NTT DOCOMO (BUE:DCM) Earnings Yield (Joel Greenblatt) %: 7.13% (As of Sep. 2020) — 37% Below Median

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What is NTT DOCOMO Earnings Yield (Joel Greenblatt) %?

NTT DOCOMO BUE:DCM 10 Earnings Yield (Joel Greenblatt) % is 7.13% as of Sep. 2020, which is 37% below its 10-year median of 11.39. GuruFocus rates BUE:DCM with a GF Score™ of 10/100. The stock has 5 warning signs investors should review.

NTT DOCOMO's Enterprise Value for the quarter that ended in Sep. 2020 was ARS0.00 Mil. NTT DOCOMO's EBIT for the trailing twelve months (TTM) ended in Sep. 2020 was ARS559,563.89 Mil. NTT DOCOMO's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2020 was 7.13%.

The historical rank and industry rank for NTT DOCOMO's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

BUE:DCM' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.33   Med: 11.39   Max: 19.24
Current: 7.14

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of NTT DOCOMO was 19.24%. The lowest was 6.33%. And the median was 11.39%.

BUE:DCM's Earnings Yield (Joel Greenblatt) % is not ranked
in the Telecommunication Services industry.
Industry Median: 5.85 vs BUE:DCM: 7.14

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) %. NTT DOCOMO's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2020 was 10.58%. 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.


NTT DOCOMO  (BUE:DCM) 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.


NTT DOCOMO Earnings Yield (Joel Greenblatt) % Related Terms


NTT DOCOMO Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for NTT DOCOMO'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.

NTT DOCOMO Earnings Yield (Joel Greenblatt) % Chart

NTT DOCOMO Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.20 10.26 12.50 12.67 8.07

NTT DOCOMO Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 10.47 8.87 8.07 9.07 7.13

BUE:DCM vs VZ, T, TMUS: Earnings Yield (Joel Greenblatt) % Comparison

For the Telecom Services subindustry, NTT DOCOMO'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.


NTT DOCOMO Earnings Yield (Joel Greenblatt) % vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, NTT DOCOMO's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where NTT DOCOMO's Earnings Yield (Joel Greenblatt) % falls into.



NTT DOCOMO 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.

NTT DOCOMOs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2020 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=503591.403/0
= %

NTT DOCOMO's EBIT for the trailing twelve months (TTM) ended in Sep. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was ARS559,563.89 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 7.13% mean?
NTT DOCOMO (BUE:DCM) has a Earnings Yield (Joel Greenblatt) % of 7.13% as of Sep. 2020. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on NTT DOCOMO and its competitors. This is 37% below median its historical median of 11.39. Over the past decade, NTT DOCOMO's Earnings Yield (Joel Greenblatt) % has ranged from 6.33 to 19.24.
Is NTT DOCOMO's Earnings Yield (Joel Greenblatt) % too high?
NTT DOCOMO's current Earnings Yield (Joel Greenblatt) % of 7.13% is 37% below median its 10-year median of 11.39. Over the past 10 years, this metric has ranged from a low of 6.33 to a high of 19.24. The Telecommunication Services industry median Earnings Yield (Joel Greenblatt) % is 5.85. NTT DOCOMO's value of 7.13% is 21.9% above this industry median. Overall, NTT DOCOMO has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does NTT DOCOMO's Earnings Yield (Joel Greenblatt) % compare to VZ and T?
NTT DOCOMO's Earnings Yield (Joel Greenblatt) % of 7.13% can be compared against companies in the Telecommunication Services industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.85. NTT DOCOMO's value of 7.13% is 21.9% above this benchmark. Historically, NTT DOCOMO's own Earnings Yield (Joel Greenblatt) % has ranged from 6.33 to 19.24 over the past decade. While the company's 10-year median is 11.39 vs. the industry median of 5.85, NTT DOCOMO has consistently been above the industry average. 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 a Telecommunication Services company?
The median Earnings Yield (Joel Greenblatt) % among Telecommunication Services companies is 5.85, based on 373 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NTT DOCOMO's current Earnings Yield (Joel Greenblatt) % of 7.13% is 21.9% above the industry median. 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 NTT DOCOMO and its competitors. For the Telecommunication Services industry, the median Earnings Yield (Joel Greenblatt) % is 5.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NTT DOCOMO's current Earnings Yield (Joel Greenblatt) % is 7.13%, which is 37% below median its own 10-year median of 11.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NTT DOCOMO stock overvalued right now?
NTT DOCOMO (BUE:DCM) has a current Earnings Yield (Joel Greenblatt) % of 7.13%. The current Earnings Yield (Joel Greenblatt) % is 7.13%, which is 37% below median its 10-year median of 11.39 and 21.9% above the Telecommunication Services industry median of 5.85. NTT DOCOMO's overall GF Score™ is 10/100 with 5 warning signs to review. 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 NTT DOCOMO (BUE:DCM), the current Earnings Yield (Joel Greenblatt) % is 7.13% as of Sep. 2020. 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.

NTT DOCOMO Business Description

Address Sanno Park Tower, 11-1, Nagata-cho 2-chome, Chiyoda-ku, Tokyo, JPN, 100-6150
NTT DoCoMo is Japan's largest wireless telephone operator. It has 78 million subscribers, leading to its market share of approximately 44%. The firm has been a technological leader, introducing wireless Internet access through its i-mode service in 1999, along with the ability to use a handset like a credit card. NTT DoCoMo also owns minority stakes in Philippine Long Distance Telephone, Hutchison Telecom Hong Kong Holdings, and other smaller phone companies. The firm's objective is to have the highest-quality network and customer service in Japan.