What is Pond Technologies Holdings Earnings Yield (Joel Greenblatt) %?
Pond Technologies Holdings's Enterprise Value for the quarter that ended in Sep. 2023 was C$5.89 Mil.
Pond Technologies Holdings's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was C$-3.62 Mil. Pond Technologies Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2023 was -61.73%.
The historical rank and industry rank for Pond Technologies Holdings's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
TSXV:POND'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1454.63 Med: -25.43 Max: 3336.05
Current: -65.79
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Pond Technologies Holdings was 3336.05%. The lowest was -1454.63%. And the median was -25.43%.
TSXV:POND's Earnings Yield (Joel Greenblatt) % is ranked worse than 97.12% of 1946
companies
in the Consumer Packaged Goods industry
Industry Median: 4.965
vs TSXV:POND: -65.79
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) %. Pond Technologies Holdings's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 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.
Pond Technologies Holdings Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Pond Technologies Holdings'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.
For the Farm Products subindustry, Pond Technologies Holdings'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.
Pond Technologies Holdings's Earnings Yield (Joel Greenblatt) % Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Pond Technologies Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Pond Technologies Holdings's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Pond Technologies Holdingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2022 is calculated as
Pond Technologies Holdings's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-3.62 Mil.
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.
Pond Technologies Holdings Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Pond Technologies Holdings's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Pond Technologies Holdings (TSXV:POND) Business Description
Pond Technologies Holdings Inc offers an algae-growing platform, which converts carbon dioxide (CO2) into algal-based commercial products. Its algae-growing platform converts the CO2 found in the untreated stack gas of industrial emitters into biofuels, animal feeds, and natural fertilizers. The Company has three reportable segments, one of which is the Nutraceutical Products segment, which includes production and consumer sales, third-party product operations, and distribution. The Technology Services segment includes royalties, microalgal biomass production, consulting, engineering services, construction of biomass production facilities, and corporate services.
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