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Plyzer Technologies (Plyzer Technologies) Earnings Yield (Joel Greenblatt) % : -42.19% (As of Dec. 2019)


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What is Plyzer Technologies Earnings Yield (Joel Greenblatt) %?

Plyzer Technologies's Enterprise Value for the quarter that ended in Dec. 2019 was $17.57 Mil. Plyzer Technologies's EBIT for the trailing twelve months (TTM) ended in Dec. 2019 was $-7.36 Mil. Plyzer Technologies's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2019 was -42.19%.

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

PLYZ's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Software industry.
Industry Median: 1.19
* 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) %. Plyzer Technologies's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2019 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.


Plyzer Technologies Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Plyzer Technologies'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.

Plyzer Technologies Earnings Yield (Joel Greenblatt) % Chart

Plyzer Technologies Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.95 -27.55 -1.80 -7.78 -111.11

Plyzer Technologies Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 -82.64 -111.11 -97.09 -21.37 -42.19

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

For the Software - Infrastructure subindustry, Plyzer Technologies'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.


Plyzer Technologies's Earnings Yield (Joel Greenblatt) % Distribution in the Software Industry

For the Software industry and Technology sector, Plyzer Technologies's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Plyzer Technologies 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.

Plyzer Technologiess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2019 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-23.988/21.47075
=-111.72 %

Plyzer Technologies's EBIT for the trailing twelve months (TTM) ended in Dec. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-7.36 Mil.



Plyzer Technologies  (OTCPK:PLYZ) 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.


Plyzer Technologies Earnings Yield (Joel Greenblatt) % Related Terms

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Plyzer Technologies (Plyzer Technologies) Business Description

Industry
Traded in Other Exchanges
N/A
Address
47 Avenue Road, Suite 200, Toronto, ON, CAN, M5R 2G3
Plyzer Technologies Inc is engaged in developing commercial web portal aimed at providing solutions for price comparison using artificial intelligence in several niche markets. It provides cloud-based business intelligence solutions for brands to analyze critical online price and market data.

Plyzer Technologies (Plyzer Technologies) Headlines