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MultiMetaVerse Holdings (MultiMetaVerse Holdings) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Jun. 2023)


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What is MultiMetaVerse Holdings Earnings Yield (Joel Greenblatt) %?

MultiMetaVerse Holdings's Enterprise Value for the quarter that ended in Jun. 2023 was $66.06 Mil. MultiMetaVerse Holdings's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was $-21.60 Mil. MultiMetaVerse Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2023 was 0.00%.

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

MMV' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -55.87   Med: 0   Max: 0
Current: -49.75

MMV's Earnings Yield (Joel Greenblatt) % is ranked worse than
93.8% of 1048 companies
in the Media - Diversified industry
Industry Median: 2.84 vs MMV: -49.75

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) %. MultiMetaVerse Holdings's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 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.


MultiMetaVerse Holdings Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for MultiMetaVerse 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.

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MultiMetaVerse Holdings Earnings Yield (Joel Greenblatt) % Chart

MultiMetaVerse Holdings Annual Data
Trend Dec20 Dec21 Dec22
Earnings Yield (Joel Greenblatt) %
- - -

MultiMetaVerse Holdings Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial - - - - -

Competitive Comparison of MultiMetaVerse Holdings's Earnings Yield (Joel Greenblatt) %

For the Entertainment subindustry, MultiMetaVerse 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.


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

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

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



MultiMetaVerse 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.

MultiMetaVerse Holdingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2022 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-2.812/0
= %

For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.



MultiMetaVerse Holdings  (NAS:MMV) 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.


MultiMetaVerse Holdings Earnings Yield (Joel Greenblatt) % Related Terms

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MultiMetaVerse Holdings (MultiMetaVerse Holdings) Business Description

Traded in Other Exchanges
N/A
Address
No. 718, Lingshi Road, Building D3, Jingan District, Shanghai, CHN, 200072
Website
MultiMetaVerse Holdings Ltd is an animation and entertainment company. It is devoted to establishing an open community for its global users comprised of animation viewers, game players, and content creators and to providing high-quality and immersive entertainment experiences by way of original content, user-generated content, and professional user-generated content.