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Kallo (KALO) Earnings Yield (Joel Greenblatt) % : -6.30% (As of Jun. 2022)


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What is Kallo Earnings Yield (Joel Greenblatt) %?

Kallo's Enterprise Value for the quarter that ended in Jun. 2022 was $9.45 Mil. Kallo's EBIT for the trailing twelve months (TTM) ended in Jun. 2022 was $-0.60 Mil. Kallo's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2022 was -6.30%.

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

KALO's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Diversified Financial Services industry.
Industry Median: -1.63
* 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) %. Kallo's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 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.


Kallo Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Kallo'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.

Kallo Earnings Yield (Joel Greenblatt) % Chart

Kallo Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -55.56 -2.71 -9.28 -80.00 -8.01

Kallo Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 -333.33 -140.85 -8.01 -7.94 -6.30

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

For the Shell Companies subindustry, Kallo'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.


Kallo's Earnings Yield (Joel Greenblatt) % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Kallo's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Kallo 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.

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

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-7.982/99.595022
=-8.01 %

Kallo's EBIT for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.60 Mil.



Kallo  (OTCPK:KALO) 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.


Kallo Earnings Yield (Joel Greenblatt) % Related Terms

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


Kallo (KALO) Business Description

Traded in Other Exchanges
N/A
Address
255 Duncan Mills Road, Suite 504, Toronto, ON, CAN, M3B 3H9
Kallo Inc is focused on developing medical information technology software. The company focuses on the delivery and support of an end-to-end healthcare solution for developing countries and rural communities. Its healthcare solution, Kallo Integrated Delivery System (KIDS), consists of over three components: Care Platforms, Digital Technology, and Education and Training.
Executives
Lloyd A Chiotti director, 10 percent owner, officer: Executive Vice President 954404 7TH LINE EHS, MONO A6 L9W 6G1
Rajni Kassett 10 percent owner 67 SIMMS DRIVE, AJAX A6 L1T3K1
Fe Pharmacy Inc. 10 percent owner 97 KING STREET EAST, OSHAWA A6 LQH 1B8
Vince Leitao director, 10 percent owner, officer: President & COO 150 REGENT STREET, RICHMOND HILL A6 L4C 9N9
Cecil John Thiagaraj Rajarathnam director, 10 percent owner, officer: Chairman, CEO, CFO 410 - 168 BONIS AVENUE, SCARBOROUGH A6 M1T 3V6
Kallo Inc. 10 percent owner 255 DUNCAN MILLS ROAD, SUITE 504, TORONTO A6 M3B 3H9
Samuel Baker director, officer: Secretary 255 DUNCAN MILL ROAD, SUITE 504, TORONTO A6 M3B 3H9
Vinod Gandhi director, officer: Treasurer, CFO 924 MOHAWK ROAD WEST, HAMILTON A6 L9C 6Z3
Mary Kricfalusi director, 10 percent owner, officer: Secretary 186 MAURICE DRIVE, OAKVILLE A6 L6K 2W9
John C Dow director, 10 percent owner, officer: CFO 261 PENN DRIVE, BURLINGTON A6 L7N 2B9
Herb Adams director, 10 percent owner, officer: President 636 MOHAWK ROAD EAST, HAMILTON A6 L8V 2K1

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