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Just Kitchen Holdings (TSXV:JK) Earnings Yield (Joel Greenblatt) % : -188.68% (As of Mar. 2023)


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What is Just Kitchen Holdings Earnings Yield (Joel Greenblatt) %?

Just Kitchen Holdings's Enterprise Value for the quarter that ended in Mar. 2023 was C$9.12 Mil. Just Kitchen Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2023 was C$-17.06 Mil. Just Kitchen Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2023 was -188.68%.

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

TSXV:JK's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Restaurants industry.
Industry Median: 3.57
* 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) %. Just Kitchen Holdings's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 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.


Just Kitchen Holdings Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Just Kitchen Holdings'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.

Just Kitchen Holdings Earnings Yield (Joel Greenblatt) % Chart

Just Kitchen Holdings Annual Data
Trend Sep20 Sep21 Sep22
Earnings Yield (Joel Greenblatt) %
- -10.41 -178.57

Just Kitchen Holdings Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 -30.03 -92.59 -178.57 -161.29 -188.68

Competitive Comparison of Just Kitchen Holdings's Earnings Yield (Joel Greenblatt) %

For the Restaurants subindustry, Just Kitchen Holdings'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.


Just Kitchen Holdings's Earnings Yield (Joel Greenblatt) % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Just Kitchen Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Just Kitchen Holdings 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.

Just Kitchen Holdingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Sep. 2022 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-17.389/9.794768
=-177.53 %

Just Kitchen Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-17.06 Mil.



Just Kitchen Holdings  (TSXV:JK) 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.


Just Kitchen Holdings Earnings Yield (Joel Greenblatt) % Related Terms

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Just Kitchen Holdings (TSXV:JK) Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 1430, Vancouver, BC, CAN, V6C 2V6
Just Kitchen Holdings Corp is a cloud kitchen meal preparation company with operations in Taiwan, Hong Kong, Singapore, Philippines, Malaysia, and Thailand. The Company combines advanced food preparation with underused real estate and leverages online mobile application-based food ordering and delivery companies reaching wider geographies, which includes under-served markets. The company's business model combines strategically located cloud kitchens or virtual kitchens in a hub-and-spoke infrastructure throughout high-density urban areas.

Just Kitchen Holdings (TSXV:JK) Headlines

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