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Blackstar Enterprise Group (OTCPK:BEGI) Earnings Yield (Joel Greenblatt) %

: -40.00% (As of Sep. 2022)
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Blackstar Enterprise Group's Enterprise Value for the quarter that ended in Sep. 2022 was $1.02 Mil. Blackstar Enterprise Group's EBIT for the trailing twelve months (TTM) ended in Sep. 2022 was $-0.41 Mil. Blackstar Enterprise Group's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2022 was -40.00%.

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

BEGI' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -364.94   Med: 0   Max: 0
Current: -51.55

BEGI's Earnings Yield (Joel Greenblatt) % is ranked worse than
90.76% of 660 companies
in the Capital Markets industry
Industry Median: 2.78 vs BEGI: -51.55

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) %. Blackstar Enterprise Group's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2022 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.


Blackstar Enterprise Group Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Blackstar Enterprise Group'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.

Blackstar Enterprise Group Annual Data
Trend Jul01 Jul02 Jul03 Jul04 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Earnings Yield (Joel Greenblatt) %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.04 -1.96 -62.11 -42.02 -45.87

Blackstar Enterprise Group Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Earnings Yield (Joel Greenblatt) % 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 Premium Member Only Premium Member Only Premium Member Only -36.76 -45.87 -68.49 -59.52 -40.00

Competitive Comparison

For the Capital Markets subindustry, Blackstar Enterprise Group'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.

   

Blackstar Enterprise Group Earnings Yield (Joel Greenblatt) % Distribution

For the Capital Markets industry and Financial Services sector, Blackstar Enterprise Group's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Blackstar Enterprise Group's Earnings Yield (Joel Greenblatt) % falls in comparison to its industry or sector. The grey bar indicates the Earnings Yield (Joel Greenblatt) %'s extreme value range as defined by GuruFocus.



Blackstar Enterprise Group 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.

Blackstar Enterprise Groups Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2021 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-0.976/2.1270728
=-45.88 %

Blackstar Enterprise Group's EBIT for the trailing twelve months (TTM) ended in Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.41 Mil.



Blackstar Enterprise Group  (OTCPK:BEGI) 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.


Blackstar Enterprise Group Earnings Yield (Joel Greenblatt) % Related Terms

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


Blackstar Enterprise Group (OTCPK:BEGI) Business Description

Blackstar Enterprise Group logo
Traded in Other Exchanges
N/A
Address
4450 Arapahoe Avenue, Suite 100, Boulder, CO, USA, 80303
Blackstar Enterprise Group Inc is engaged in Merchant Banking and Finance business. The company intends to gain exposure to the blockchain ecosystem through targeted joint ventures in the sector. It also offers consulting and regulatory compliance services to crypto-equity companies.
Executives
John N Harris director, 10 percent owner, officer: CEO PO BOX 1547, LYONS CO 80540
International Hedge Group, Inc. 10 percent owner 1711 WALES DRIVE, BERTHOUD CO 80513
Joseph E Kurczodyna director, 10 percent owner, officer: CFO 1711 WALES DRIVE, BERTHOUD CO 80513
Todd Harold Lahr 10 percent owner, other: Former President & Director 134 3RD ST, NAZARETH PA 18064