My last post on this focused on trailing earnings. Trailing earnings have the advantage of being objective, but analysts try to estimate the future. To some degree they succeed, and that becomes the bar by which we measure the progress of companies.
Now fewer companies have analysts following them, and the database that I use is not as reliable on earnings estimates for foreign companies trading on US exchanges. The following table covers a huge percentage (98%+) of the market cap of domestic stocks trading in the US.
Definitions:
- FE Yield: forward earnings yield for the next full 12 fiscal months.
- E Yield: trailing earnings yield for the last twelve months.
- D Yield: dividend yield given the current price.
- F Payout %: what percentage of the next fiscal year’s earnings is comprised by dividends.
- E Growth: how much do the estimated earnings of the next fiscal year increase over the earnings of the last 12 months.
| Industry | FE Yield | E Yield | D Yield | F Payout % | E growth |
| 0906 – Broadcasting & Cable TV |
28.27% |
5.85% |
1.47% |
5% |
384% |
| 0436 – Tires |
21.00% |
15.81% |
0.72% |
3% |
33% |
| 1106 – Airline |
19.29% |
1.80% |
0.08% |
0% |
971% |
| 0709 – Insurance (Life) |
14.46% |
13.36% |
1.77% |
12% |
8% |
| 0412 – Auto & Truck Manufacturers |
14.11% |
26.47% |
0.57% |
4% |
-47% |
| 0966 – Retail (Technology) |
14.05% |
-8.68% |
2.33% |
17% |
-262% |
| 0724 – Money Center Banks |
12.42% |
9.33% |
1.41% |
11% |
33% |
| 1027 – Office Equipment |
12.30% |
10.85% |
2.55% |
21% |
13% |
| 0124 – Metal Mining |
12.02% |
11.23% |
4.18% |
35% |
7% |
| 0606 – Oil & Gas – Integrated |
11.22% |
11.04% |
2.39% |
21% |
2% |
| 1015 – Computer Peripherals |
11.10% |
9.27% |
0.21% |
2% |
20% |
| 0706 – Insurance (Accident & Health) |
11.06% |
9.11% |
1.22% |
11% |
21% |
| 0509 – Crops |
11.05% |
9.06% |
1.23% |
11% |
22% |
| 0930 – Printing Services |
11.04% |
2.80% |
4.37% |
40% |
295% |
| 0121 – Iron & Steel |
10.73% |
3.33% |
2.48% |
23% |
222% |
| 0809 – Major Drugs |
10.49% |
5.80% |
3.60% |
34% |
81% |
| 0118 – Gold & Silver |
10.46% |
1.78% |
1.53% |
15% |
487% |
| 0518 – Office Supplies |
10.40% |
8.42% |
2.51% |
24% |
24% |
| 0133 – Paper & Paper Products |
9.99% |
8.15% |
2.19% |
22% |
23% |
| 0206 – Construction & Agricultural Machinery |
9.70% |
7.02% |
1.56% |
16% |
38% |
| 0730 – S&Ls/Savings Banks |
9.57% |
2.35% |
1.18% |
12% |
308% |
| 0106 – Chemicals – Plastics and Rubbers |
9.51% |
7.13% |
2.04% |
21% |
33% |
| 0727 – Regional Banks |
9.46% |
7.27% |
1.57% |
17% |
30% |
| 0415 – Auto & Truck Parts |
9.45% |
7.75% |
1.38% |
15% |
22% |
| 0603 – Coal |
9.33% |
8.55% |
2.95% |
32% |
9% |
| 0609 – Oil & Gas Operations |
9.29% |
6.98% |
1.48% |
16% |
33% |
| 1024 – Electronic Instruments & Controls |
9.26% |
7.48% |
0.98% |
11% |
24% |
| 0130 – Non-Metallic Mining |
9.11% |
8.66% |
0.54% |
6% |
5% |
| 1006 – Computer Hardware |
8.92% |
6.34% |
0.14% |
2% |
41% |
| 0203 – Aerospace and Defense |
8.80% |
8.37% |
2.23% |
25% |
5% |
| 0927 – Printing & Publishing |
8.59% |
3.34% |
2.12% |
25% |
158% |
| 1112 – Railroads |
8.59% |
6.78% |
1.72% |
20% |
27% |
| 1021 – Computer Storage Devices |
8.57% |
4.69% |
0.00% |
0% |
83% |
| 0109 – Containters & Packaging |
8.50% |
4.22% |
1.57% |
18% |
102% |
| 0612 – Oil Well Services & Equipment |
8.40% |
6.16% |
1.62% |
19% |
36% |
| 1033 – Semiconductors |
8.28% |
6.05% |
1.70% |
21% |
37% |
| 0409 – Audio & Video Equipment |
8.22% |
4.33% |
0.30% |
4% |
90% |
| 0969 – Schools |
8.17% |
10.21% |
0.76% |
9% |
-20% |
| 0951 – Retail (Department & Discount) |
8.16% |
5.72% |
1.96% |
24% |
43% |
| 0127 – Misc. Fabricated Products |
8.08% |
7.02% |
1.00% |
12% |
15% |
| 0703 – Consumer Financial Services |
8.08% |
6.05% |
1.89% |
23% |
33% |
| 0954 – Retail (Drugs) |
8.08% |
6.99% |
1.52% |
19% |
16% |
| 0218 – Misc. Capital Goods |
7.99% |
5.92% |
1.12% |
14% |
35% |
| 0715 – Insurance (Property & Casualty) |
7.97% |
8.27% |
0.83% |
10% |
-4% |
| 0921 – Motion Pictures |
7.92% |
7.80% |
0.98% |
12% |
2% |
| 0924 – Personal Services |
7.81% |
6.61% |
1.98% |
25% |
18% |
| 0718 – Investment Services |
7.67% |
4.89% |
1.86% |
24% |
57% |
| 0103 – Chemical Manufacturing |
7.54% |
5.92% |
1.77% |
23% |
27% |
| 0209 – Construction – Supplies and Fixtures |
7.53% |
4.47% |
2.09% |
28% |
69% |
| 0406 – Appliances & Tools |
7.50% |
5.34% |
1.72% |
23% |
40% |
| 0806 – Healthcare Facilities |
7.49% |
5.18% |
0.10% |
1% |
45% |
| 0503 – Beverages (Alcoholic) |
7.45% |
5.40% |
1.52% |
20% |
38% |
| 0512 – Fish/Livestock |
7.45% |
6.55% |
2.17% |
29% |
14% |
| 1018 – Computer Services |
7.44% |
4.48% |
0.71% |
10% |
66% |
| 1003 – Communications Equipment |
7.39% |
4.95% |
1.06% |
14% |
49% |
| 1103 – Air Courier |
7.36% |
5.54% |
2.04% |
28% |
33% |
| 0957 – Retail (Grocery) |
7.35% |
4.43% |
1.85% |
25% |
66% |
| 0221 – Mobile Homes & RVs |
7.25% |
5.78% |
1.19% |
16% |
25% |
| 0903 – Advertising |
7.16% |
6.26% |
1.63% |
23% |
14% |
| 1036 – Software & Programming |
7.14% |
5.24% |
0.93% |
13% |
36% |
| 0524 – Tobacco |
7.08% |
5.61% |
3.90% |
55% |
26% |
| 1030 – Scientific & Technical Instruments |
7.04% |
5.33% |
1.35% |
19% |
32% |
| 0433 – Textiles – Non-Apparel |
7.00% |
3.95% |
0.09% |
1% |
77% |
| 0812 – Medical Equipment & Supplies |
6.98% |
5.53% |
1.02% |
15% |
26% |
| 0430 – Recreational Products |
6.97% |
4.56% |
1.49% |
21% |
53% |
| 0803 – Biotechnology & Drugs |
6.92% |
4.31% |
2.11% |
30% |
61% |
| 1203 – Electric Utilities |
6.85% |
6.32% |
3.89% |
57% |
8% |
| 0515 – Food Processing |
6.79% |
4.26% |
2.40% |
35% |
59% |
| 0945 – Retail (Apparel) |
6.76% |
5.01% |
1.23% |
18% |
35% |
| 0421 – Furniture & Fixtures |
6.72% |
4.99% |
1.73% |
26% |
35% |
| 0963 – Retail (Specialty Non-Apparel) |
6.61% |
5.44% |
0.75% |
11% |
21% |
| 1115 – Trucking |
6.56% |
2.90% |
0.61% |
9% |
126% |
| 0960 – Retail (Home Improvement) |
6.55% |
4.81% |
1.86% |
28% |
36% |
| 0403 – Apparel/Accessories |
6.55% |
4.20% |
0.77% |
12% |
56% |
| 0939 – Rental & Leasing |
6.55% |
3.07% |
0.53% |
8% |
113% |
| 0112 – Fabricated Plastic & Rubber |
6.53% |
2.58% |
0.74% |
11% |
153% |
| 0712 – Insurance (Miscellaneous) |
6.44% |
5.00% |
1.99% |
31% |
29% |
| 0303 – Conglomerates |
6.39% |
1.87% |
0.31% |
5% |
241% |
| 0521 – Personal & Household Products |
6.37% |
5.03% |
2.65% |
42% |
27% |
| 0506 – Beverages (Non-Alcoholic) |
6.32% |
5.55% |
2.61% |
41% |
14% |
| 0909 – Business Services |
6.29% |
5.06% |
1.13% |
18% |
24% |
| 0936 – Recreational Activities |
6.29% |
4.56% |
2.04% |
32% |
38% |
| 0975 – Waste Management Services |
6.22% |
4.43% |
2.15% |
35% |
40% |
| 0972 – Security Systems & Services |
6.19% |
-1.48% |
1.33% |
21% |
-519% |
| 0942 – Restaurants |
5.99% |
4.98% |
1.93% |
32% |
20% |
| 0915 – Communications Services |
5.98% |
1.28% |
4.73% |
79% |
368% |
| 1209 – Water Utilities |
5.86% |
5.93% |
3.19% |
54% |
-1% |
| 0418 – Footwear |
5.64% |
4.51% |
1.07% |
19% |
25% |
| 1109 – Misc. Transportation |
5.62% |
4.04% |
1.23% |
22% |
39% |
| 0918 – Hotels & Motels |
5.44% |
3.77% |
0.86% |
16% |
44% |
| 0215 – Construction Services |
5.08% |
2.21% |
1.10% |
22% |
130% |
| 0424 – Jewelry & Silverware |
5.01% |
3.56% |
0.04% |
1% |
41% |
| 0427 – Photography |
4.99% |
1.72% |
0.00% |
0% |
189% |
| 1206 – Natural Gas Utilities |
4.91% |
3.56% |
4.01% |
82% |
38% |
| 1012 – Computer Networks |
4.76% |
0.87% |
0.28% |
6% |
445% |
| 1118 – Water Transportation |
4.62% |
-0.91% |
0.75% |
16% |
-607% |
| 0912 – Casinos & Gaming |
4.57% |
6.23% |
1.14% |
25% |
-27% |
| 0948 – Retail (Catalog & Mail Order) |
3.91% |
2.86% |
0.01% |
0% |
37% |
| 0933 – Real Estate Operations |
3.03% |
2.79% |
4.01% |
132% |
9% |
| 0115 – Forestry & Wood Products |
2.14% |
2.13% |
2.60% |
121% |
1% |
| 0212 – Construction – Raw Materials |
2.11% |
-1.93% |
1.38% |
65% |
-209% |
And here it is by sectors:
| Sector | FE Yield | E Yield | D Yield | F Payout % | E growth |
| 06 – Energy |
