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OneSoft Solutions (TSXV:OSS) Earnings Yield (Joel Greenblatt) % : -1.71% (As of Dec. 2023)


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What is OneSoft Solutions Earnings Yield (Joel Greenblatt) %?

OneSoft Solutions's Enterprise Value for the quarter that ended in Dec. 2023 was C$86.71 Mil. OneSoft Solutions's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$-1.49 Mil. OneSoft Solutions's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was -1.71%.

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

TSXV:OSS' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -144353.74   Med: -7.41   Max: 1894.74
Current: -1.67

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of OneSoft Solutions was 1894.74%. The lowest was -144353.74%. And the median was -7.41%.

TSXV:OSS's Earnings Yield (Joel Greenblatt) % is ranked worse than
64.47% of 2868 companies
in the Software industry
Industry Median: 1.275 vs TSXV:OSS: -1.67

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) %. OneSoft Solutions's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 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.


OneSoft Solutions Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for OneSoft Solutions'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.

OneSoft Solutions Earnings Yield (Joel Greenblatt) % Chart

OneSoft Solutions Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.33 -5.67 -7.61 -7.12 -1.71

OneSoft Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -7.12 -5.82 -4.00 -2.16 -1.71

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

For the Software - Application subindustry, OneSoft Solutions'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.


OneSoft Solutions's Earnings Yield (Joel Greenblatt) % Distribution in the Software Industry

For the Software industry and Technology sector, OneSoft Solutions's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



OneSoft Solutions 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.

OneSoft Solutionss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-1.487/86.7075
=-1.71 %

OneSoft Solutions's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1.49 Mil.



OneSoft Solutions  (TSXV:OSS) 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.


OneSoft Solutions Earnings Yield (Joel Greenblatt) % Related Terms

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


OneSoft Solutions (TSXV:OSS) Business Description

Industry
Traded in Other Exchanges
Address
10230 Jasper Avenue, Suite 4227, Enterprise Square, Edmonton, AB, CAN, T5J 4P6
OneSoft Solutions Inc is a provider of software solutions for select markets, all of which are developed using Microsoft's new Cloud technologies. Its mission is to acquire, manage and build next-generation software businesses that will provide specialized, mission-critical cloud software solutions to address customer needs. It has developed software technology and products that have the capability to transition legacy, on-premise licensed software applications to operate on the Microsoft Azure Cloud Platform. It seeks opportunities to incorporate Data Science and Machine Learning, business intelligence and predictive analytics to create cost-efficient, subscription-based software-as-a-service solutions. The Company generates it's majority of the revenue from USA..
Executives
David Shong-tak Tam Senior Officer