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Sweet Earth Holdings (Sweet Earth Holdings) Earnings Yield (Joel Greenblatt) % : -59.52% (As of Dec. 2023)


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What is Sweet Earth Holdings Earnings Yield (Joel Greenblatt) %?

Sweet Earth Holdings's Enterprise Value for the quarter that ended in Dec. 2023 was $0.21 Mil. Sweet Earth Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.15 Mil. Sweet Earth Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was -59.52%.

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

SEHCF' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -236000   Med: -79.83   Max: -0.02
Current: -43.48

During the past 4 years, the highest Earnings Yield (Joel Greenblatt) of Sweet Earth Holdings was -0.02%. The lowest was -236000.00%. And the median was -79.83%.

SEHCF's Earnings Yield (Joel Greenblatt) % is ranked worse than
86.56% of 1094 companies
in the Drug Manufacturers industry
Industry Median: 2.275 vs SEHCF: -43.48

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) %. Sweet Earth Holdings's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 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.


Sweet Earth Holdings Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Sweet Earth 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.

Sweet Earth Holdings Earnings Yield (Joel Greenblatt) % Chart

Sweet Earth Holdings Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Earnings Yield (Joel Greenblatt) %
- -29.07 -106.38 -3.61

Sweet Earth Holdings Quarterly Data
Mar19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -357.14 -312.50 -3.61 -0.03 -59.52

Competitive Comparison of Sweet Earth Holdings's Earnings Yield (Joel Greenblatt) %

For the Drug Manufacturers - Specialty & Generic subindustry, Sweet Earth 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.


Sweet Earth Holdings's Earnings Yield (Joel Greenblatt) % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Sweet Earth Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Sweet Earth 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.

Sweet Earth Holdingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-0.056/1.5447712
=-3.63 %

Sweet Earth Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.15 Mil.



Sweet Earth Holdings  (OTCPK:SEHCF) 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.


Sweet Earth Holdings Earnings Yield (Joel Greenblatt) % Related Terms

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Sweet Earth Holdings (Sweet Earth Holdings) Business Description

Traded in Other Exchanges
Address
903-700 West Pender Street, Vancouver, BC, CAN, V6C 1G8
Sweet Earth Holdings Corp is engaged in the business of the sale of hemp pre-roll and skin care products. 'It operates in a single segment, which includes cultivation and processing of hemp cannabidiol in the state of Oregon, USA, and in Cadiz, Spain'.