INEOF (INEO Tech) Earnings Yield (Joel Greenblatt) % : -49.50% (As of Dec. 2024)

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What is INEO Tech Earnings Yield (Joel Greenblatt) %?

INEO Tech's Enterprise Value for the quarter that ended in Dec. 2024 was $5.11 Mil. INEO Tech's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 was $-2.11 Mil. INEO Tech's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2024 was -49.50%.

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

INEOF' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -339.01 Med: -44.46 Max: 10.98
Current: -57.14

During the past 11 years, the highest Earnings Yield (Joel Greenblatt) of INEO Tech was 10.98%. The lowest was -339.01%. And the median was -44.46%.

INEOF's Earnings Yield (Joel Greenblatt) % is ranked worse than
93.43% of 1050 companies
in the Media - Diversified industry
Industry Median: 1.95 vs INEOF: -57.14

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) %. INEO Tech'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.

INEO Tech Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for INEO Tech'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.

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INEO Tech Earnings Yield (Joel Greenblatt) % Chart

INEO Tech Annual Data

Trend

May11

May12

May17

May18

May19

Jun20

Jun21

Jun22

Jun23

Jun24

Earnings Yield (Joel Greenblatt) %

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-63.29

-16.64

-32.57

-64.94

-48.31

INEO Tech Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Earnings Yield (Joel Greenblatt) %	Get a 7-Day Free Trial															-57.47	-50.00	-48.31	-39.84	-49.50

Competitive Comparison of INEO Tech's Earnings Yield (Joel Greenblatt) %

For the Advertising Agencies subindustry, INEO Tech'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.

INEO Tech's Earnings Yield (Joel Greenblatt) % Distribution in the Media - Diversified Industry

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

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

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INEO Tech 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.

INEO Techs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 2024 is calculated as

Earnings Yield (Joel Greenblatt)	=	EBIT	/	Enterprise Value
	=	-2.042	/	4.49776
	=	-45.40 %

INEO Tech's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.11 Mil.

INEO Tech (OTCPK:INEOF) 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

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.

INEO Tech Earnings Yield (Joel Greenblatt) % Related Terms

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INEO Tech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » INEO Tech Corp (OTCPK:INEOF) » Definitions » Earnings Yield (Joel Greenblatt) %

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INEO:Canada

Address

No 105 - 19130 24th Avenue, Surrey, BC, CAN, V3Z 3S9

Website

https://www.ineosolutionsinc.com

INEO Tech Corp is engaged in operating of the INEO Media Network for retailers, which provides retail analytics and targeted advertising through its cloud-based IoT (Internet of Things) and AI (Artificial Intelligence) technology. The Company operates the INEO Media Network using a SaaS-based model for retail stores. The operating segments of the company are Loss Prevention, Fabrication, Retail Media, and other.