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Registered Plan Private Investments (Registered Plan Private Investments) Earnings Yield (Joel Greenblatt) % : -121.95% (As of Dec. 2019)


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What is Registered Plan Private Investments Earnings Yield (Joel Greenblatt) %?

Registered Plan Private Investments's Enterprise Value for the quarter that ended in Dec. 2019 was $0.67 Mil. Registered Plan Private Investments's EBIT for the trailing twelve months (TTM) ended in Dec. 2019 was $-0.87 Mil. Registered Plan Private Investments's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2019 was -121.95%.

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

LXGTF's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Asset Management industry.
Industry Median: 0
* 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) %. Registered Plan Private Investments's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2019 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.


Registered Plan Private Investments Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Registered Plan Private Investments'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.

Registered Plan Private Investments Earnings Yield (Joel Greenblatt) % Chart

Registered Plan Private Investments Annual Data
Trend Dec16 Dec17 Dec18 Dec19
Earnings Yield (Joel Greenblatt) %
- -10.68 -57.47 -121.95

Registered Plan Private Investments Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 -57.47 -136.99 -153.85 -212.77 -121.95

Competitive Comparison of Registered Plan Private Investments's Earnings Yield (Joel Greenblatt) %

For the Asset Management subindustry, Registered Plan Private Investments'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.


Registered Plan Private Investments's Earnings Yield (Joel Greenblatt) % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Registered Plan Private Investments's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Registered Plan Private Investments's Earnings Yield (Joel Greenblatt) % falls into.



Registered Plan Private Investments 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.

Registered Plan Private Investmentss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2019 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-0.873/0.6678684
=-130.71 %

Registered Plan Private Investments's EBIT for the trailing twelve months (TTM) ended in Dec. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.87 Mil.



Registered Plan Private Investments  (OTCPK:LXGTF) 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.


Registered Plan Private Investments Earnings Yield (Joel Greenblatt) % Related Terms

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


Registered Plan Private Investments (Registered Plan Private Investments) Business Description

Traded in Other Exchanges
N/A
Address
1055 West Hastings Street, Suite 1900, Vancouver, BC, CAN, V6E 2E9
Registered Plan Private Investments Inc is a private investment platform company that allows investors to use their Registered Plans (including registered retirement savings plans, registered education savings plans, tax-free savings accounts, registered retirement income funds, and registered disability savings plans) at their direction to invest in private companies by purchasing tracking shares in RPPI, which in turn uses these proceeds to invest in the specific private company chosen by the investor.

Registered Plan Private Investments (Registered Plan Private Investments) Headlines

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