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Earthworks Entertainment (Earthworks Entertainment) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Jun. 2006)


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What is Earthworks Entertainment Earnings Yield (Joel Greenblatt) %?

Earthworks Entertainment's Enterprise Value for the quarter that ended in Jun. 2006 was $4.53 Mil. Earthworks Entertainment's EBIT for the trailing twelve months (TTM) ended in Jun. 2006 was $-1.68 Mil. Earthworks Entertainment's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2006 was 0.00%.

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

EWKS's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Media - Diversified industry.
Industry Median: 2.98
* 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) %. Earthworks Entertainment's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2006 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.


Earthworks Entertainment Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Earthworks Entertainment'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.

Earthworks Entertainment Earnings Yield (Joel Greenblatt) % Chart

Earthworks Entertainment Annual Data
Trend Sep96 Sep97 Sep98 Sep99 Sep00 Sep01 Sep02 Sep03 Sep04 Sep05
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -126.58 -129.87 -5.48 -11.34 -20.66

Earthworks Entertainment Quarterly Data
Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06
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 - - - - -

Competitive Comparison of Earthworks Entertainment's Earnings Yield (Joel Greenblatt) %

For the Entertainment subindustry, Earthworks Entertainment'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.


Earthworks Entertainment's Earnings Yield (Joel Greenblatt) % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Earthworks Entertainment's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Earthworks Entertainment 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.

Earthworks Entertainments Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Sep. 2005 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-1.69/8.181551
=-20.66 %

Earthworks Entertainment's EBIT for the trailing twelve months (TTM) ended in Jun. 2006 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.68 Mil.



Earthworks Entertainment  (OTCPK:EWKS) 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.


Earthworks Entertainment Earnings Yield (Joel Greenblatt) % Related Terms

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Earthworks Entertainment (Earthworks Entertainment) Business Description

Traded in Other Exchanges
N/A
Address
14001 North Dallas Parkway, Suite 1200, Dallas, TX, USA, 75420
Website
Earthworks Entertainment Inc is engaged in investments and acquisitions in entertainment segments including, animation, direct response marketing, radio networks and mixed martial arts social networks.

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