What is Healthier Choices Management Earnings Yield (Joel Greenblatt) %?
Healthier Choices Management's Enterprise Value for the quarter that ended in Dec. 2023 was $57.61 Mil.
Healthier Choices Management's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-11.87 Mil. Healthier Choices Management's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was -20.62%.
The historical rank and industry rank for Healthier Choices Management's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
HCMC'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -116.28 Med: 25.41 Max: 388.09
Current: -34.72
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Healthier Choices Management was 388.09%. The lowest was -116.28%. And the median was 25.41%.
HCMC's Earnings Yield (Joel Greenblatt) % is ranked worse than 97.18% of 319
companies
in the Retail - Defensive industry
Industry Median: 6.25
vs HCMC: -34.72
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) %. Healthier Choices Management'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.
Healthier Choices Management Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Healthier Choices Management'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.
For the Grocery Stores subindustry, Healthier Choices Management'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.
Healthier Choices Management's Earnings Yield (Joel Greenblatt) % Distribution in the Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Healthier Choices Management's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Healthier Choices Management's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Healthier Choices Managements Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as
Healthier Choices Management'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 $-11.87 Mil.
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.
Healthier Choices Management Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Healthier Choices Management's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Healthier Choices Management (Healthier Choices Management) Business Description
Healthier Choices Management Corp is a United States-based holding company focused on providing consumers with healthier daily choices with respect to nutrition and other lifestyle alternatives. It offers Ada's Natural Market, a natural and organic grocery store offering fresh produce, bulk foods, vitamins, and supplements, Paradise Health & Nutrition's three stores offer fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat, and seafood, Mother Earth's Storehouse, is a two-store organic and health food and vitamin chain, and Greens Natural Foods offers organic produce and all-natural, non-GMO groceries & bulk foods. The operating segments of the company are Grocery and Vapor. Grocery segments account for the majority of its revenue.
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