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Charleslvard (Charleslvard) Earnings Yield (Joel Greenblatt) %

: -185.19% (As of Dec. 2023)
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Charleslvard's Enterprise Value for the quarter that ended in Dec. 2023 was $9.20 Mil. Charleslvard's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-17.00 Mil. Charleslvard's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was -185.19%.

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

CTHR' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -359.05   Med: -9.83   Max: 27.94
Current: -238.1

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Charleslvard was 27.94%. The lowest was -359.05%. And the median was -9.83%.

CTHR's Earnings Yield (Joel Greenblatt) % is ranked worse than
99.28% of 1117 companies
in the Retail - Cyclical industry
Industry Median: 4.79 vs CTHR: -238.10

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) %. Charleslvard's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 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.


Charleslvard Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Charleslvard'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 ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 7.15 [6] => -68.97 [7] => 9.01 [8] => 11.25 [9] => -64.52 )
Charleslvard Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Jun19 Jun20 Jun21 Jun22 Jun23
Earnings Yield (Joel Greenblatt) %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.15 -68.97 9.01 11.25 -64.52

Charleslvard Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -11.75 -21.93 -64.52 -121.95 -185.19

Competitive Comparison

For the Luxury Goods subindustry, Charleslvard'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.


Charleslvard Earnings Yield (Joel Greenblatt) % Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Charleslvard's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Charleslvard 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.

Charleslvards Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-13.976/21.6311335
=-64.61 %

Charleslvard's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-17.00 Mil.



Charleslvard  (NAS:CTHR) 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.


Charleslvard Earnings Yield (Joel Greenblatt) % Related Terms

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


Charleslvard (Charleslvard) Business Description

Traded in Other Exchanges
Address
170 Southport Drive, Morrisville, NC, USA, 27560
Charles & Colvard Ltd manufactures, markets, and distributes finished jewellery which also includes moissanite gemstone in the jewellery market. The company sells jewels through two operating segments namely Online Channels segment and Traditional segment. It generates maximum revenue from the Online Channels segment. Online Channels segment which consists of e-commerce outlets including charlesandcolvard.com, moissaniteoutlet.com, third-party online marketplaces, drop-ship retail, and other pure-play, exclusively e-commerce outlets.
Executives
Don O'connell director, officer: President and CEO C/O CHARLES & COLVARD, LTD., 170 SOUTHPORT DRIVE, MORRISVILLE NC 27560
Ollin B Sykes director C/O GATEWAY FINANCIAL HODINGS, P O BOX 1908, ELIZABETH CITY NC 27906
Clint J. Pete officer: CFO 1805 DUNES COURT, RALEIGH NC 27615
Neal I Goldman director 170 SOUTHPORT DRIVE, MORRISVILLE NC 27560
Anne M Butler director 59 ARMSTRONG ROAD, P.O. BOX 976, PLYMOUTH MA 02360
Benedetta I Casamento director 200 CAMPUS DRIVE, FLORHAM PARK NJ 07932
Suzanne Miglucci director, officer: President and CEO 10305 WHITESTONE ROAD, RALEIGH NC 27615
Jaqui Lividini director 27 EAST 95TH STREET, NEW YORK NY 10128
George R. Cattermole director 300 PERIMETER PARK DRIVE, STE A, MORRISVILLE NC 27560
Randy N Mccullough officer: President & CEO C/O CHARLES & COLVARD, LTD., 300 PERIMETER PARK DRIVE, SUITE A, MORRISVILLE NC 27560
Kyle Macemore officer: CFO C/O CHARLES & COLVARD, LTD., 300 PERIMETER PARK DRIVE, SUITE A, MORRISVILLE NC 27560
Charles D Lein director C/O CHARLES & COLVARD LTD., 300 PERIMETER PARK DR., STE A, MORRISVILLE NC 27560
Timothy L Krist officer: Chief Financial Officer C/O CHARLES & COLVARD LTD., 300 PERIMETER PARK DR., STE A, MORRISVILLE NC 27560
David B Barr director 1319 GARRICK WAY, MARIETTA 2Q 30068
Steve Larkin director 901 WEST WALNUT HILL LANE, IRVING TX 75038