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ZONE (CleanCore Solutions) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Dec. 2023)


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What is CleanCore Solutions Earnings Yield (Joel Greenblatt) %?

CleanCore Solutions's Enterprise Value for the quarter that ended in Dec. 2023 was $0.00 Mil. CleanCore Solutions's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.91 Mil. CleanCore Solutions's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 0.00%.

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

ZONE' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -6.71   Med: -4.95   Max: -2.9
Current: -6.24

During the past 3 years, the highest Earnings Yield (Joel Greenblatt) of CleanCore Solutions was -2.90%. The lowest was -6.71%. And the median was -4.95%.

ZONE's Earnings Yield (Joel Greenblatt) % is ranked worse than
88.22% of 3038 companies
in the Industrial Products industry
Industry Median: 4.09 vs ZONE: -6.24

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) %. CleanCore Solutions'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.


CleanCore Solutions Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for CleanCore Solutions'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.

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CleanCore Solutions Earnings Yield (Joel Greenblatt) % Chart

CleanCore Solutions Annual Data
Trend Jun21 Jun22 Jun23
Earnings Yield (Joel Greenblatt) %
- - -

CleanCore Solutions Quarterly Data
Jun21 Mar22 Jun22 Oct22 Mar23 Jun23 Dec23
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial - - - - -

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

For the Pollution & Treatment Controls subindustry, CleanCore Solutions'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.


CleanCore Solutions's Earnings Yield (Joel Greenblatt) % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, CleanCore Solutions's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



CleanCore Solutions 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.

CleanCore Solutionss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 2023 is calculated as

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

CleanCore Solutions'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 $-0.91 Mil.



CleanCore Solutions  (AMEX:ZONE) 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.


CleanCore Solutions Earnings Yield (Joel Greenblatt) % Related Terms

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CleanCore Solutions Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
5920 South 118th Circle, Suite 2, Omaha, NE, USA, 68137
CleanCore Solutions Inc engages in the development and manufacturing of cleaning products that produce pure aqueous ozone for professional, industrial, or home use. The firm has a patented nanobubble technology using aqueous ozone that is effective in cleaning, sanitizing, and deodorizing surfaces and high-touch areas. The company offers products and solutions that are marketed for janitorial and sanitation, ice machine cleaning, laundry, and industrial industries. Its products are used in many types of environments including retail establishments, distribution centers, factories, warehouses, restaurants, schools and universities, airports, healthcare, food service, and commercial buildings such as offices, malls, and stores.

CleanCore Solutions Headlines

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