Thermwood (Thermwood) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Jul. 2001)

Thermwood Earnings Yield (Joel Greenblatt) % Chart

Thermwood Annual Data
	Trend	Jul92	Jul93	Jul94	Jul95	Jul96	Jul97	Jul98	Jul99	Jul00	Jul01
Earnings Yield (Joel Greenblatt) %		Get a 7-Day Free Trial					13.77	16.81	10.55	18.05	0.39

Thermwood Quarterly Data
	Oct96	Jan97	Apr97	Jul97	Oct97	Jan98	Apr98	Jul98	Oct98	Jan99	Apr99	Jul99	Oct99	Jan00	Apr00	Jul00	Oct00	Jan01	Apr01	Jul01
Earnings Yield (Joel Greenblatt) %	Get a 7-Day Free Trial															-	-	-	-	-

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

For the Specialty Industrial Machinery subindustry, Thermwood'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.

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

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

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

Thermwood 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.

Thermwoods Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jul. 2001 is calculated as

Thermwood's EBIT for the trailing twelve months (TTM) ended in Jul. 2001 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.06 Mil.

Thermwood  (OTCPK:TOOD) 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.

Thermwood Earnings Yield (Joel Greenblatt) % Related Terms

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Thermwood (Thermwood) Business Description