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Homeland Interactive Technology (HKSE:03798) Earnings Yield (Joel Greenblatt) % : -15.80% (As of Dec. 2024)


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What is Homeland Interactive Technology Earnings Yield (Joel Greenblatt) %?

Homeland Interactive Technology's Enterprise Value for the quarter that ended in Dec. 2024 was HK$611 Mil. Homeland Interactive Technology's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 was HK$-96 Mil. Homeland Interactive Technology's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2024 was -15.80%.

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

HKSE:03798' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1995.42   Med: 31.36   Max: 9178.18
Current: -50.76

During the past 9 years, the highest Earnings Yield (Joel Greenblatt) of Homeland Interactive Technology was 9178.18%. The lowest was -1995.42%. And the median was 31.36%.

HKSE:03798's Earnings Yield (Joel Greenblatt) % is ranked worse than
88.75% of 569 companies
in the Interactive Media industry
Industry Median: 1 vs HKSE:03798: -50.76

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) %. Homeland Interactive Technology's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2024 was 0.00%. 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.


Homeland Interactive Technology Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Homeland Interactive Technology'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.

Homeland Interactive Technology Earnings Yield (Joel Greenblatt) % Chart

Homeland Interactive Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only 9.45 54.64 88.50 42.19 -15.80

Homeland Interactive Technology Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 88.50 - 42.19 - -15.80

Competitive Comparison of Homeland Interactive Technology's Earnings Yield (Joel Greenblatt) %

For the Electronic Gaming & Multimedia subindustry, Homeland Interactive Technology'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.


Homeland Interactive Technology's Earnings Yield (Joel Greenblatt) % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Homeland Interactive Technology's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Homeland Interactive Technology's Earnings Yield (Joel Greenblatt) % falls into.


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Homeland Interactive Technology 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.

Homeland Interactive Technologys Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-96.614/611.29576
=-15.80 %

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.



Homeland Interactive Technology  (HKSE:03798) 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.


Homeland Interactive Technology Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Homeland Interactive Technology's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Homeland Interactive Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 3040, Xinghai Avenue, Nanshan Street, 17 Floor, Qianhai Shimao Finance Centre II, Qianhai Shenzhen-Hong Kong Cooperation Zone, Shenzhen, CHN
Homeland Interactive Technology Ltd is a developer and operator of localized card and board games developer and operator in the PRC with a special focus on localized Mahjong and poker games. It derives revenue from game development and operation income from sales of virtual tokens and private game room cards. Its operating activities are attributable to a single operating segment focusing on the development and operation of mobile games in the People's Republic of China as well as other Asian Countries.
Executives
Futu Trustee Limited 2301 Trustee
One One Eleven Limited 2201 Interest of corporation controlled by you
Moomoo Trustee (singapore) Pte. Ltd. 2301 Trustee
Men Geng Network Limited 2101 Beneficial owner
Men Geng 2307 Founder of a discretionary trust who can infl
Trident Trust Company (cayman) Limited 2301 Trustee
Lumiere Vision Holdings Limited 2201 Interest of corporation controlled by you
Wu Chengze Network Limited 2101 Beneficial owner
Wu Chengze 2201 Interest of corporation controlled by you
Evergreen Homeland Holdings Limited 2101 Beneficial owner
Jiang Ming Kuan Network Limited 2101 Beneficial owner
Jiang Mingkuan
Su Bo Network Limited 2101 Beneficial owner
Su Bo 2201 Interest of corporation controlled by you
Zhang Na 2101 Beneficial owner

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