprise Value for the quarter that ended in Dec. 2023 was $73.4 Mil. Ault Alliance's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-204.4 Mil. Ault Alliance's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was -277.78%.

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

AULT' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1342.61   Med: -80.59   Max: 245.69
Current: -357.14

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Ault Alliance was 245.69%. The lowest was -1342.61%. And the median was -80.59%.

AULT's Earnings Yield (Joel Greenblatt) % is ranked worse than
99.36% of 311 companies
in the Aerospace & Defense industry
Industry Median: 2.7 vs AULT: -357.14

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) %. Ault Alliance's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 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.


Ault Alliance Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Ault Alliance'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.

Ault Alliance Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -153.85 -28.82 -9.44 -121.95 -277.78

Ault Alliance Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -121.95 -62.89 -126.58 -192.31 -277.78

Competitive Comparison

For the Aerospace & Defense subindustry, Ault Alliance'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.


Ault Alliance Earnings Yield (Joel Greenblatt) % Distribution

For the Aerospace & Defense industry and Industrials sector, Ault Alliance's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Ault Alliance 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.

Ault Alliances Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-202.994/73.449748601
=-276.37 %

Ault Alliance's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-204.4 Mil.



Ault Alliance  (AMEX:AULT) 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.


Ault Alliance Earnings Yield (Joel Greenblatt) % Related Terms

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


Ault Alliance (Ault Alliance) Business Description

Industry
Traded in Other Exchanges
N/A
Address
11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV, USA, 89141
Ault Alliance Inc is a diversified holding company. It operates a data center at which it mines Bitcoin and provides mission-critical products that support a diverse range of industries, including oil exploration, crane services, defense/aerospace, industrial, automotive, medical/biopharma, consumer electronics, hotel operations and textiles. The company has eight reportable segments: Energy and Infrastructure; Technology and Finance; The Singing Machine Company, Inc; BitNile, Inc; Giga-tronics Incorporated; Imperalis Holding Corp., also referred to as TurnOnGreen; Ault Real Estate Equities, Inc and Ault Disruptive Technologies Corporation.
Executives
Ault Milton C Iii director 11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
Howard Ash director 4233 SHERIDAN AVE, MIAMI BEACH FL 33140
Robert O Smith 10 percent owner DIGITAL POWER CORPORATION, 41920 CHRISTY STREET, FREMONT CA 94538
Ault & Company, Inc. director, officer: See Remark 11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
William B. Horne director C/O AULT ALLIANCE, INC., 940 SOUTH COAST DRIVE, SUITE 200, COSTA MESA CA 92626
Glen E Tellock director 1725 SHEPHERD ROAD, CHATTANOOGA TN 37421
Kenneth S Cragun officer: See Remarks 3775 CHIPPEWA CIRCLE, CORONA CA 92881
Jodi Brichan director C/O DPW HOLDINGS, INC., 201 SHIPYARD WAY, SUITE E, NEWPORT BEACH CA 92663
Ding Gu 10 percent owner 208 LAUREL CREEK BLVD., MOORESTOWN NJ 08057
Henry Carl Nisser officer: Executive VP & General Counsel 100 PARK AVENUE, SUITE 1658A, NEW YORK NY 10017
Kristine L Ault director, 10 percent owner P.O. BOX 3587, TUSTIN CA 92781
Jeffrey Allen Bentz director 107 E BONITA WAY, TEMPE AZ 85281
Philou Ventures, Llc 10 percent owner P.O. BOX 3587, TUSTIN CA 92781
Mordechai Rosenberg director 1 BROSH STREET, KFAR SABA L3 4438240
Amos Kohn director 48430 LAKEVIEW BLVD., C/O DIGITAL POWER CORP, FREMONT CA 94538