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Liquid Meta Capital Holdings (NEOE:LIQD) Earnings Yield (Joel Greenblatt) % : -104.17% (As of Feb. 2024)


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What is Liquid Meta Capital Holdings Earnings Yield (Joel Greenblatt) %?

Liquid Meta Capital Holdings's Enterprise Value for the quarter that ended in Feb. 2024 was C$-1.45 Mil. Liquid Meta Capital Holdings's EBIT for the trailing twelve months (TTM) ended in Feb. 2024 was C$1.51 Mil. Liquid Meta Capital Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Feb. 2024 was -104.17%.

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

NEOE:LIQD' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1181.71   Med: 112.77   Max: 7131.85
Current: -59.17

During the past 3 years, the highest Earnings Yield (Joel Greenblatt) of Liquid Meta Capital Holdings was 7131.85%. The lowest was -1181.71%. And the median was 112.77%.

NEOE:LIQD's Earnings Yield (Joel Greenblatt) % is not ranked
in the Software industry.
Industry Median: 1.37 vs NEOE:LIQD: -59.17

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) %. Liquid Meta Capital Holdings's Forward Rate of Return (Yacktman) % for the quarter that ended in Feb. 2024 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.


Liquid Meta Capital Holdings Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Liquid Meta Capital Holdings'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.

Liquid Meta Capital Holdings Earnings Yield (Joel Greenblatt) % Chart

Liquid Meta Capital Holdings Annual Data
Trend May21 May22 May23
Earnings Yield (Joel Greenblatt) %
- 103.09 256.41

Liquid Meta Capital Holdings Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 107.53 256.41 232.56 -24.57 -104.17

Competitive Comparison of Liquid Meta Capital Holdings's Earnings Yield (Joel Greenblatt) %

For the Software - Application subindustry, Liquid Meta Capital Holdings'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.


Liquid Meta Capital Holdings's Earnings Yield (Joel Greenblatt) % Distribution in the Software Industry

For the Software industry and Technology sector, Liquid Meta Capital Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Liquid Meta Capital Holdings's Earnings Yield (Joel Greenblatt) % falls into.



Liquid Meta Capital Holdings 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.

Liquid Meta Capital Holdingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in May. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-9.09/-3.51314
=258.74 %

Liquid Meta Capital Holdings's EBIT for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$1.51 Mil.



Liquid Meta Capital Holdings  (NEOE:LIQD) 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.


Liquid Meta Capital Holdings Earnings Yield (Joel Greenblatt) % Related Terms

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Liquid Meta Capital Holdings (NEOE:LIQD) Business Description

Traded in Other Exchanges
Address
700 - 401 West Georgia Street, Vancouver, BC, CAN, V6B 5A1
Liquid Meta Capital Holdings Ltd is a decentralized finance infrastructure and technology company that is powering the next generation of open-access protocols and applications. The company is creating the bridge between traditional and decentralized finance while ushering in a new era of financial infrastructure.

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