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Leeward Group Holdings (Leeward Group Holdings) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Mar. 2011)


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What is Leeward Group Holdings Earnings Yield (Joel Greenblatt) %?

Leeward Group Holdings's Enterprise Value for the quarter that ended in Mar. 2011 was $3.56 Mil. Leeward Group Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2011 was $-0.06 Mil. Leeward Group Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2011 was 0.00%.

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

PCPZ's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Business Services industry.
Industry Median: 5.62
* 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) %. Leeward Group Holdings's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2011 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.


Leeward Group Holdings Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Leeward Group Holdings'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.

Leeward Group Holdings Earnings Yield (Joel Greenblatt) % Chart

Leeward Group Holdings Annual Data
Trend May07 May08 May09 Dec10
Earnings Yield (Joel Greenblatt) %
- - - -4.52

Leeward Group Holdings Quarterly Data
May07 Aug07 Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 Jun10 Sep10 Dec10 Mar11
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 - - - - -

Competitive Comparison of Leeward Group Holdings's Earnings Yield (Joel Greenblatt) %

For the Security & Protection Services subindustry, Leeward Group Holdings'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.


Leeward Group Holdings's Earnings Yield (Joel Greenblatt) % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Leeward Group Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Leeward Group Holdings 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.

Leeward Group Holdingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2010 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-0.162/3.581
=-4.52 %

Leeward Group Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2011 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.06 Mil.



Leeward Group Holdings  (GREY:PCPZ) 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.


Leeward Group Holdings Earnings Yield (Joel Greenblatt) % Related Terms

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Leeward Group Holdings (Leeward Group Holdings) Business Description

Traded in Other Exchanges
N/A
Address
65 S. Main Street, Suite A300, Pennington, NJ, USA, 08543
Website
Leeward Group Holdings Inc is a development stage company, through its wholly owned subsidiary, is engaged in the establishment of a customer service oriented security firm specializing in uniformed guard services and private investigations services.

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