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Crown Baus Capital (Crown Baus Capital) Earnings Yield (Joel Greenblatt) % : -11.60% (As of Jul. 2023)


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What is Crown Baus Capital Earnings Yield (Joel Greenblatt) %?

Crown Baus Capital's Enterprise Value for the quarter that ended in Jul. 2023 was $0.27 Mil. Crown Baus Capital's EBIT for the trailing twelve months (TTM) ended in Jul. 2023 was $-0.03 Mil. Crown Baus Capital's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jul. 2023 was -11.60%.

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

CBCA' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -75.19   Med: 0   Max: 0
Current: -11.56

CBCA's Earnings Yield (Joel Greenblatt) % is not ranked
in the Conglomerates industry.
Industry Median: 6.88 vs CBCA: -11.56

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) %. Crown Baus Capital's Forward Rate of Return (Yacktman) % for the quarter that ended in Jul. 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.


Crown Baus Capital Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Crown Baus Capital'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.

Crown Baus Capital Earnings Yield (Joel Greenblatt) % Chart

Crown Baus Capital Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.07 -0.25 -0.03 -7.33 -6.05

Crown Baus Capital Quarterly Data
Jul13 Oct13 Jan14 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23
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 -7.33 -7.33 -7.75 -6.05 -11.60

Competitive Comparison of Crown Baus Capital's Earnings Yield (Joel Greenblatt) %

For the Conglomerates subindustry, Crown Baus Capital'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.


Crown Baus Capital's Earnings Yield (Joel Greenblatt) % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Crown Baus Capital's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Crown Baus Capital's Earnings Yield (Joel Greenblatt) % falls into.



Crown Baus Capital 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.

Crown Baus Capitals Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Apr. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-0.015/0.248105
=-6.05 %

Crown Baus Capital's EBIT for the trailing twelve months (TTM) ended in Jul. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.03 Mil.



Crown Baus Capital  (OTCPK:CBCA) 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.


Crown Baus Capital Earnings Yield (Joel Greenblatt) % Related Terms

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Crown Baus Capital (Crown Baus Capital) Business Description

Traded in Other Exchanges
N/A
Address
2383 King George Boulevard, Suite 204, Surrey, BC, CAN, V4A5A4
Crown Baus Capital Corp is a shell company, which is focused on becoming a global acquisitions-based company targeting high tech industries, and financial services.

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