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FUJI Media Holdings (FUJI Media Holdings) Earnings Yield (Joel Greenblatt) %

: 14.45% (As of Dec. 2023)
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FUJI Media Holdings's Enterprise Value for the quarter that ended in Dec. 2023 was $3,222 Mil. FUJI Media Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $479 Mil. FUJI Media Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 14.45%.

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

FJTNF' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.58   Med: 9.08   Max: 20.36
Current: 13.26

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of FUJI Media Holdings was 20.36%. The lowest was 5.58%. And the median was 9.08%.

FJTNF's Earnings Yield (Joel Greenblatt) % is ranked better than
79.87% of 1053 companies
in the Media - Diversified industry
Industry Median: 2.48 vs FJTNF: 13.26

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) %. FUJI Media Holdings'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.


FUJI Media Holdings Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for FUJI Media 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.

FUJI Media Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Earnings Yield (Joel Greenblatt) %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.29 17.64 5.79 10.50 20.04

FUJI Media Holdings 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) % 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 8.76 20.04 14.93 14.66 14.45

Competitive Comparison

For the Broadcasting subindustry, FUJI Media 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.


FUJI Media Holdings Earnings Yield (Joel Greenblatt) % Distribution

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

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



FUJI Media 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.

FUJI Media Holdingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=495.42/2517.3806
=19.68 %

FUJI Media Holdings'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 $479 Mil.



FUJI Media Holdings  (OTCPK:FJTNF) 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.


FUJI Media Holdings Earnings Yield (Joel Greenblatt) % Related Terms

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FUJI Media Holdings (FUJI Media Holdings) Business Description

Traded in Other Exchanges
Address
2-4-8, Daiba, Minato-ku, Tokyo, JPN, 137-8088
FUJI Media Holdings Inc is a diversified media company with interests in broadcasting, as the business operates several premium television stations. FUJI has seven business segments: Broadcasting, Production, Image & Music, Life Information, Advertising, City Development, and Other. The Broadcasting segment is engaged in the broadcasting of television and radio programs, while the Production segment plans and produces television programs. The Image & Music segment sells audio and video software. The Life Information segment publishes newspapers, while the Advertising segment sells advertising space across the company's various divisions. The Other segment leases real estate assets. The company earns the majority of its revenue in Japan.

FUJI Media Holdings (FUJI Media Holdings) Headlines

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