IFLM (Independent Film Development) Earnings Yield (Joel Greenblatt) %: 0.00% (As of Jun. 2016)

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What is Independent Film Development Earnings Yield (Joel Greenblatt) %?

Independent Film Development IFLM -90.00% Earnings Yield (Joel Greenblatt) % is 0.00% as of Jun. 2016.

Independent Film Development's Enterprise Value for the quarter that ended in Jun. 2016 was $0.44 Mil. Independent Film Development's EBIT for the trailing twelve months (TTM) ended in Jun. 2016 was $-2.27 Mil. Independent Film Development's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2016 was 0.00%.

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

IFLM's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Media - Diversified industry.
Industry Median: 2.77
* 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) %. Independent Film Development's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2016 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.


Independent Film Development  (OTCPK:IFLM) 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.


Independent Film Development Earnings Yield (Joel Greenblatt) % Related Terms


Independent Film Development Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Independent Film Development'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.

Independent Film Development Earnings Yield (Joel Greenblatt) % Chart

Independent Film Development Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only -5.59 -140.85 -58.48 114.94 -1,666.67

Independent Film Development Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 -833.33 0.00 0.00 0.00 0.00

IFLM vs ASKH, CRCO, PTSX: Earnings Yield (Joel Greenblatt) % Comparison

For the Entertainment subindustry, Independent Film Development'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.


Independent Film Development Earnings Yield (Joel Greenblatt) % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Independent Film Development's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Independent Film Development's Earnings Yield (Joel Greenblatt) % falls into.



Independent Film Development 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.

Independent Film Developments Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Sep. 2015 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-5.025/0.2801786
=-1,793.50 %

Independent Film Development's EBIT for the trailing twelve months (TTM) ended in Jun. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.27 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 0.00% mean?
Independent Film Development (IFLM) has a Earnings Yield (Joel Greenblatt) % of 0.00% as of Jun. 2016. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Independent Film Development and its competitors.
Is Independent Film Development's Earnings Yield (Joel Greenblatt) % too high?
Independent Film Development's current Earnings Yield (Joel Greenblatt) % is 0.00%.
How does Independent Film Development's Earnings Yield (Joel Greenblatt) % compare to ASKH and CRCO?
Independent Film Development's Earnings Yield (Joel Greenblatt) % of 0.00% can be compared against companies in the Media - Diversified industry. The industry median Earnings Yield (Joel Greenblatt) % is 2.77. 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 Media - Diversified company?
The median Earnings Yield (Joel Greenblatt) % among Media - Diversified companies is 2.77, based on 1,016 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. 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 Independent Film Development and its competitors. For the Media - Diversified industry, the median Earnings Yield (Joel Greenblatt) % is 2.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Independent Film Development's current Earnings Yield (Joel Greenblatt) % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Independent Film Development stock overvalued right now?
Independent Film Development (IFLM) has a current Earnings Yield (Joel Greenblatt) % of 0.00%. The current Earnings Yield (Joel Greenblatt) % is 0.00%. 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 Independent Film Development (IFLM), the current Earnings Yield (Joel Greenblatt) % is 0.00% as of Jun. 2016. 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.

Independent Film Development Business Description

Address 2732 Morse Avenue, Suite 413, Irvine, CA, USA, 92614
Independent Film Development Corp has its business spread through three domains. It holds interests in C2C Restaurant Group, Inc. (C2C), a restaurant holding company. The company focuses on the development of content creation/distribution projects, both in the form of original theatrical material, as well as related and/or derivative programming related to the operations of C2C. The firm also intends to acquire real estate assets.