Sears Canada (Sears Canada) Earnings Yield (Joel Greenblatt) % : -263.16% (As of Apr. 2017)

Sears Canada Earnings Yield (Joel Greenblatt) % Chart

Sears Canada Annual Data
	Trend	Jan08	Jan09	Jan10	Jan11	Jan12	Jan13	Jan14	Jan15	Jan16	Jan17
Earnings Yield (Joel Greenblatt) %		Get a 7-Day Free Trial					16.56	59.52	-36.63	-15.41	-416.67

Sears Canada Quarterly Data
	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17
Earnings Yield (Joel Greenblatt) %	Get a 7-Day Free Trial															-31.85	-217.39	-172.41	-416.67	-263.16

Competitive Comparison of Sears Canada's Earnings Yield (Joel Greenblatt) %

For the Department Stores subindustry, Sears Canada'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.

Sears Canada's Earnings Yield (Joel Greenblatt) % Distribution in the Retail - Cyclical Industry

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

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

Sears Canada 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.

Sears Canadas Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jan. 2017 is calculated as

Sears Canada's EBIT for the trailing twelve months (TTM) ended in Apr. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-295 Mil.

Sears Canada  (OTCPK:SRSCQ) 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.

Sears Canada Earnings Yield (Joel Greenblatt) % Related Terms

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Sears Canada (Sears Canada) Business Description