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VIVK (Vivakor) Earnings Yield (Joel Greenblatt) % : -9.30% (As of Jun. 2024)


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What is Vivakor Earnings Yield (Joel Greenblatt) %?

Vivakor's Enterprise Value for the quarter that ended in Jun. 2024 was $93.90 Mil. Vivakor's EBIT for the trailing twelve months (TTM) ended in Jun. 2024 was $-8.73 Mil. Vivakor's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2024 was -9.30%.

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

VIVK' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -67.68   Med: -17.11   Max: 7.65
Current: -10.59

During the past 7 years, the highest Earnings Yield (Joel Greenblatt) of Vivakor was 7.65%. The lowest was -67.68%. And the median was -17.11%.

VIVK's Earnings Yield (Joel Greenblatt) % is ranked worse than
81.95% of 1069 companies
in the Oil & Gas industry
Industry Median: 5.99 vs VIVK: -10.59

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) %. Vivakor's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2024 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.


Vivakor Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Vivakor'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.

Vivakor Earnings Yield (Joel Greenblatt) % Chart

Vivakor Annual Data
Trend Dec07 Dec08 Dec09 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial -0.02 -1.27 -7.10 -37.04 -11.26

Vivakor Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -28.99 -28.99 -11.26 -11.78 -9.30

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

For the Oil & Gas Integrated subindustry, Vivakor'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.


Vivakor's Earnings Yield (Joel Greenblatt) % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Vivakor's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Vivakor 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.

Vivakors Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-6.717/59.65602095
=-11.26 %

Vivakor's EBIT for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-8.73 Mil.



Vivakor  (NAS:VIVK) 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.


Vivakor Earnings Yield (Joel Greenblatt) % Related Terms

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


Vivakor Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Vivakor Inc (NAS:VIVK) » Definitions » Earnings Yield (Joel Greenblatt) %
Traded in Other Exchanges
N/A
Address
5220 Spring Valley Road, Suite LL20, Dallas, TX, USA, 75254
Vivakor Inc is a socially responsible operator, acquirer and developer of technologies and assets in the oil and gas industry, as well as related environmental solutions. It is primarily focused on operating crude oil gathering, storage and transportation facilities, as well as contaminated soil remediation services.
Executives
James H. Ballengee 10 percent owner 2009 CHENAULT DRIVE, SUITE 100, CARROLLTON TX 75006
David Natan director 11190 BISCAYNE BLVD, MIAMI FL 33181
Matthew Nicosia director 2 PARK PLAZA, SUITE 400, IRVINE CA 92614
Al Ferrara director 433 LAWNDALE DRIVE, SOUTH SALT LAKE CITY UT 84115
Trent Philip Staggs director 2067 W. BAMBERGER DRIVE, RIVERTON UT 84065
Spence Joseph S Jr director C/O VIVAKOR, INC., 433 LAWNDALE DRIVE, SOUTH SALT LAKE CITY UT 84115
Tyler Robert Nelson officer: Chief Financial Officer C/O VIVAKOR, INC., 433 LAWNDALE AVENUE, SOUTH SALT LAKE CITY UT 84115
Francis Wen-hou Chen director 1821 JONES STREET, SAN FRANCISCO CA 94109
Fritz Lin director 2590 HOLIDAY ROAD, SUITE 100, CORALVILLE IA 52241
John Gryga director 2590 HOLIDAY ROAD #100, CORALVILLE IA 52241
Tannin J Fuja director, 10 percent owner, officer: CEO and President 2590 HOLIDAY ROAD #100, CORALVILLE IA 52241
Ed Corrente officer: CFO 2590 HOLIDAY ROAD #100, CORALVILLE IA 52241
Nfg, Inc. 10 percent owner 2222 MICHELSON #222-164, IRVINE CA 92612