Next 15 Group (LSE:NFG) Earnings Yield (Joel Greenblatt) % : 11.70% (As of Jan. 2024)

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What is Next 15 Group Earnings Yield (Joel Greenblatt) %?

Next 15 Group's Enterprise Value for the quarter that ended in Jan. 2024 was £945.0 Mil. Next 15 Group's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was £110.6 Mil. Next 15 Group's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jan. 2024 was 11.70%.

The historical rank and industry rank for Next 15 Group's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

LSE:NFG' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -9.21 Med: 2.88 Max: 11.48
Current: 10.76

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Next 15 Group was 11.48%. The lowest was -9.21%. And the median was 2.88%.

LSE:NFG's Earnings Yield (Joel Greenblatt) % is ranked better than
77.42% of 1045 companies
in the Media - Diversified industry
Industry Median: 2.92 vs LSE:NFG: 10.76

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) %. Next 15 Group's Forward Rate of Return (Yacktman) % for the quarter that ended in Jan. 2024 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.

Next 15 Group Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Next 15 Group'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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Next 15 Group Earnings Yield (Joel Greenblatt) % Chart

Next 15 Group Annual Data

Trend

Jul13

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Earnings Yield (Joel Greenblatt) %

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2.33

1.04

-6.17

3.49

11.70

Next 15 Group Semi-Annual Data
	Jul13	Jan14	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Earnings Yield (Joel Greenblatt) %	Get a 7-Day Free Trial															-6.17	-	3.49	-	11.70

Competitive Comparison of Next 15 Group's Earnings Yield (Joel Greenblatt) %

For the Advertising Agencies subindustry, Next 15 Group'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.

Next 15 Group's Earnings Yield (Joel Greenblatt) % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Next 15 Group's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Next 15 Group's Earnings Yield (Joel Greenblatt) % falls into.

Next 15 Group 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.

Next 15 Groups Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jan. 2024 is calculated as

Earnings Yield (Joel Greenblatt)	=	EBIT	/	Enterprise Value
	=	110.591	/	945.046485
	=	11.70 %

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.

Next 15 Group (LSE:NFG) 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.

Next 15 Group Earnings Yield (Joel Greenblatt) % Related Terms

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Next 15 Group (LSE:NFG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Next 15 Group PLC (LSE:NFG) » Definitions » Earnings Yield (Joel Greenblatt) %

Comparable Companies

Traded in Other Exchanges

NXFNF:USA

Address

60 Great Portland Street, London, GBR, W1W 7RT

Website

https://www.next15.com

Next 15 Group PLC is a digital marketing company in the United Kingdom. The company segments include Customer Engage; Customer Delivery; Customer Insight and Business Transformation. It generates maximum revenue from the Customer Engage segment.