What is Time Warner Cable Earnings Yield (Joel Greenblatt) %?
Time Warner Cable's Enterprise Value for the quarter that ended in Mar. 2016 was $79,434 Mil.
Time Warner Cable's EBIT for the trailing twelve months (TTM) ended in Mar. 2016 was $4,453 Mil. Time Warner Cable's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2016 was 5.61%.
The historical rank and industry rank for Time Warner Cable's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
TWC's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Media - Diversified industry.
Industry Median: 2.785 * Ranked among companies with meaningful Earnings Yield (Joel Greenblatt) % only.
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) %. Time Warner Cable's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2016 was 12.41%. 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.
Time Warner Cable Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Time Warner Cable'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.
Time Warner Cable Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of Time Warner Cable's Earnings Yield (Joel Greenblatt) %
For the Broadcasting subindustry, Time Warner Cable'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.
Time Warner Cable's Earnings Yield (Joel Greenblatt) % Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Time Warner Cable's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Time Warner Cable's Earnings Yield (Joel Greenblatt) % falls into.
Time Warner Cable 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.
Time Warner Cables Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2015 is calculated as
Time Warner Cable's EBIT for the trailing twelve months (TTM) ended in Mar. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $4,453 Mil.
Time Warner Cable (NYSE:TWC) 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.
Time Warner Cable Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Time Warner Cable's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Time Warner Cable (Time Warner Cable) Business Description
Time Warner Cable Inc was incorporated as a Delaware corporation on March 21, 2003. The Company provides video, high-speed data and voice services in five geographic areas: New York State, the Carolinas, the Midwest, Southern California and Texas. The Company has three reportable segments: Residential Services, Business Services and Other Operations. Its video service provides over 300 channels and 20,000 video-on-demand choices. It offers tiers and packages of video programming and music services. Its residential video subscribers also may subscribe to premium network programming, such as Cinemax, EPIX, HBO, Showtime and Starz. The Company offers high-speed data service tiers, each with attributes tailored to meet the different needs its subscribers providing from up to 2 to up to 300 mbps downstream levels. Its high-speed data service also provides communication tools and personalized services, including email, PC security, parental controls and online radio, at no additional charge. The Company offers IntelligentHome, a security and home management service, in substantially all of its operating areas. It offers networking, voice, video, hosting and cloud computing services. The Company offers business customers a data services, including Internet access, network services and wholesale transport services. It also offers video programming tiers, music services and voice services including multi-line phone service and trunk service. The Company's Other Operations segment consists of Time Warner Cable Media, the advertising sales arm, its local sports, news and lifestyle channels and SportsNet LA. The Company delivers video, data and voice services over a network that includes a nationwide fiber backbone, fiber-rich regional and metro rings, and last mile connections to customers' homes and businesses. It contracts with third parties for goods and services related to the delivery of its video, high-speed data and voice services. The Company's residential video, high-speed data and voice services face competition from AT&T, CenturyLink, Inc., Cincinnati Bell Inc, Fairpoint Communications Inc, Frontier Communications Corp, Hawaiian Telcom Holdco Inc, Verizon and Windstream Corp. Its residential video and high-speed data services compete with Google's video and broadband services.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TWC has been successfully added to your 