What is Johnston Press Earnings Yield (Joel Greenblatt) %?
Johnston Press's Enterprise Value for the quarter that ended in Jun. 2018 was $0.00 Mil.
Johnston Press's EBIT for the trailing twelve months (TTM) ended in Jun. 2018 was $-78.44 Mil. Johnston Press's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2018 was 0.00%.
The historical rank and industry rank for Johnston Press's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
JHPSY'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -203.1 Med: -20.4 Max: 16.2
Current: -40.82
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Johnston Press was 16.20%. The lowest was -203.10%. And the median was -20.40%.
JHPSY's Earnings Yield (Joel Greenblatt) % is not ranked
in the Media - Diversified industry.
Industry Median: 3.03
vs JHPSY: -40.82
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) %. Johnston Press's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2018 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past seven 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.
Johnston Press Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Johnston Press'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.
Competitive Comparison of Johnston Press's Earnings Yield (Joel Greenblatt) %
For the Publishing subindustry, Johnston Press'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.
Johnston Press's Earnings Yield (Joel Greenblatt) % Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Johnston Press's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Johnston Press's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Johnston Presss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2017 is calculated as
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.
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.
Johnston Press Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Johnston Press's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Johnston Press (Johnston Press) Business Description
Johnston Press PLC is engaged in the multimedia business. The company is one of the largest local and regional multimedia organizations primarily providing news and information services at local and regional level through various publications and websites in the UK. Its business is organized in two segments namely Publishing and Contract Printing. It also manages smartphone applications, websites, and distributes lifestyle magazines. Its brands include Ballymena and Antrim Times, Banbridge Leader, Banbury Guardian, Belper News, Carrick Times, Mid-Sussex Times, Sunday Journal, Isle of Man Examiner and Yorkshire Post. Johnston Press generates most of its revenues through its publishing business.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
JHPSY has been successfully added to your 