LMPX (LMP Automotive Holdings) Earnings Yield (Joel Greenblatt) %: 1.54% (As of Sep. 2021)

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LMPX LMP Automotive Holdings Inc LMPX
18 GF Score
Price $0.09
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What is LMP Automotive Holdings Earnings Yield (Joel Greenblatt) %?

LMP Automotive Holdings LMPX 18 Earnings Yield (Joel Greenblatt) % is 1.54% as of Sep. 2021. GuruFocus rates LMPX with a GF Score™ of 18/100.

LMP Automotive Holdings's Enterprise Value for the quarter that ended in Sep. 2021 was $280.8 Mil. LMP Automotive Holdings's EBIT for the trailing twelve months (TTM) ended in Sep. 2021 was $4.3 Mil. LMP Automotive Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2021 was 1.54%.

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

LMPX' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 227.27
Current: 227.27

During the past 4 years, the highest Earnings Yield (Joel Greenblatt) of LMP Automotive Holdings was 227.27%. The lowest was 0.00%. And the median was 0.00%.

LMPX's Earnings Yield (Joel Greenblatt) % is not ranked
in the Vehicles & Parts industry.
Industry Median: 5.89 vs LMPX: 227.27

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) %. LMP Automotive Holdings's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2021 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.


LMP Automotive Holdings  (OTCPK:LMPX) 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.


LMP Automotive Holdings Earnings Yield (Joel Greenblatt) % Related Terms


LMP Automotive Holdings Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for LMP Automotive Holdings'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.

LMP Automotive Holdings Earnings Yield (Joel Greenblatt) % Chart

LMP Automotive Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20
Earnings Yield (Joel Greenblatt) %
0.00 0.00 -2.64 -1.89

LMP Automotive Holdings Quarterly Data
Dec17 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 -1.00 -1.89 -1.24 -1.17 1.54

LMPX vs LOTZ, JZXN, KFS: Earnings Yield (Joel Greenblatt) % Comparison

For the Auto & Truck Dealerships subindustry, LMP Automotive Holdings'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.


LMP Automotive Holdings Earnings Yield (Joel Greenblatt) % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, LMP Automotive Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where LMP Automotive Holdings's Earnings Yield (Joel Greenblatt) % falls into.


LMPX
18GF Score
LMP Automotive Holdings Inc LMPX
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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LMP Automotive Holdings 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.

LMP Automotive Holdingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2020 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-4.484/237.86313
=-1.89 %

LMP Automotive Holdings's EBIT for the trailing twelve months (TTM) ended in Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.3 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 1.54% mean?
LMP Automotive Holdings (LMPX) has a Earnings Yield (Joel Greenblatt) % of 1.54% as of Sep. 2021. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on LMP Automotive Holdings and its competitors.
Is LMP Automotive Holdings' Earnings Yield (Joel Greenblatt) % too high?
LMP Automotive Holdings' current Earnings Yield (Joel Greenblatt) % is 1.54%. The Vehicles & Parts industry median Earnings Yield (Joel Greenblatt) % is 5.89. LMP Automotive Holdings' value of 1.54% is 73.9% below this industry median. Overall, LMP Automotive Holdings has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does LMP Automotive Holdings' Earnings Yield (Joel Greenblatt) % compare to LOTZ and JZXN?
LMP Automotive Holdings' Earnings Yield (Joel Greenblatt) % of 1.54% can be compared against companies in the Vehicles & Parts industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.89. LMP Automotive Holdings' value of 1.54% is 73.9% below 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 Vehicles & Parts company?
The median Earnings Yield (Joel Greenblatt) % among Vehicles & Parts companies is 5.89, based on 1,335 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. LMP Automotive Holdings's current Earnings Yield (Joel Greenblatt) % of 1.54% is 73.9% below 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 LMP Automotive Holdings and its competitors. For the Vehicles & Parts industry, the median Earnings Yield (Joel Greenblatt) % is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LMP Automotive Holdings's current Earnings Yield (Joel Greenblatt) % is 1.54%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LMP Automotive Holdings stock overvalued right now?
LMP Automotive Holdings (LMPX) has a current Earnings Yield (Joel Greenblatt) % of 1.54%. The current Earnings Yield (Joel Greenblatt) % is 1.54% and 73.9% below the Vehicles & Parts industry median of 5.89. LMP Automotive Holdings' overall GF Score™ is 18/100. 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 LMP Automotive Holdings (LMPX), the current Earnings Yield (Joel Greenblatt) % is 1.54% as of Sep. 2021. 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.

LMP Automotive Holdings Business Description

Address 500 East Broward Boulevard, Suite 1900, Fort Lauderdale, FL, USA, 33394
LMP Automotive Holdings Inc is an e-commerce and facilities-based retail platform for consumers who desire to buy, sell, rent, subscribe for or finance pre-owned and new automobiles. Its business model is described as Buy, Rent or Subscribe, Sell and Repeat. The company offer sales of pre-owned automobiles, and rentals and subscriptions for both pre-owned and new automobiles.
18GF Score

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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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