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InnSuites Hospitality Trust (InnSuites Hospitality Trust) Earnings Yield (Joel Greenblatt) %

: -3.17% (As of Jan. 2024)
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InnSuites Hospitality Trust's Enterprise Value for the quarter that ended in Jan. 2024 was $19.71 Mil. InnSuites Hospitality Trust's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was $-0.60 Mil. InnSuites Hospitality Trust's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jan. 2024 was -3.17%.

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

IHT' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -16.5   Med: -2.92   Max: 2.61
Current: -2.47

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of InnSuites Hospitality Trust was 2.61%. The lowest was -16.50%. And the median was -2.92%.

IHT's Earnings Yield (Joel Greenblatt) % is ranked worse than
88.58% of 893 companies
in the REITs industry
Industry Median: 2.85 vs IHT: -2.47

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) %. InnSuites Hospitality Trust's Forward Rate of Return (Yacktman) % for the quarter that ended in Jan. 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.


InnSuites Hospitality Trust Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for InnSuites Hospitality Trust'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.

InnSuites Hospitality Trust Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Earnings Yield (Joel Greenblatt) %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -8.19 -8.10 2.30 -1.03 -3.17

InnSuites Hospitality Trust Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Earnings Yield (Joel Greenblatt) % 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 Premium Member Only Premium Member Only Premium Member Only -1.03 -0.89 -1.28 -1.96 -3.17

Competitive Comparison

For the REIT - Hotel & Motel subindustry, InnSuites Hospitality Trust'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.


InnSuites Hospitality Trust Earnings Yield (Joel Greenblatt) % Distribution

For the REITs industry and Real Estate sector, InnSuites Hospitality Trust's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where InnSuites Hospitality Trust's Earnings Yield (Joel Greenblatt) % falls into.



InnSuites Hospitality Trust 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.

InnSuites Hospitality Trusts Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jan. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-0.624/19.7113026
=-3.17 %

InnSuites Hospitality Trust's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.60 Mil.



InnSuites Hospitality Trust  (AMEX:IHT) 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.


InnSuites Hospitality Trust Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of InnSuites Hospitality Trust's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


InnSuites Hospitality Trust (InnSuites Hospitality Trust) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1730 E. Northern Avenue, Suite 122, InnSuites Hotels Centre, Phoenix, AZ, USA, 85020
InnSuites Hospitality Trust is a real estate investment trust. It is engaged in the ownership and operation of hotel properties. It owns and operates hotels, provides management services for hotels, and also provides trademark license services. The Trust is also involved in various operations incidental to the operation of hotels, such as the operation of restaurants, meeting/banquet room rentals, and the operation of a reservation system. It has one reportable segment Hotel Operations & Hotel Management Services. Geographically operates through the region of the United States.
Executives
Jr Chase director 10202 NORTH 15TH AVENUE, APT #2, PHOENIX AZ 85021
James F Wirth director, 10 percent owner, officer: President, other: Chairman and CEO 1625 E. NORTHERN AVENUE, SUITE 105, PHOENIX AZ 85020
Pamela J Barnhill officer: President and COO C/O INNSUITES HOSPITALITY TRUST, 1625 E. NORTHERN AVENUE, SUITE 105, PHOENIX AZ 85020
Cynthia Ketcherside director C/O INNSUITES HOSPITALITY TRUST, 1625 E. NORTHERN AVENUE, SUITE #105, PHEONIX AZ 85020
Adam B Remis officer: Chief Financial Officer C/O INNSUITES HOSPITALITY TRUST, 1625 E. NORTHERN AVENUE, SUITE 105, PHOENIX AZ 85020
Leslie T Kutasi director C/O INNSUITES HOSPITALITY TRUST, 1625 E. NORTHERN AVENUE, SUITE 105, PHOENIX AZ 85020
Robert R. Mazakis officer: Principal Accounting Officer C/O INNSUITES HOTELS CENTRE, 1625 E. NORTHERN AVENUE, SUITE 105, PHOENIX AZ 85020-3960
Steven S Robson director 1615 EAST NORTHERN AVE, SUITE 102, C/O INNSUITES HOSPITALITY TRUST, PHOENIX AZ 85020
Larry Pelegrin director 5143 E. SIERRA SUNSET TRAIL, CAVE CREEK AZ 85331
Peter A Thoma director 1615 EAST NORTHERN AVE, SUITE 102, C/O INNSUITES HOSPITALITY TRUST, PHOENIX AZ 85020
Mason Anderson director 3024 WEST SAHUARO DRIVE, PHOENIX AZ 85029
Marc E Berg director, officer: Executive Vice President, other: Secretary and Treasurer 1615 EAST NORTHERN AVE, SUITE 102, C/O INNSUITES HOSPITALITY TRUST, PHOENIX AZ 85020
Stephen A Mcconnell director 6700 EAST SOLANO DRIVE, PARADISE VALLEY AZ 85253
Gail J Wirth 10 percent owner 1615 E NORTHERN AVE, STE 105, PHOENIX AZ 85020
Anthony B Waters officer: Chief Financial Officer 1615 EAST NORTHERN AVE, SUITE 102, C/O INNSUITES HOSPITALITY TRUST, PHOENIX AZ 85020

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