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Juva Life (Juva Life) Earnings Yield (Joel Greenblatt) % : -28.41% (As of Mar. 2023)


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What is Juva Life Earnings Yield (Joel Greenblatt) %?

Juva Life's Enterprise Value for the quarter that ended in Mar. 2023 was $16.88 Mil. Juva Life's EBIT for the trailing twelve months (TTM) ended in Mar. 2023 was $-4.80 Mil. Juva Life's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2023 was -28.41%.

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

JUVAF' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -47.39   Med: 0   Max: 0
Current: -46.73

JUVAF's Earnings Yield (Joel Greenblatt) % is not ranked
in the Drug Manufacturers industry.
Industry Median: 2.33 vs JUVAF: -46.73

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) %. Juva Life's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 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.


Juva Life Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Juva Life'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.

Juva Life Earnings Yield (Joel Greenblatt) % Chart

Juva Life Annual Data
Trend Dec19 Dec20
Earnings Yield (Joel Greenblatt) %
- -12.06

Juva Life Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22 Mar23
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -35.34 -15.60 -20.62 -24.88 -28.41

Competitive Comparison of Juva Life's Earnings Yield (Joel Greenblatt) %

For the Drug Manufacturers - Specialty & Generic subindustry, Juva Life'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.


Juva Life's Earnings Yield (Joel Greenblatt) % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Juva Life's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Juva Life 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.

Juva Lifes Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2020 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-15.795/130.98887942
=-12.06 %

Juva Life's EBIT for the trailing twelve months (TTM) ended in Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.80 Mil.



Juva Life  (OTCPK:JUVAF) 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.


Juva Life Earnings Yield (Joel Greenblatt) % Related Terms

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Juva Life (Juva Life) Business Description

Industry
Traded in Other Exchanges
Address
885 West Georgia Street, Suite 1400, Vancouver, BC, CAN, V6C 3E8
Juva Life Inc business is to acquire, own, and operate various cannabis business in the state of California. The Company operates in two reportable segments i) the resale of merchandise and cannabis-derived products, and ii) cultivation and sale of trim and flowers.

Juva Life (Juva Life) Headlines

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