What is Miss Grand International PCL Earnings Yield (Joel Greenblatt) %?
Miss Grand International PCL's Enterprise Value for the quarter that ended in Mar. 2024 was ฿7,239.4 Mil.
Miss Grand International PCL's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ฿166.8 Mil. Miss Grand International PCL's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2024 was 2.30%.
The historical rank and industry rank for Miss Grand International PCL's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
BKK:MGI'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.48 Med: 3.21 Max: 5.6
Current: 4.64
During the past 6 years, the highest Earnings Yield (Joel Greenblatt) of Miss Grand International PCL was 5.60%. The lowest was 1.48%. And the median was 3.21%.
BKK:MGI's Earnings Yield (Joel Greenblatt) % is ranked better than 58.26% of 1047
companies
in the Media - Diversified industry
Industry Median: 3.01
vs BKK:MGI: 4.64
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) %. Miss Grand International PCL's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2024 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.
Miss Grand International PCL Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Miss Grand International PCL'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.
Miss Grand International PCL Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of Miss Grand International PCL's Earnings Yield (Joel Greenblatt) %
For the Entertainment subindustry, Miss Grand International PCL'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.
Miss Grand International PCL's Earnings Yield (Joel Greenblatt) % Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Miss Grand International PCL's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Miss Grand International PCL's Earnings Yield (Joel Greenblatt) % falls into.
Miss Grand International PCL 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.
Miss Grand International PCLs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as
Miss Grand International PCL'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 ฿166.8 Mil.
Miss Grand International PCL (BKK:MGI) 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.
Miss Grand International PCL Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Miss Grand International PCL's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Miss Grand International PCL (BKK:MGI) Business Description
Miss Grand International PCL operates a commerce business that provides the selling of products and services through experiential activities such as Beauty and Entertainment, which are Beauty Pageant Platforms named Miss Grand Thailand Pageant (National Pageant Platform) and Miss Grand International Pageant (International Pageant Platform)including other media contents and entertainment activities. The company sells the products in several distribution channels, both retail and wholesale, The MGI, and other partner products. The company earns revenue from selling beauty pageants, entertainment businesses, consumer products, consumption products, and other products and services. The company earns the majority of its revenue from the entertainment business.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BKK:MGI has been successfully added to your 