GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Sega Sammy Holdings Inc (OTCPK:SGAMY) » Definitions » Earnings Yield (Joel Greenblatt) %

Segammy Holdings (Segammy Holdings) Earnings Yield (Joel Greenblatt) %

: 13.97% (As of Dec. 2023)
View and export this data going back to 2004. Start your Free Trial

Segammy Holdings's Enterprise Value for the quarter that ended in Dec. 2023 was $2,761 Mil. Segammy Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $379 Mil. Segammy Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 13.97%.

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

SGAMY' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -6.88   Med: 8.5   Max: 22.25
Current: 15.08

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Segammy Holdings was 22.25%. The lowest was -6.88%. And the median was 8.50%.

SGAMY's Earnings Yield (Joel Greenblatt) % is ranked better than
86.01% of 579 companies
in the Interactive Media industry
Industry Median: 0 vs SGAMY: 15.08

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) %. Segammy Holdings's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 was 19.84%. 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.


Segammy Holdings Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Segammy 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.

Segammy 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 3.23 12.24 -3.05 10.20 10.95

Segammy 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 12.29 10.95 11.78 12.17 13.97

Competitive Comparison

For the Electronic Gaming & Multimedia subindustry, Segammy 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.


Segammy Holdings Earnings Yield (Joel Greenblatt) % Distribution

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

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



Segammy 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.

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

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=354.545/3245.26594
=10.92 %

Segammy 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 $379 Mil.



Segammy Holdings  (OTCPK:SGAMY) 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.


Segammy Holdings Earnings Yield (Joel Greenblatt) % Related Terms

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


Segammy Holdings (Segammy Holdings) Business Description

Traded in Other Exchanges
Address
Shiodome Sumitomo Building 21F, 1-9-2 Higashi Shimbashi, Minato-ku, Tokyo, JPN, 105-0021
Sega Sammy Holdings was established as a holding company in 2004, when video game developer Sega and pachislot and pachinko vendor Sammy merged. The company currently derives most of its sales revenue from entertainment content and its pachislot and pachinko machine business, which contributed 73% and 24% of total revenue in fiscal 2022, respectively. It also operates a resorts business on a limited scale, contributing 3% of sales revenue.

Segammy Holdings (Segammy Holdings) Headlines

No Headlines