Westell Technologies's Enterprise Value for the quarter that ended in Sep. 2023 was $4.40 Mil.
Westell Technologies's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $1.33 Mil. Westell Technologies's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2023 was 14.35%.
The historical rank and industry rank for Westell Technologies's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
WSTL'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -7970.85 Med: -39.42 Max: 2933.16
Current: 23.26
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Westell Technologies was 2933.16%. The lowest was -7970.85%. And the median was -39.42%.
WSTL's Earnings Yield (Joel Greenblatt) % is ranked better than 94.14% of 2474
companies
in the Hardware industry
Industry Median: 3.315
vs WSTL: 23.26
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) %. Westell Technologies'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.
Westell Technologies Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Westell 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.
Westell Technologies Annual Data
Trend
Mar12
Mar13
Mar14
Mar15
Mar16
Mar17
Mar18
Mar19
Mar20
Mar21
Earnings Yield (Joel Greenblatt) %
-23.04
-5.24
-116.28
116.28
96.15
Westell Technologies Semi-Annual Data
Sep12
Mar13
Sep13
Mar14
Sep14
Mar15
Sep15
Mar16
Sep16
Mar17
Sep17
Mar18
Sep18
Mar19
Sep19
Mar20
Sep20
Mar21
Sep22
Sep23
Earnings Yield (Joel Greenblatt) %
116.28
-169.49
96.15
2.96
14.35
Competitive Comparison
For the Communication Equipment subindustry, Westell 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.
Westell Technologies Earnings Yield (Joel Greenblatt) % Distribution
For the Hardware industry and Technology sector, Westell Technologies's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Westell Technologies'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.
Westell Technologiess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2021 is calculated as
For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.
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.
Westell Technologies Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Westell Technologies's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Westell Technologies (Westell Technologies) Business Description
Westell Technologies Inc is a provider of wireless network infrastructure solutions. It is organized into the following operating segments, In-Building Wireless (IBW), Intelligent Site Management (ISM), and Communications Network Solutions (CNS). IBW segment solutions enable cellular and public safety coverage in stadiums, arenas, malls, buildings, and other indoor areas not served well or at all by the existing macro outdoor cellular network. ISM segment solutions include a suite of remote units, which provide machine-to-machine communications that enable operators to remotely monitor, manage, and control physical site infrastructure and support systems. The majority of revenue is derived from the CNS segment Geographically, it derives a majority of revenue from the USA.
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