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Yuenglings Ice Cream (Yuenglings Ice Cream) Earnings Yield (Joel Greenblatt) %

: -1.28% (As of Oct. 2023)
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Yuenglings Ice Cream's Enterprise Value for the quarter that ended in Oct. 2023 was $6.90 Mil. Yuenglings Ice Cream's EBIT for the trailing twelve months (TTM) ended in Oct. 2023 was $-0.09 Mil. Yuenglings Ice Cream's Earnings Yield (Joel Greenblatt) for the quarter that ended in Oct. 2023 was -1.28%.

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

YCRM' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -161.08   Med: 7.2   Max: 10.03
Current: -2.33

During the past 7 years, the highest Earnings Yield (Joel Greenblatt) of Yuenglings Ice Cream was 10.03%. The lowest was -161.08%. And the median was 7.20%.

YCRM's Earnings Yield (Joel Greenblatt) % is ranked worse than
82.01% of 1940 companies
in the Consumer Packaged Goods industry
Industry Median: 5.1 vs YCRM: -2.33

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) %. Yuenglings Ice Cream's Forward Rate of Return (Yacktman) % for the quarter that ended in Oct. 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.


Yuenglings Ice Cream Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Yuenglings Ice Cream'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.

Yuenglings Ice Cream Annual Data
Trend Oct14 Oct15 Oct16 Oct20 Oct21 Oct22 Oct23
Earnings Yield (Joel Greenblatt) %
Premium Member Only Premium Member Only -6.93 -2.68 -10.62 -23.81 -1.28

Yuenglings Ice Cream Quarterly Data
Apr16 Jul16 Oct16 Jan17 Apr17 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 -23.81 -14.64 -20.37 -29.76 -1.28

Competitive Comparison

For the Packaged Foods subindustry, Yuenglings Ice Cream'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.


Yuenglings Ice Cream Earnings Yield (Joel Greenblatt) % Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Yuenglings Ice Cream's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Yuenglings Ice Cream 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.

Yuenglings Ice Creams Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Oct. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-0.088/6.8990641
=-1.28 %

Yuenglings Ice Cream's EBIT for the trailing twelve months (TTM) ended in Oct. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.09 Mil.



Yuenglings Ice Cream  (OTCPK:YCRM) 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.


Yuenglings Ice Cream Earnings Yield (Joel Greenblatt) % Related Terms

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Yuenglings Ice Cream (Yuenglings Ice Cream) Business Description

Traded in Other Exchanges
N/A
Address
One Glenlake Parkway, Suite 650, Atlanta, GA, USA, 30328
Yuenglings Ice Cream Corp operates in the dairy business. It is a food brand development company that builds and represents popular food concepts throughout the United States and international markets. The company manufactures ice creams. Its products include Black & Tan- A swirl of Belgian chocolate and salty caramel ice cream, Butterbeer- buttercream and butterscotch ice cream with a butterscotch swirl, Espresso Chocolate Chip- dark coffee ice cream with rich espresso chocolate chips, etc.
Executives
Tracy Fortner director, officer: Pres, CEO, Treas. & Sec'y 3555 1/2 TIZER LANE, HELENA MT 59602