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Liquid Media Group (Liquid Media Group) Earnings Yield (Joel Greenblatt) %

: -35.97% (As of Aug. 2022)
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Liquid Media Group's Enterprise Value for the quarter that ended in Aug. 2022 was $8.64 Mil. Liquid Media Group's EBIT for the trailing twelve months (TTM) ended in Aug. 2022 was $-12.27 Mil. Liquid Media Group's Earnings Yield (Joel Greenblatt) for the quarter that ended in Aug. 2022 was -35.97%.

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

YVRLF' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -10000   Med: 0   Max: 0
Current: -10000

YVRLF's Earnings Yield (Joel Greenblatt) % is not ranked
in the Interactive Media industry.
Industry Median: 0 vs YVRLF: -10000.00

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 Media Group's Forward Rate of Return (Yacktman) % for the quarter that ended in Aug. 2022 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 Media Group Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Liquid Media Group'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 Media Group Annual Data
Trend Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Nov19 Nov20 Nov21
Earnings Yield (Joel Greenblatt) %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.26 -5.04 -7.67 -5.44 -17.12

Liquid Media Group Quarterly Data
Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22
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 -4.70 -17.12 -30.30 -35.71 -35.97

Competitive Comparison

For the Electronic Gaming & Multimedia subindustry, Liquid Media Group'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 Media Group Earnings Yield (Joel Greenblatt) % Distribution

For the Interactive Media industry and Communication Services sector, Liquid Media Group's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Liquid Media Group 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 Media Groups Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Nov. 2021 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-12.753/15.6091232
=-81.70 %

Liquid Media Group's EBIT for the trailing twelve months (TTM) ended in Aug. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-12.27 Mil.



Liquid Media Group  (OTCPK:YVRLF) 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 Media Group Earnings Yield (Joel Greenblatt) % Related Terms

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Liquid Media Group (Liquid Media Group) Business Description

Traded in Other Exchanges
N/A
Address
409 Granville Street, Suite 1000, United Kingdom Building, Vancouver, BC, CAN, V6C 1T2
Liquid Media Group Ltd is an entertainment company with a portfolio of content IP (Intellectual Property) spanning creative industries. Originating in Vancouver's media and entertainment supercluster, the company's mission is to empower storytellers to develop, produce and distribute across channels and platforms. Its operating segment includes investment in video games andinvestment in the distribution of films.