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MHSDF (Megacable HoldingsB de CV) Earnings Yield (Joel Greenblatt) % : 11.27% (As of Sep. 2024)


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What is Megacable HoldingsB de CV Earnings Yield (Joel Greenblatt) %?

Megacable HoldingsB de CV's Enterprise Value for the quarter that ended in Sep. 2024 was $2,950 Mil. Megacable HoldingsB de CV's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was $369 Mil. Megacable HoldingsB de CV's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2024 was 11.27%.

The historical rank and industry rank for Megacable HoldingsB de CV's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

MHSDF' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.35   Med: 9.74   Max: 17.24
Current: 13.42

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Megacable HoldingsB de CV was 17.24%. The lowest was 6.35%. And the median was 9.74%.

MHSDF's Earnings Yield (Joel Greenblatt) % is ranked better than
80.04% of 1052 companies
in the Media - Diversified industry
Industry Median: 1.995 vs MHSDF: 13.42

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) %. Megacable HoldingsB de CV's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2024 was 9.23%. 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.


Megacable HoldingsB de CV Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Megacable HoldingsB de CV'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.

* Premium members only.

Megacable HoldingsB de CV Earnings Yield (Joel Greenblatt) % Chart

Megacable HoldingsB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.89 9.52 9.34 11.31 12.14

Megacable HoldingsB de CV Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 13.55 12.14 11.19 14.90 11.27

Competitive Comparison of Megacable HoldingsB de CV's Earnings Yield (Joel Greenblatt) %

For the Entertainment subindustry, Megacable HoldingsB de CV'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.


Megacable HoldingsB de CV's Earnings Yield (Joel Greenblatt) % Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Megacable HoldingsB de CV's Earnings Yield (Joel Greenblatt) % falls into.



Megacable HoldingsB de CV 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.

Megacable HoldingsB de CVs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=383.102/3130.711
=12.24 %

Megacable HoldingsB de CV's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $369 Mil.



Megacable HoldingsB de CV  (OTCPK:MHSDF) 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.


Megacable HoldingsB de CV Earnings Yield (Joel Greenblatt) % Related Terms

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Megacable HoldingsB de CV Business Description

Traded in Other Exchanges
Address
Lazaro Cardenas 1694, Colonia del Fresno, Guadalajara, MEX, 44900
Megacable Holdings SAB de CV is a diversified media company with interests in cable television services. The company has several business segments, including Cable Network, Internet, Telephone, Business, and other. The Cable Network segment distributes television broadcasting programs. The Internet segment provides Internet subscription services to corporate clients and individual customers. The Telephone segment provides fixed-line communications services. The Business segment provides IT services to enterprise clients, and the Other business segment provides advertising services. Megacable Holdings SAB de CV generates the majority of its revenue in Mexico.