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Humatech (Humatech) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Jul. 2006)


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What is Humatech Earnings Yield (Joel Greenblatt) %?

Humatech's Enterprise Value for the quarter that ended in Jul. 2006 was $5.22 Mil. Humatech's EBIT for the trailing twelve months (TTM) ended in Jul. 2006 was $-0.57 Mil. Humatech's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jul. 2006 was 0.00%.

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

HUMT's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Agriculture industry.
Industry Median: 4.645
* 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) %. Humatech's Forward Rate of Return (Yacktman) % for the quarter that ended in Jul. 2006 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.


Humatech Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Humatech'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.

Humatech Earnings Yield (Joel Greenblatt) % Chart

Humatech Annual Data
Trend Apr99 Apr00 Apr01 Apr02 Apr03 Apr04 Apr05 Apr06
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial -15.38 -14.71 -34.48 -36.23 -11.68

Humatech Quarterly Data
Oct01 Jan02 Apr02 Jul02 Oct02 Jan03 Apr03 Jul03 Oct03 Jan04 Apr04 Jul04 Oct04 Jan05 Apr05 Jul05 Oct05 Jan06 Apr06 Jul06
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 - - - - -

Competitive Comparison of Humatech's Earnings Yield (Joel Greenblatt) %

For the Agricultural Inputs subindustry, Humatech'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.


Humatech's Earnings Yield (Joel Greenblatt) % Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Humatech's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Humatech 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.

Humatechs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Apr. 2006 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-0.526/4.50149
=-11.69 %

Humatech's EBIT for the trailing twelve months (TTM) ended in Jul. 2006 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.57 Mil.



Humatech  (OTCPK:HUMT) 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.


Humatech Earnings Yield (Joel Greenblatt) % Related Terms

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Humatech (Humatech) Business Description

Industry
Traded in Other Exchanges
N/A
Address
19416 Park Row, Suite 170, Houston, TX, USA, 77084
Humatech Inc manufactures and distributes mineral-based animal feed supplements to the animal feeding industry. The company also manufactures and distributes organic-based fertilizer products to two primary groups: commercial growers of agricultural crops, and mass merchandisers and independent nurseries in the retail lawn and garden market.

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