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Indigenous Bloom Hemp (Indigenous Bloom Hemp) Earnings Yield (Joel Greenblatt) % : -57.14% (As of Feb. 2023)


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What is Indigenous Bloom Hemp Earnings Yield (Joel Greenblatt) %?

Indigenous Bloom Hemp's Enterprise Value for the quarter that ended in Feb. 2023 was $1.59 Mil. Indigenous Bloom Hemp's EBIT for the trailing twelve months (TTM) ended in Feb. 2023 was $-1.26 Mil. Indigenous Bloom Hemp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Feb. 2023 was -57.14%.

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

VRTHF's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Drug Manufacturers industry.
Industry Median: 2.51
* 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) %. Indigenous Bloom Hemp'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.


Indigenous Bloom Hemp Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Indigenous Bloom Hemp'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.

Indigenous Bloom Hemp Earnings Yield (Joel Greenblatt) % Chart

Indigenous Bloom Hemp Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 May22
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only -51.28 -48.54 -64.52 -22.83 -81.97

Indigenous Bloom Hemp Quarterly Data
Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Nov21 Feb22 May22 Aug22 Feb23
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 -22.42 -93.46 -81.97 -90.91 -57.14

Competitive Comparison of Indigenous Bloom Hemp's Earnings Yield (Joel Greenblatt) %

For the Drug Manufacturers - Specialty & Generic subindustry, Indigenous Bloom Hemp'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.


Indigenous Bloom Hemp's Earnings Yield (Joel Greenblatt) % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Indigenous Bloom Hemp's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Indigenous Bloom Hemp 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.

Indigenous Bloom Hemps Earnings Yield (Joel Greenblatt) for the fiscal year that ended in May. 2022 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-1.775/1.8089024
=-98.13 %

Indigenous Bloom Hemp'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 $-1.26 Mil.



Indigenous Bloom Hemp  (OTCPK:VRTHF) 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.


Indigenous Bloom Hemp Earnings Yield (Joel Greenblatt) % Related Terms

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Indigenous Bloom Hemp (Indigenous Bloom Hemp) Business Description

Traded in Other Exchanges
N/A
Address
3200-650 West Georgia Street, Vancouver, BC, CAN, V6B 4P7
Indigenous Bloom Hemp Corp is in business to produce and sell hemp extracts. It is engaged in the farming and cultivation of hemp biomass for third-party processing to extract cannabidiol (CBD) oils, distillate or isolate. The resulting solution can then be used for the production of many CBD products.