Diamond S Shipping Group's Enterprise Value for the quarter that ended in Mar. 2013 was $0.00 Mil.
Diamond S Shipping Group does not have enough years/quarters to calculate its EBIT for the trailing twelve months (TTM) ended in Mar. 2013. Therefore, GuruFocus does not calculate Diamond S Shipping Group's Earnings Yield (Joel Greenblatt) at this moment.
The historical rank and industry rank for Diamond S Shipping Group's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
DSG's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Transportation industry.
Industry Median: 7.02 * 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) %. Diamond S Shipping Group's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2013 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.
Diamond S Shipping Group Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Diamond S Shipping 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.
Diamond S Shipping Group Annual Data
Trend
Mar12
Mar13
Earnings Yield (Joel Greenblatt) %
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Diamond S Shipping Group Semi-Annual Data
Mar12
Mar13
Earnings Yield (Joel Greenblatt) %
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Competitive Comparison
For the Marine Shipping subindustry, Diamond S Shipping 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.
Diamond S Shipping Group Earnings Yield (Joel Greenblatt) % Distribution
For the Transportation industry and Industrials sector, Diamond S Shipping Group's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Diamond S Shipping Group's Earnings Yield (Joel Greenblatt) % falls into.
Diamond S Shipping 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.
Diamond S Shipping Groups Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2013 is calculated as
Diamond S Shipping Group (NYSE:DSG) 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.
Diamond S Shipping Group Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Diamond S Shipping Group's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Diamond S Shipping Group (Diamond S Shipping Group) Business Description
Diamond S Shipping Group Inc, is incorporated in Marshall Islands on July 31, 2013. The Company provides seaborne transportation of refined petroleum and other products in the international shipping markets. The Company is the owners and operators of medium range, or MR, product tankers. The Company's fleet currently consists of 33 MR product tankers built at Korean and Japanese shipyards. The Company competes on basis of price, vessel location, size, age and condition of the vessel. The Company is subject to various international conventions, national, state and local laws and regulations in the countries in which its vessels may operate or are registered.
Diamond S Shipping Group (Diamond S Shipping Group) Headlines
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