Metro Global Media (Metro Global Media) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Nov. 2001)

Metro Global Media Earnings Yield (Joel Greenblatt) % Chart

Metro Global Media Annual Data
	Trend	May92	May93	May94	May95	May96	May97	May98	May99	May00	May01
Earnings Yield (Joel Greenblatt) %		Get a 7-Day Free Trial					-	-	0.94	-0.52	-11.49

Metro Global Media Quarterly Data
	Feb97	May97	Aug97	Nov97	Feb98	May98	Aug98	Nov98	Feb99	May99	Aug99	Nov99	Feb00	May00	Aug00	Nov00	Feb01	May01	Aug01	Nov01
Earnings Yield (Joel Greenblatt) %	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Metro Global Media's Earnings Yield (Joel Greenblatt) %

For the Entertainment subindustry, Metro Global Media'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.

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

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

* The bar in red indicates where Metro Global Media's Earnings Yield (Joel Greenblatt) % falls into.

Metro Global Media 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.

Metro Global Medias Earnings Yield (Joel Greenblatt) for the fiscal year that ended in May. 2001 is calculated as

Metro Global Media's EBIT for the trailing twelve months (TTM) ended in Nov. 2001 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.44 Mil.

Metro Global Media  (GREY:MGMA) 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.

Metro Global Media Earnings Yield (Joel Greenblatt) % Related Terms

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Metro Global Media (Metro Global Media) Business Description