Msg Life AG (HAM:MSGL) Earnings Yield (Joel Greenblatt) %: 17.09% (As of Dec. 2023)

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HAM:MSGL Msg Life AG HAM:MSGL
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What is Msg Life AG Earnings Yield (Joel Greenblatt) %?

Msg Life AG HAM:MSGL 10 Earnings Yield (Joel Greenblatt) % is 17.09% as of Dec. 2023. GuruFocus rates HAM:MSGL with a GF Score™ of 10/100.

Msg Life AG's Enterprise Value for the quarter that ended in Dec. 2023 was €87.5 Mil. Msg Life AG's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was €14.9 Mil. Msg Life AG's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 17.09%.

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

HAM:MSGL's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Software industry.
Industry Median: 2.11
* 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) %. Msg Life AG's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 was 22.35%. 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.


Msg Life AG  (HAM:MSGL) 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.


Msg Life AG Earnings Yield (Joel Greenblatt) % Related Terms


Msg Life AG Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Msg Life AG'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.

Msg Life AG Earnings Yield (Joel Greenblatt) % Chart

Msg Life AG 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 1.13 13.89 18.38 12.09 17.09

Msg Life AG Semi-Annual Data
Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 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 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 1.13 13.89 18.38 12.09 17.09

HAM:MSGL vs CRM, UBER, NOW: Earnings Yield (Joel Greenblatt) % Comparison

For the Software - Application subindustry, Msg Life AG'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.


Msg Life AG Earnings Yield (Joel Greenblatt) % vs Software Industry

For the Software industry and Technology sector, Msg Life AG's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Msg Life AG's Earnings Yield (Joel Greenblatt) % falls into.


HAM:MSGL
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Msg Life AG HAM:MSGL
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Msg Life AG 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.

Msg Life AGs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=14.942/87.459
=17.08 %

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.


What does a Earnings Yield (Joel Greenblatt) % of 17.09% mean?
Msg Life AG (HAM:MSGL) has a Earnings Yield (Joel Greenblatt) % of 17.09% 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 Msg Life AG and its competitors.
Is Msg Life AG's Earnings Yield (Joel Greenblatt) % too high?
Msg Life AG's current Earnings Yield (Joel Greenblatt) % is 17.09%. The Software industry median Earnings Yield (Joel Greenblatt) % is 2.11. Msg Life AG's value of 17.09% is 710% above this industry median. Overall, Msg Life AG has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Msg Life AG's Earnings Yield (Joel Greenblatt) % compare to CRM and UBER?
Msg Life AG's Earnings Yield (Joel Greenblatt) % of 17.09% can be compared against companies in the Software industry. The industry median Earnings Yield (Joel Greenblatt) % is 2.11. Msg Life AG's value of 17.09% is 710% above this benchmark. 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 Software company?
The median Earnings Yield (Joel Greenblatt) % among Software companies is 2.11, based on 2,909 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. Msg Life AG's current Earnings Yield (Joel Greenblatt) % of 17.09% is 710% 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 Msg Life AG and its competitors. For the Software industry, the median Earnings Yield (Joel Greenblatt) % is 2.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Msg Life AG's current Earnings Yield (Joel Greenblatt) % is 17.09%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Msg Life AG stock overvalued right now?
Msg Life AG (HAM:MSGL) has a current Earnings Yield (Joel Greenblatt) % of 17.09%. The current Earnings Yield (Joel Greenblatt) % is 17.09% and 710% above the Software industry median of 2.11. Msg Life AG's overall GF Score™ is 10/100. 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 Msg Life AG (HAM:MSGL), the current Earnings Yield (Joel Greenblatt) % is 17.09% 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.

Msg Life AG Business Description

Address Humboldtstrasse 35, Leinfelden-Echterdingen, BW, DEU, 70771
Msg Life AG is a Germany-based company. It is a consultant and software company for the insurance and retirement savings market. It is a provider of software, advice, and cloud solutions for life insurance companies and pension fund institutions in Europe and, in particular, health insurance companies in the United States. The company's products and services include msg. Life Factory, msg.Insurance Suite, msg.Migration System, msg.Health Factory, msg.The commission, msg.Business Partner, msg.Billing, and others. Geographically, the company exports its services to the United States of America, Austria, Switzerland, Slovenia, Portugal, Spain, and Benelux.
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Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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