What is Jordan Telecommunications Co Earnings Yield (Joel Greenblatt) %?
Jordan Telecommunications Co's Enterprise Value for the quarter that ended in Mar. 2024 was JOD609.6 Mil.
Jordan Telecommunications Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was JOD75.9 Mil. Jordan Telecommunications Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2024 was 12.44%.
The historical rank and industry rank for Jordan Telecommunications Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
AMM:JTEL'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.84 Med: 9.58 Max: 14.8
Current: 11.93
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Jordan Telecommunications Co was 14.80%. The lowest was 1.84%. And the median was 9.58%.
AMM:JTEL's Earnings Yield (Joel Greenblatt) % is ranked better than 81.17% of 393
companies
in the Telecommunication Services industry
Industry Median: 5.56
vs AMM:JTEL: 11.93
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) %. Jordan Telecommunications Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2024 was 24.65%. 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.
Jordan Telecommunications Co Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Jordan Telecommunications 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.
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Jordan Telecommunications Co Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of Jordan Telecommunications Co's Earnings Yield (Joel Greenblatt) %
For the Telecom Services subindustry, Jordan Telecommunications 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.
Jordan Telecommunications Co's Earnings Yield (Joel Greenblatt) % Distribution in the Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Jordan Telecommunications Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Jordan Telecommunications Co's Earnings Yield (Joel Greenblatt) % falls into.
Jordan Telecommunications 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.
Jordan Telecommunications Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as
Jordan Telecommunications Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was JOD75.9 Mil.
Jordan Telecommunications Co (AMM:JTEL) 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.
Jordan Telecommunications Co Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Jordan Telecommunications Co's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Jordan Telecommunications Co (AMM:JTEL) Business Description
Jordan Telecommunications Co offers telecommunication network services. It has the following operating segments. The Fixed-line segment constructs develop and maintain fixed telecommunication network services and fiber to the home services. The Mobile communications segment installs operates and manages a cellular network in Jordan. The Data services segment provides, furnishes, installs, maintains, engineers, and operates communication facilities for the provision of data network and internet access services to its customers and helping companies to be more efficient in the way they do their business on the internet. The renewable energy segment provides electricity through managing solar farms and renewable energy projects, The mobile payment segment, and the not-for-profit segment.
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