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TUP Capital (TSXV:TUP.P) Earnings Yield (Joel Greenblatt) % : -384.62% (As of Nov. 2023)


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What is TUP Capital Earnings Yield (Joel Greenblatt) %?

TUP Capital's Enterprise Value for the quarter that ended in Nov. 2023 was C$0.04 Mil. TUP Capital's EBIT for the trailing twelve months (TTM) ended in Nov. 2023 was C$-0.16 Mil. TUP Capital's Earnings Yield (Joel Greenblatt) for the quarter that ended in Nov. 2023 was -384.62%.

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

TSXV:TUP.P' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -172.54   Med: 0   Max: 3952.59
Current: 200

During the past 3 years, the highest Earnings Yield (Joel Greenblatt) of TUP Capital was 3952.59%. The lowest was -172.54%. And the median was 0.00%.

TSXV:TUP.P's Earnings Yield (Joel Greenblatt) % is not ranked
in the Diversified Financial Services industry.
Industry Median: -1.77 vs TSXV:TUP.P: 200.00

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) %. TUP Capital'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.


TUP Capital Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for TUP 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.

TUP Capital Earnings Yield (Joel Greenblatt) % Chart

TUP Capital Annual Data
Trend Feb21 Feb22 Feb23
Earnings Yield (Joel Greenblatt) %
- -178.57 -80.65

TUP Capital Quarterly Data
Aug20 Nov20 Feb21 May21 Aug21 Nov21 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 1,428.57 -80.65 175.44 285.71 -384.62

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

For the Shell Companies subindustry, TUP 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.


TUP Capital's Earnings Yield (Joel Greenblatt) % Distribution in the Diversified Financial Services Industry

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

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



TUP 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.

TUP Capitals Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Feb. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-0.134/0.166
=-80.72 %

TUP Capital'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 C$-0.16 Mil.



TUP Capital  (TSXV:TUP.P) 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.


TUP Capital Earnings Yield (Joel Greenblatt) % Related Terms

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


TUP Capital (TSXV:TUP.P) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
100 King Street West, Suite 3400, One First Canadian Place, Toronto, ON, CAN, M5X 1A4
Website
TUP Capital Inc is a a capital pool company.

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