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UBXG (U-BX Technology) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Dec. 2023)


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What is U-BX Technology Earnings Yield (Joel Greenblatt) %?

U-BX Technology's Enterprise Value for the quarter that ended in Dec. 2023 was $0.00 Mil. U-BX Technology's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.37 Mil. U-BX Technology's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 0.00%.

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

UBXG' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -7.16   Med: 0.19   Max: 3.12
Current: -7.16

During the past 4 years, the highest Earnings Yield (Joel Greenblatt) of U-BX Technology was 3.12%. The lowest was -7.16%. And the median was 0.19%.

UBXG's Earnings Yield (Joel Greenblatt) % is ranked worse than
76.01% of 2843 companies
in the Software industry
Industry Median: 1.36 vs UBXG: -7.16

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) %. U-BX Technology'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.


U-BX Technology Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for U-BX Technology'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.

U-BX Technology Earnings Yield (Joel Greenblatt) % Chart

U-BX Technology Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Earnings Yield (Joel Greenblatt) %
- - - -

U-BX Technology Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial - - - - -

Competitive Comparison of U-BX Technology's Earnings Yield (Joel Greenblatt) %

For the Software - Infrastructure subindustry, U-BX Technology'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.


U-BX Technology's Earnings Yield (Joel Greenblatt) % Distribution in the Software Industry

For the Software industry and Technology sector, U-BX Technology's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where U-BX Technology's Earnings Yield (Joel Greenblatt) % falls into.



U-BX Technology 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.

U-BX Technologys Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=0.245/0
= %

For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.



U-BX Technology  (NAS:UBXG) 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.


U-BX Technology Earnings Yield (Joel Greenblatt) % Related Terms

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U-BX Technology Business Description

Industry
Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 1 Linkong Er Road, Shunyi District, Zhongguan Science and Technology Park, Beijing, CHN
Website
U-BX Technology Ltd is focused on providing value-added services using artificial intelligence-driven technology to businesses within the insurance industry, including insurance carriers and brokers. It helps institutional clients obtain visibility on various social media platforms and generate revenue based on consumers' clicks, views, or its clients' promotion time through those channels. The company has also developed an algorithm named Magic Mirror to calculate payout risks for insurance carriers to underwrite auto insurance coverage.

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