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MUTOH HOLDINGS Co (TSE:7999) Earnings Yield (Joel Greenblatt) % : 144.93% (As of Dec. 2023)


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What is MUTOH HOLDINGS Co Earnings Yield (Joel Greenblatt) %?

MUTOH HOLDINGS Co's Enterprise Value for the quarter that ended in Dec. 2023 was 円799 Mil. MUTOH HOLDINGS Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was 円1,165 Mil. MUTOH HOLDINGS Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 144.93%.

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

TSE:7999' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -5051.02   Med: 15.48   Max: 5266.67
Current: 53.24

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of MUTOH HOLDINGS Co was 5266.67%. The lowest was -5051.02%. And the median was 15.48%.

TSE:7999's Earnings Yield (Joel Greenblatt) % is ranked better than
97.83% of 3046 companies
in the Industrial Products industry
Industry Median: 4.21 vs TSE:7999: 53.24

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) %. MUTOH HOLDINGS Co'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.


MUTOH HOLDINGS Co Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for MUTOH HOLDINGS Co'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.

MUTOH HOLDINGS Co Earnings Yield (Joel Greenblatt) % Chart

MUTOH HOLDINGS Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.90 212.77 1,250.00 72.46 -50.51

MUTOH HOLDINGS Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -59.52 -50.51 -57.14 833.33 144.93

Competitive Comparison of MUTOH HOLDINGS Co's Earnings Yield (Joel Greenblatt) %

For the Business Equipment & Supplies subindustry, MUTOH HOLDINGS Co'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.


MUTOH HOLDINGS Co's Earnings Yield (Joel Greenblatt) % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, MUTOH HOLDINGS Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where MUTOH HOLDINGS Co's Earnings Yield (Joel Greenblatt) % falls into.



MUTOH HOLDINGS Co 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.

MUTOH HOLDINGS Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=987/-1951.87662
=-50.57 %

MUTOH HOLDINGS Co'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 円1,165 Mil.



MUTOH HOLDINGS Co  (TSE:7999) 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.


MUTOH HOLDINGS Co Earnings Yield (Joel Greenblatt) % Related Terms

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MUTOH HOLDINGS Co (TSE:7999) Business Description

Traded in Other Exchanges
N/A
Address
3-1-3, Ikejiri, Setagaya-ku, Tokyo, JPN, 141-8683
MUTOH HOLDINGS Co Ltd engages in the development, manufacture, sale, maintenance, and servicing of information imaging equipment. The company offers inkjet printers/plotters, pencil/pen plotters, 3D printers, cutting plotters, and image scanners. It also provides CAD/CAM information services, including 2D and 3D CAD systems, CAD/CAM peripheral software and system integration services, and IT and 3D solutions; drafting machines and optical measuring instruments; and merchandising products. In addition, the company imports and sells sports-related products, such as taping tapes, supporters, insoles, and fitness gear products; manages stores; and leases real estate properties.

MUTOH HOLDINGS Co (TSE:7999) Headlines

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