What is Four Seasons Education (Cayman) Earnings Yield (Joel Greenblatt) %?
Four Seasons Education (Cayman)'s Enterprise Value for the quarter that ended in Aug. 2023 was $-46.37 Mil.
Four Seasons Education (Cayman)'s EBIT for the trailing twelve months (TTM) ended in Aug. 2023 was $-1.36 Mil. Four Seasons Education (Cayman)'s Earnings Yield (Joel Greenblatt) for the quarter that ended in Aug. 2023 was 0.00%.
The historical rank and industry rank for Four Seasons Education (Cayman)'s Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
FEDU'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1355.33 Med: 6.47 Max: 1575.81
Current: 2.82
During the past 8 years, the highest Earnings Yield (Joel Greenblatt) of Four Seasons Education (Cayman) was 1575.81%. The lowest was -1355.33%. And the median was 6.47%.
FEDU's Earnings Yield (Joel Greenblatt) % is not ranked
in the Education industry.
Industry Median: 5.46
vs FEDU: 2.82
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) %. Four Seasons Education (Cayman)'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.
Four Seasons Education (Cayman) Earnings Yield (Joel Greenblatt) % Historical Data
* 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.
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Four Seasons Education (Cayman) Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of Four Seasons Education (Cayman)'s Earnings Yield (Joel Greenblatt) %
For the Education & Training Services subindustry, Four Seasons Education (Cayman)'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.
Four Seasons Education (Cayman)'s Earnings Yield (Joel Greenblatt) % Distribution in the Education Industry
For the Education industry and Consumer Defensive sector, Four Seasons Education (Cayman)'s Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Four Seasons Education (Cayman)'s Earnings Yield (Joel Greenblatt) % falls into.
Four Seasons Education (Cayman) 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.
Four Seasons Education (Cayman)s Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Feb. 2023 is calculated as
For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.
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.
Four Seasons Education (Cayman) Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Four Seasons Education (Cayman)'s Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Four Seasons Education (Cayman) (Four Seasons Education (Cayman)) Business Description
Four Seasons Education (Cayman) Inc is engaged in the provision of after-school education services for kindergarten, elementary and middle school students. The company is a comprehensive educational enterprise that provides research practice services, educational informatization equipment, high-quality educational resources, and teacher training, as well as a digital publishing business, and continues to expand in educational research and educational informatization.
Four Seasons Education (Cayman) (Four Seasons Education (Cayman)) Headlines
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