What is Nuverra Environmental Solutions Earnings Yield (Joel Greenblatt) %?
Nuverra Environmental Solutions's Enterprise Value for the quarter that ended in Sep. 2021 was $0.00 Mil.
Nuverra Environmental Solutions's EBIT for the trailing twelve months (TTM) ended in Sep. 2021 was $-23.08 Mil. Nuverra Environmental Solutions's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2021 was 0.00%.
The historical rank and industry rank for Nuverra Environmental Solutions's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
NES'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -281.83 Med: -16.21 Max: 1.2
Current: -85.47
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Nuverra Environmental Solutions was 1.20%. The lowest was -281.83%. And the median was -16.21%.
NES's Earnings Yield (Joel Greenblatt) % is not ranked
in the Waste Management industry.
Industry Median: 3.875
vs NES: -85.47
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) %. Nuverra Environmental Solutions's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2021 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.
Nuverra Environmental Solutions Earnings Yield (Joel Greenblatt) % Historical Data
* 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.
For the Waste Management subindustry, Nuverra Environmental Solutions'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.
Nuverra Environmental Solutions's Earnings Yield (Joel Greenblatt) % Distribution in the Waste Management Industry
For the Waste Management industry and Industrials sector, Nuverra Environmental Solutions's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Nuverra Environmental Solutions's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Nuverra Environmental Solutionss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2020 is calculated as
Nuverra Environmental Solutions's EBIT for the trailing twelve months (TTM) ended in Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-23.08 Mil.
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.
Nuverra Environmental Solutions Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Nuverra Environmental Solutions's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Nuverra Environmental Solutions (Nuverra Environmental Solutions) Business Description
Nuverra Environmental Solutions Inc provides full-cycle environmental solutions to consumers focused on the development and ongoing production of oil and natural gas from shale formations in the United States. It provides environmental solutions and well site logistics management, including delivery, collection, treatment, recycling and disposal of solid and liquid materials that are used in and generated by the drilling, completion and ongoing production of shale oil and natural gas. The firm's segments include Northeast, Southern and Rocky Mountain segments. It derives the majority of its revenues from Rocky Mountain segment.
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