Jordanian Mutual Funds Management Co (AMM:FUND) Earnings Yield (Joel Greenblatt) %: -0.24% (As of Dec. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

AMM:FUND Jordanian Mutual Funds Management Co AMM:FUND
21 GF Score
Price JOD0.04
View Full Analysis

What is Jordanian Mutual Funds Management Co Earnings Yield (Joel Greenblatt) %?

Jordanian Mutual Funds Management Co AMM:FUND 21 Earnings Yield (Joel Greenblatt) % is -0.24% as of Dec. 2023. GuruFocus rates AMM:FUND with a GF Score™ of 21/100.

Jordanian Mutual Funds Management Co's Enterprise Value for the quarter that ended in Dec. 2023 was JOD6.96 Mil. Jordanian Mutual Funds Management Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was JOD-0.02 Mil. Jordanian Mutual Funds Management Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was -0.24%.

The historical rank and industry rank for Jordanian Mutual Funds Management Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

AMM:FUND's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Asset Management industry.
Industry Median: 0
* 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) %. Jordanian Mutual Funds Management Co'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 five 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.


Jordanian Mutual Funds Management Co  (AMM:FUND) 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.


Jordanian Mutual Funds Management Co Earnings Yield (Joel Greenblatt) % Related Terms


Jordanian Mutual Funds Management Co Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Jordanian Mutual Funds Management Co'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.

Jordanian Mutual Funds Management Co Earnings Yield (Joel Greenblatt) % Chart

Jordanian Mutual Funds Management Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.41 -0.41 -1.28 -4.99 -0.24

Jordanian Mutual Funds Management Co 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) % Get a 7-Day Free Trial 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 -4.99 -4.46 -3.12 -0.65 -0.24

AMM:FUND vs BLK, BX, BK: Earnings Yield (Joel Greenblatt) % Comparison

For the Asset Management subindustry, Jordanian Mutual Funds Management Co'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.


Jordanian Mutual Funds Management Co Earnings Yield (Joel Greenblatt) % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Jordanian Mutual Funds Management Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Jordanian Mutual Funds Management Co's Earnings Yield (Joel Greenblatt) % falls into.


AMM:FUND
21GF Score
Jordanian Mutual Funds Management Co AMM:FUND
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jordanian Mutual Funds Management Co 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.

Jordanian Mutual Funds Management Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-0.017/6.96
=-0.24 %

Jordanian Mutual Funds Management Co'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 JOD-0.02 Mil.


What does a Earnings Yield (Joel Greenblatt) % of -0.24% mean?
Jordanian Mutual Funds Management Co (AMM:FUND) has a Earnings Yield (Joel Greenblatt) % of -0.24% as of Dec. 2023. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Jordanian Mutual Funds Management Co and its competitors.
Is Jordanian Mutual Funds Management Co's Earnings Yield (Joel Greenblatt) % too high?
Jordanian Mutual Funds Management Co's current Earnings Yield (Joel Greenblatt) % is -0.24%. Overall, Jordanian Mutual Funds Management Co has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Jordanian Mutual Funds Management Co's Earnings Yield (Joel Greenblatt) % compare to BLK and BX?
Jordanian Mutual Funds Management Co's Earnings Yield (Joel Greenblatt) % of -0.24% can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for an Asset Management company?
A good Earnings Yield (Joel Greenblatt) % depends on the Asset Management industry context. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Jordanian Mutual Funds Management Co and its competitors. Jordanian Mutual Funds Management Co's current Earnings Yield (Joel Greenblatt) % is -0.24%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jordanian Mutual Funds Management Co stock overvalued right now?
Jordanian Mutual Funds Management Co (AMM:FUND) has a current Earnings Yield (Joel Greenblatt) % of -0.24%. The current Earnings Yield (Joel Greenblatt) % is -0.24%. Jordanian Mutual Funds Management Co's overall GF Score™ is 21/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Jordanian Mutual Funds Management Co (AMM:FUND), the current Earnings Yield (Joel Greenblatt) % is -0.24% as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Jordanian Mutual Funds Management Co Business Description

Address Airport Road, Madaba Bridge, P.O Box 921513, Rum Group for Transportation, Tourism Investment, Amman, JOR, 11192
Jordanian Mutual Funds Management Co is a Jordan based fund management company. The company is engaged in establishing mutual funds, purchase and sales of shares and stocks for business purpose and managing investment funds except for financial brokerage.
21GF Score

Get the complete analysis for AMM:FUND

Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

JOD0.04
Price