What is Rewalk Robotics Earnings Yield (Joel Greenblatt) %?
Rewalk Robotics's Enterprise Value for the quarter that ended in Dec. 2023 was $20.57 Mil.
Rewalk Robotics's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-23.61 Mil. Rewalk Robotics's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was -114.94%.
The historical rank and industry rank for Rewalk Robotics's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
LFWD'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -4231.01 Med: -60.32 Max: 1812.09
Current: -163.93
During the past 12 years, the highest Earnings Yield (Joel Greenblatt) of Rewalk Robotics was 1812.09%. The lowest was -4231.01%. And the median was -60.32%.
LFWD's Earnings Yield (Joel Greenblatt) % is ranked worse than 95.85% of 844
companies
in the Medical Devices & Instruments industry
Industry Median: 0.265
vs LFWD: -163.93
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) %. Rewalk Robotics'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.
Rewalk Robotics Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Rewalk Robotics'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.
Competitive Comparison of Rewalk Robotics's Earnings Yield (Joel Greenblatt) %
For the Medical Devices subindustry, Rewalk Robotics'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.
Rewalk Robotics's Earnings Yield (Joel Greenblatt) % Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Rewalk Robotics's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Rewalk Robotics's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Rewalk Roboticss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as
Rewalk Robotics'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 $-23.61 Mil.
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.
Rewalk Robotics Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Rewalk Robotics's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Rewalk Robotics (Rewalk Robotics) Business Description
ReWalk Robotics Ltd is an Israel based medical device company. It is engaged in designing, developing and commercializing the Rewalk systems which are exoskeletons allowing wheelchair-bound individuals to stand and walk once again. It offers two systems, ReWalk Personal which is designed for every day and all day use by individuals at home and in their communities and is custom-fit for each user; and ReWalk Rehabilitation which is designed for the clinical rehabilitation environment where it provides the user with valuable training exercise and therapy. The company generates maximum revenue from the United States and Europe.
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