What is USA Truck Earnings Yield (Joel Greenblatt) %?
USA Truck's Enterprise Value for the quarter that ended in Jun. 2022 was $464.2 Mil.
USA Truck's EBIT for the trailing twelve months (TTM) ended in Jun. 2022 was $48.5 Mil. USA Truck's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2022 was 10.45%.
The historical rank and industry rank for USA Truck's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
USAK'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -15.13 Med: 1.73 Max: 16.26
Current: 10.38
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of USA Truck was 16.26%. The lowest was -15.13%. And the median was 1.73%.
USAK's Earnings Yield (Joel Greenblatt) % is not ranked
in the Transportation industry.
Industry Median: 6.98
vs USAK: 10.38
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) %. USA Truck's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2022 was 28.09%. 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.
USA Truck Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for USA Truck'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.
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USA Truck Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of USA Truck's Earnings Yield (Joel Greenblatt) %
For the Trucking subindustry, USA Truck'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.
USA Truck's Earnings Yield (Joel Greenblatt) % Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, USA Truck's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where USA Truck's Earnings Yield (Joel Greenblatt) % falls into.
USA Truck 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.
USA Trucks Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2021 is calculated as
USA Truck'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 $48.5 Mil.
USA Truck (NAS:USAK) 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.
USA Truck Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of USA Truck's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
USA Truck Inc provides transportation and logistics services. It reports two segments namely Trucking which consists of the company's truckload and freight service offerings and USAT Logistics which consist of the company's freight brokerage, logistics, and rail intermodal service offerings. The company transports commodities throughout the United States and into and out of portions of Canada and Mexico. The majority of the revenue is generated from the Trucking segment.
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