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Silver Star Energy (Silver Star Energy) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Sep. 2007)


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What is Silver Star Energy Earnings Yield (Joel Greenblatt) %?

Silver Star Energy's Enterprise Value for the quarter that ended in Sep. 2007 was $1.91 Mil. Silver Star Energy's EBIT for the trailing twelve months (TTM) ended in Sep. 2007 was $-2.00 Mil. Silver Star Energy's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2007 was 0.00%.

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

SVSE's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Oil & Gas industry.
Industry Median: 6.26
* Ranked among companies with meaningful Earnings Yield (Joel Greenblatt) % only.

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) %. Silver Star Energy's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2007 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.


Silver Star Energy Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Silver Star Energy'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.

Silver Star Energy Earnings Yield (Joel Greenblatt) % Chart

Silver Star Energy Annual Data
Trend Dec03 Dec04 Dec05 Dec06
Earnings Yield (Joel Greenblatt) %
-0.05 -1.04 -0.09 -42.19

Silver Star Energy Quarterly Data
Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07
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 - - - - -

Competitive Comparison of Silver Star Energy's Earnings Yield (Joel Greenblatt) %

For the Oil & Gas E&P subindustry, Silver Star Energy'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.


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

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

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



Silver Star Energy 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.

Silver Star Energys Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2006 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-3.471/8.20905
=-42.28 %

Silver Star Energy's EBIT for the trailing twelve months (TTM) ended in Sep. 2007 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.00 Mil.



Silver Star Energy  (OTCPK:SVSE) 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.


Silver Star Energy Earnings Yield (Joel Greenblatt) % Related Terms

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Silver Star Energy (Silver Star Energy) Business Description

Industry
Traded in Other Exchanges
N/A
Address
9595 Wilshire Boulevard, Suite 900, Beverly Hills, CA, USA, 90212
Website
Silver Star Energy Inc is an early-stage energy company engaged in the exploration and development of oil and natural gas reserves throughout western North America.
Executives
Scott Marshall 10 percent owner 2435 WEST 7TH AVENUE VANCOUVER A1 00000
Gordon Samson director 9595 WILSHIRE BLVD., SUITE 900 BEVERLY HILLS CA 90212
Robert Bruce Mcintosh director, officer: President 504 THRASHER STREET, NORCROSS GA 30071

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