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Tarsier (Tarsier) Earnings Yield (Joel Greenblatt) % : 6.65% (As of Aug. 2023)


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What is Tarsier Earnings Yield (Joel Greenblatt) %?

Tarsier's Enterprise Value for the quarter that ended in Aug. 2023 was $12.55 Mil. Tarsier's EBIT for the trailing twelve months (TTM) ended in Aug. 2023 was $0.84 Mil. Tarsier's Earnings Yield (Joel Greenblatt) for the quarter that ended in Aug. 2023 was 6.65%.

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

TAER' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -209.3   Med: -80.78   Max: 8.45
Current: 6.13

During the past 9 years, the highest Earnings Yield (Joel Greenblatt) of Tarsier was 8.45%. The lowest was -209.30%. And the median was -80.78%.

TAER's Earnings Yield (Joel Greenblatt) % is ranked better than
57.3% of 1946 companies
in the Consumer Packaged Goods industry
Industry Median: 4.895 vs TAER: 6.13

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) %. Tarsier's Forward Rate of Return (Yacktman) % for the quarter that ended in Aug. 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.


Tarsier Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Tarsier'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.

Tarsier Earnings Yield (Joel Greenblatt) % Chart

Tarsier Annual Data
Trend Sep08 Sep09 Sep10 May12 May13 May14 May15 May22 May23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only 4.86 - -0.26 66.67 -11.30

Tarsier Quarterly Data
Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 Nov21 May22 Nov22 May23 Aug23
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 Premium Member Only 23.15 66.67 5.24 -11.30 6.65

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

For the Farm Products subindustry, Tarsier'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.


Tarsier's Earnings Yield (Joel Greenblatt) % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tarsier's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Tarsier 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.

Tarsiers Earnings Yield (Joel Greenblatt) for the fiscal year that ended in May. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-1.42/12.5649
=-11.30 %

Tarsier's EBIT for the trailing twelve months (TTM) ended in Aug. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.84 Mil.



Tarsier  (OTCPK:TAER) 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.


Tarsier Earnings Yield (Joel Greenblatt) % Related Terms

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


Tarsier (Tarsier) Business Description

Traded in Other Exchanges
N/A
Address
750 Lexington Avenue, New York, NY, USA, 10022
Tarsier Ltd through its wholly owned subsidiary operates as an agribusiness and food company. It operates through four segments: Agribusiness, Refined and Specialty Oils, Milling, and Sugar and Bioenergy. The Agribusiness segment purchases, stores, transports, processes, and sells agricultural commodities and commodity products as well as grains, and processes oilseeds into vegetable oils and protein meals. The Refined and Specialty Oils segment sells packaged and bulk oils and fats that include cooking oils, shortenings, margarines, mayonnaise, and other products. The Milling segment provides wheat flour and bakery mixes; corn milling products that comprise dry-milled corn meals and flours, wet-milled masa and flours, flaking and brewer's grits, and other products.
Executives
Isaac H Sutton director, officer: Chief Executive Officer 475 PARK AVENUE SOUTH, 30TH FLOOR, NEW YORK NY 10016
Wenjun Li officer: Chief Marketing Officer 51 HUILINGXI ROAD, ZHOUHUIZHENG, WUJIN DISTRICT, CHANGZHOU, JIANGSI PROVINCE F4 213022
Zhiqiang Zhou officer: CTO 51 HUILINGXI ROAD, ZHOUHUIZHENG, WUJIN DISTRICT, CHANGZHOU, JIANGSI PROVINCE F4 213022
Liuzhi Gan officer: CFO 51 HUILINGXI ROAD, ZHOUHUIZHENG, WUJIN DISTRICT, CHANGZHOU, JIANGSI PROVINCE F4 213022
Shudong Pan director, 10 percent owner, officer: CEO 51 HUILINGXI ROAD, ZHOUHUIZHENG, WUJIN DISTRICT, CHANGZHOU, JIANGSI PROVINCE F4 213022
Xinmei Li director 51 HUILINGXI ROAD, ZHOUHUIZHENG, WUJIN DISTRICT, CHANGZHOU, JIANGSI PROVINCE F4 213022
Yi Guo officer: Vice President 2656 MCBAIN AVENUE, VANCOUVER A1 V6L2C8
Huakang Zhou 10 percent owner 18 QUAIL RUN, WARREN NJ 07059

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