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Bermuda Aviation Services (BDA:BAS.BH) Earnings Yield (Joel Greenblatt) %

: 0.00% (As of . 20)
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Bermuda Aviation Services's Enterprise Value for the quarter that ended in . 20 was BMD0.00 Mil. Bermuda Aviation Services does not have enough years/quarters to calculate its EBIT for the trailing twelve months (TTM) ended in . 20. Therefore, GuruFocus does not calculate Bermuda Aviation Services's Earnings Yield (Joel Greenblatt) at this moment.

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

BDA:BAS.BH's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Conglomerates industry.
Industry Median: 6.815
* 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) %. Bermuda Aviation Services's Forward Rate of Return (Yacktman) % for the quarter that ended in . 20 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.


Bermuda Aviation Services Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Bermuda Aviation Services'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.

Array ( )
Bermuda Aviation Services Annual Data
Trend
Earnings Yield (Joel Greenblatt) %

Bermuda Aviation Services Semi-Annual Data
Earnings Yield (Joel Greenblatt) %

Competitive Comparison

For the Conglomerates subindustry, Bermuda Aviation Services'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.


Bermuda Aviation Services Earnings Yield (Joel Greenblatt) % Distribution

For the Conglomerates industry and Industrials sector, Bermuda Aviation Services's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Bermuda Aviation Services's Earnings Yield (Joel Greenblatt) % falls into.



Bermuda Aviation Services 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.

Bermuda Aviation Servicess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in . 20 is calculated as

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



Bermuda Aviation Services  (BDA:BAS.BH) 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.


Bermuda Aviation Services Earnings Yield (Joel Greenblatt) % Related Terms

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Bermuda Aviation Services (BDA:BAS.BH) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
19 Bakery Lane, Pembroke, BMU, HM 07
Bermuda Aviation Services Ltd along with its subsidiaries is engaged in distributing automotive parts. The company's operating segment includes Administrative Services, Automotive Garages, and Facilities Management which generates the majority of its revenue from the Facilities Management segment which includes elevator maintenance and installation, property management and maintenance, customized electrical, generator, and fire detection solutions.

Bermuda Aviation Services (BDA:BAS.BH) Headlines

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