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Visiber57 (OTCPK:VCOR) Earnings Yield (Joel Greenblatt) %

: -0.28% (As of Feb. 2023)
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Visiber57's Enterprise Value for the quarter that ended in Feb. 2023 was $18.06 Mil. Visiber57's EBIT for the trailing twelve months (TTM) ended in Feb. 2023 was $-0.05 Mil. Visiber57's Earnings Yield (Joel Greenblatt) for the quarter that ended in Feb. 2023 was -0.28%.

The historical rank and industry rank for Visiber57's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

VCOR's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Diversified Financial Services industry.
Industry Median: -1.735
* 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) %. Visiber57's Forward Rate of Return (Yacktman) % for the quarter that ended in Feb. 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.


Visiber57 Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Visiber57'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.

Visiber57 Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22
Earnings Yield (Joel Greenblatt) %
Premium Member Only Premium Member Only Premium Member Only -0.83 -0.52 -0.36 -0.51 -0.64

Visiber57 Quarterly Data
May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23
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 -0.64 -0.61 -0.64 -0.70 -0.28

Competitive Comparison

For the Shell Companies subindustry, Visiber57'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.


Visiber57 Earnings Yield (Joel Greenblatt) % Distribution

For the Diversified Financial Services industry and Financial Services sector, Visiber57's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Visiber57's Earnings Yield (Joel Greenblatt) % falls into.



Visiber57 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.

Visiber57s Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Aug. 2022 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-0.045/7
=-0.64 %

Visiber57's EBIT for the trailing twelve months (TTM) ended in Feb. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.05 Mil.



Visiber57  (OTCPK:VCOR) 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.


Visiber57 Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Visiber57's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Visiber57 (OTCPK:VCOR) Business Description

Traded in Other Exchanges
N/A
Address
Yanping North Road, No. 104-2F, Section 1, Datong District, Taipei, TWN, 10341
Visiber57 Corp is a shell company.
Executives
Chip Jin Eng officer: Chief Financial Officer UNIT B19, 9/F, EFFICIENCY HOUSE, 35 TAI YAU ST, SAN PO KONG, KOWLOON K3 00000
Choong Jeng Hew director, 10 percent owner, officer: CEO & President UNIT B19, 9/F, EFFICIENCY HOUSE, 35 TAI YAU ST, SAN PO KONG, KOWLOON K3 0000000
57 Society International Ltd 10 percent owner UNIT B19, 9/F EFFICIENCY HOUSE, 35 TAI YAU STREET, SAN PO KONG, KOWLOON K3 00000

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