GURUFOCUS.COM » STOCK LIST » USA » NAS » Powell Industries Inc (NAS:POWL) » Definitions » Earnings Yield (Joel Greenblatt) %
Switch to:

Powell Industries Earnings Yield (Joel Greenblatt) %

: 0.59% (As of Jun. 2022)
View and export this data going back to 1973. Start your Free Trial

Powell Industries's Enterprise Value for the quarter that ended in Jun. 2022 was $178.9 Mil. Powell Industries's EBIT for the trailing twelve months (TTM) ended in Jun. 2022 was $1.1 Mil. Powell Industries's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2022 was 0.59%.

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

POWL' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -10.21   Med: 4.32   Max: 22.33
Current: 0.48

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Powell Industries was 22.33%. The lowest was -10.21%. And the median was 4.32%.

POWL's Earnings Yield (Joel Greenblatt) % is ranked worse than
77.12% of 2767 companies
in the Industrial Products industry
Industry Median: 4.39 vs POWL: 0.48

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) %. Powell Industries'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.


Powell Industries Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Powell Industries'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.

Powell Industries Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21
Earnings Yield (Joel Greenblatt) %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -6.71 -2.04 3.82 19.05 0.82

Powell Industries 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) % 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 0.77 0.82 -1.05 -0.97 0.59

Competitive Comparison

For the Electrical Equipment & Parts subindustry, Powell Industries'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.

   

Powell Industries Earnings Yield (Joel Greenblatt) % Distribution

For the Industrial Products industry and Industrials sector, Powell Industries's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Powell Industries 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.

Powell Industriess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Sep. 2021 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=1.296/157.512069
=0.82 %

Powell Industries'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 $1.1 Mil.



Powell Industries  (NAS:POWL) 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.


Powell Industries Earnings Yield (Joel Greenblatt) % Related Terms

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


Powell Industries Business Description

Powell Industries logo
Traded in Other Exchanges
Address
8550 Mosley Road, Houston, TX, USA, 77075-1180
Powell Industries Inc is a United States-based company that develops, designs, manufactures, and services custom-engineered equipment and systems for electrical energy distribution, control, and monitoring. The company's principal products comprise integrated power control room substations, custom-engineered modules, electrical houses, traditional and arc-resistant distribution switchgear and control gear, and so on. These products are applied in oil and gas refining, offshore oil and gas production, petrochemical, pipeline, terminal, mining and metals, light-rail traction power, electric utility, pulp and paper, and other heavy industrial markets. The company generates the majority of its sales from the United States.
Executives
Stacey John director C/O HARMAN INTERNATIONAL 1101 PENNSYLVANIA AVE, NW #1010 WASHINGTON DC 20004
Curtis Katheryn Baucom director 8550 MOSLEY ROAD HOUSTON TX 77075
Metcalf Michael William officer: Exec Vice President 8550 MOSLEY ROAD HOUSTON TX 77075
Mcgill James W director 8550 MOSLEY ROAD HOUSTON TX 77075
Elders Perry L director 8550 MOSLEY ROAD HOUSTON TX 77075
Clelland William N. director, other: ADVISORY DIRECTOR 8550 MOSLEY ROAD HOUSTON TX 77075
Williams Richard E director 8550 MOSLEY ROAD HOUSTON X1 77075
Cope Brett Alan officer: Sr VP, COO 8550 MOSLEY ROAD HOUSTON TX 77075
Dial Neil officer: COO 8550 MOSLEY ROAD HOUSTON TX 77075
Power One Inc officer: COO 740 CALLE PLANO CAMARILLO CA 93012
White John David director 8550 MOSLEY ROAD HOUSTON TX 77075
Lucas Michael Allan officer: President & CEO 13131 DAIRY ASHFORD, SUITE 600 SUGAR LAND TX 77478
Rozzell Scott E director
Hancock Bonnie V director P O BOX 12818 HOUSTON TX 77075
Cragg Christopher E director

Powell Industries Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)