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Better For You Wellness (Better For You Wellness) Earnings Yield (Joel Greenblatt) % : -81.30% (As of Nov. 2023)


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What is Better For You Wellness Earnings Yield (Joel Greenblatt) %?

Better For You Wellness's Enterprise Value for the quarter that ended in Nov. 2023 was $3.16 Mil. Better For You Wellness's EBIT for the trailing twelve months (TTM) ended in Nov. 2023 was $-2.56 Mil. Better For You Wellness's Earnings Yield (Joel Greenblatt) for the quarter that ended in Nov. 2023 was -81.30%.

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

BFYW' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -285.71   Med: 0   Max: 0
Current: -116.28

BFYW's Earnings Yield (Joel Greenblatt) % is ranked worse than
97.41% of 657 companies
in the Diversified Financial Services industry
Industry Median: -1.74 vs BFYW: -116.28

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) %. Better For You Wellness's Forward Rate of Return (Yacktman) % for the quarter that ended in Nov. 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.


Better For You Wellness Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Better For You Wellness'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.

Better For You Wellness Earnings Yield (Joel Greenblatt) % Chart

Better For You Wellness Annual Data
Trend Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Feb22 Feb23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.15 -11.53 -31.75 -11.04 -58.48

Better For You Wellness Quarterly Data
Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 May21 Aug21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 -30.30 -58.48 -51.28 -90.91 -81.30

Competitive Comparison of Better For You Wellness's Earnings Yield (Joel Greenblatt) %

For the Shell Companies subindustry, Better For You Wellness'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.


Better For You Wellness's Earnings Yield (Joel Greenblatt) % Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Better For You Wellness's Earnings Yield (Joel Greenblatt) % falls into.



Better For You Wellness 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.

Better For You Wellnesss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Feb. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-3.343/5.72418
=-58.40 %

Better For You Wellness's EBIT for the trailing twelve months (TTM) ended in Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.56 Mil.



Better For You Wellness  (OTCPK:BFYW) 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.


Better For You Wellness Earnings Yield (Joel Greenblatt) % Related Terms

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


Better For You Wellness (Better For You Wellness) Business Description

Traded in Other Exchanges
N/A
Address
1349 East Broad Street, Suite 123, Columbus, OH, USA, 43205
Better For You Wellness Inc is a developmental stage company. It seeks to acquire plant-based, better-for- you wellness brands, science, and services for Consumers and Retail.

Better For You Wellness (Better For You Wellness) Headlines

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