MCIM (Macau Capital Investments) Earnings Yield (Joel Greenblatt) %: 0.00% (As of Mar. 2002)

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What is Macau Capital Investments Earnings Yield (Joel Greenblatt) %?

Macau Capital Investments MCIM Earnings Yield (Joel Greenblatt) % is 0.00% as of Mar. 2002.

Macau Capital Investments's Enterprise Value for the quarter that ended in Mar. 2002 was $2,499,341.20 Mil. Macau Capital Investments's EBIT for the trailing twelve months (TTM) ended in Mar. 2002 was $-1.44 Mil. Macau Capital Investments's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2002 was 0.00%.

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

MCIM's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Waste Management industry.
Industry Median: 3.96
* 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) %. Macau Capital Investments's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2002 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.


Macau Capital Investments  (OTCPK:MCIM) 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.


Macau Capital Investments Earnings Yield (Joel Greenblatt) % Related Terms


Macau Capital Investments Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Macau Capital Investments'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.

Macau Capital Investments Earnings Yield (Joel Greenblatt) % Chart

Macau Capital Investments Annual Data
Trend Mar95 Mar96 Mar97 Mar98 Mar99 Mar00 Mar01
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Macau Capital Investments Quarterly Data
Jun97 Sep97 Dec97 Mar98 Jun98 Sep98 Dec98 Mar99 Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02
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 0.00 0.00 0.00 0.00 0.00

MCIM vs CWSS, OCLN, HDII: Earnings Yield (Joel Greenblatt) % Comparison

For the Waste Management subindustry, Macau Capital Investments'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.


Macau Capital Investments Earnings Yield (Joel Greenblatt) % vs Waste Management Industry

For the Waste Management industry and Industrials sector, Macau Capital Investments's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Macau Capital Investments's Earnings Yield (Joel Greenblatt) % falls into.



Macau Capital Investments 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.

Macau Capital Investmentss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2001 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-1.923/7725234.471
=-0.00 %

Macau Capital Investments's EBIT for the trailing twelve months (TTM) ended in Mar. 2002 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.44 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 0.00% mean?
Macau Capital Investments (MCIM) has a Earnings Yield (Joel Greenblatt) % of 0.00% as of Mar. 2002. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Macau Capital Investments and its competitors.
Is Macau Capital Investments' Earnings Yield (Joel Greenblatt) % too high?
Macau Capital Investments' current Earnings Yield (Joel Greenblatt) % is 0.00%.
How does Macau Capital Investments' Earnings Yield (Joel Greenblatt) % compare to CWSS and OCLN?
Macau Capital Investments' Earnings Yield (Joel Greenblatt) % of 0.00% can be compared against companies in the Waste Management industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.96. 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 Waste Management company?
The median Earnings Yield (Joel Greenblatt) % among Waste Management companies is 3.96, based on 251 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 Macau Capital Investments and its competitors. For the Waste Management industry, the median Earnings Yield (Joel Greenblatt) % is 3.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Macau Capital Investments'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 Macau Capital Investments stock overvalued right now?
Macau Capital Investments (MCIM) 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 Macau Capital Investments (MCIM), the current Earnings Yield (Joel Greenblatt) % is 0.00% as of Mar. 2002. 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.

Macau Capital Investments Business Description

Address 1001 Texas Avenue, Suite 1400, Houston, TX, USA, 77002
Macau Capital Investments Inc is a waste management assets holdings company. Through its subsidiaries, it provides solid waste and medical waste removal services to customers in its targeted market.