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Aamaxan Transport Group (Aamaxan Transport Group) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Jun. 2008)


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What is Aamaxan Transport Group Earnings Yield (Joel Greenblatt) %?

Aamaxan Transport Group's Enterprise Value for the quarter that ended in Jun. 2008 was $37.43 Mil. Aamaxan Transport Group's EBIT for the trailing twelve months (TTM) ended in Jun. 2008 was $4.74 Mil. Aamaxan Transport Group's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2008 was 0.00%.

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

AAXT's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Diversified Financial Services industry.
Industry Median: -1.63
* 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) %. Aamaxan Transport Group's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2008 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.


Aamaxan Transport Group Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Aamaxan Transport Group'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.

Aamaxan Transport Group Earnings Yield (Joel Greenblatt) % Chart

Aamaxan Transport Group Annual Data
Trend Jan06 Jan07
Earnings Yield (Joel Greenblatt) %
-322.58 -9.50

Aamaxan Transport Group Quarterly Data
Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Jan08 Jun08
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of Aamaxan Transport Group's Earnings Yield (Joel Greenblatt) %

For the Shell Companies subindustry, Aamaxan Transport Group'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.


Aamaxan Transport Group's Earnings Yield (Joel Greenblatt) % Distribution in the Diversified Financial Services Industry

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

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



Aamaxan Transport Group 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.

Aamaxan Transport Groups Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jan. 2007 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-0.03/0.3159
=-9.50 %

Aamaxan Transport Group's EBIT for the trailing twelve months (TTM) ended in Jun. 2008 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.74 Mil.



Aamaxan Transport Group  (GREY:AAXT) 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.


Aamaxan Transport Group Earnings Yield (Joel Greenblatt) % Related Terms

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Aamaxan Transport Group (Aamaxan Transport Group) Business Description

Traded in Other Exchanges
N/A
Address
31 Walmer Road, Suite 6, Toronto, ON, CAN, M5R 2W7
Website
Aamaxan Transport Group Inc is a development stage company seeking for potential operating businesses and business opportunities with the intent to acquire or merge with such businesses.

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