What is Mac Hotels Earnings Yield (Joel Greenblatt) %?
Mac Hotels's Enterprise Value for the quarter that ended in Sep. 2023 was ₹127.55 Mil.
Mac Hotels's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was ₹4.25 Mil. Mac Hotels's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2023 was 0.00%.
The historical rank and industry rank for Mac Hotels's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
BOM:541973'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -29.81 Med: 1.58 Max: 12.71
Current: 3.26
During the past 10 years, the highest Earnings Yield (Joel Greenblatt) of Mac Hotels was 12.71%. The lowest was -29.81%. And the median was 1.58%.
BOM:541973's Earnings Yield (Joel Greenblatt) % is ranked worse than 56.44% of 854
companies
in the Travel & Leisure industry
Industry Median: 4.3
vs BOM:541973: 3.26
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) %. Mac Hotels's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2023 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.
Mac Hotels Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Mac Hotels'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.
Mac Hotels Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of Mac Hotels's Earnings Yield (Joel Greenblatt) %
For the Lodging subindustry, Mac Hotels'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.
Mac Hotels's Earnings Yield (Joel Greenblatt) % Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Mac Hotels's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Mac Hotels's Earnings Yield (Joel Greenblatt) % falls into.
Mac Hotels 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.
Mac Hotelss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2023 is calculated as
For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.
Mac Hotels (BOM:541973) 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.
Mac Hotels Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Mac Hotels's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Mac Hotels Ltd is principal engaged in the business of owning, operating and managing hotels, restaurants and resorts in Goa. It operates and manages one resort under the name Resort Park Avenue in Goa. Its revenue sources comprise Room Revenue and Food and Beverage Sale.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BOM:541973 has been successfully added to your 