What is Intertainment Media Earnings Yield (Joel Greenblatt) %?
Intertainment Media's Enterprise Value for the quarter that ended in Mar. 2016 was $3.07 Mil.
Intertainment Media's EBIT for the trailing twelve months (TTM) ended in Mar. 2016 was $1.37 Mil. Intertainment Media's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2016 was 51.02%.
The historical rank and industry rank for Intertainment Media's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
ITMTF's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Media - Diversified industry.
Industry Median: 2.965 * 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) %. Intertainment Media's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2016 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.
Intertainment Media Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Intertainment Media'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.
Intertainment Media Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of Intertainment Media's Earnings Yield (Joel Greenblatt) %
For the Advertising Agencies subindustry, Intertainment Media'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.
Intertainment Media's Earnings Yield (Joel Greenblatt) % Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Intertainment Media's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Intertainment Media's Earnings Yield (Joel Greenblatt) % falls into.
Intertainment Media 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.
Intertainment Medias Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 2015 is calculated as
Intertainment Media's EBIT for the trailing twelve months (TTM) ended in Mar. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.37 Mil.
Intertainment Media (GREY:ITMTF) 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.
Intertainment Media Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Intertainment Media's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Intertainment Media (Intertainment Media) Business Description
Intertainment Media Inc focuses on developing, nurturing and investing technologies and companies that provide technology solutions for brands and consumers alike. It focuses on its investment portfolio. It has equity investments in technologies and social media platforms, including Yappn Corp. (Yappn), Lexifone and Active ImageNation Inc. Yappn provides an end-to-end multilingual e-commerce solution for companies various through Windrose Global E-commerce framework (WGE). WGE's suite includes various tools for multilingual marketing, shopping and customer support. Lexifone offers an in-call interpretation service. Active ImageNation Inc. offers Cap That, a technology platform that allows consumers, studios, and professionals to capture and manipulate video.
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