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Mass Megawatts Wind Power's Enterprise Value for the quarter that ended in Jan. 2024 was $1.22 Mil.
Mass Megawatts Wind Power's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was $-0.31 Mil. Mass Megawatts Wind Power's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jan. 2024 was -25.45%.
The historical rank and industry rank for Mass Megawatts Wind Power's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
MMMW'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -138.89 Med: 0 Max: 0
Current: -138.89
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) %. Mass Megawatts Wind Power'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 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.
Mass Megawatts Wind Power (OTCPK:MMMW) 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.
Mass Megawatts Wind Power Earnings Yield (Joel Greenblatt) % Related Terms
Mass Megawatts Wind Power Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Mass Megawatts Wind Power'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.
Mass Megawatts Wind Power Earnings Yield (Joel Greenblatt) % Chart
For the Utilities - Renewable subindustry, Mass Megawatts Wind Power'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.
Mass Megawatts Wind Power Earnings Yield (Joel Greenblatt) % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Mass Megawatts Wind Power's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Mass Megawatts Wind Power's Earnings Yield (Joel Greenblatt) % falls into.
Mass Megawatts Wind Power 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.
Mass Megawatts Wind Powers Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Apr. 2023 is calculated as
Mass Megawatts Wind Power's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.31 Mil.
What does a Earnings Yield (Joel Greenblatt) % of -25.45% mean?
Mass Megawatts Wind Power (MMMW) has a Earnings Yield (Joel Greenblatt) % of -25.45% as of Jan. 2024. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Mass Megawatts Wind Power and its competitors.
Is Mass Megawatts Wind Power's Earnings Yield (Joel Greenblatt) % too high?
Mass Megawatts Wind Power's current Earnings Yield (Joel Greenblatt) % is -25.45%. Overall, Mass Megawatts Wind Power has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Mass Megawatts Wind Power's Earnings Yield (Joel Greenblatt) % compare to ALCE and ETRXF?
Mass Megawatts Wind Power's Earnings Yield (Joel Greenblatt) % of -25.45% can be compared against companies in the Utilities - Independent Power Producers industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.26. 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 an Utilities - Independent Power Producers company?
The median Earnings Yield (Joel Greenblatt) % among Utilities - Independent Power Producers companies is 3.26, based on 482 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 Mass Megawatts Wind Power and its competitors. For the Utilities - Independent Power Producers industry, the median Earnings Yield (Joel Greenblatt) % is 3.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mass Megawatts Wind Power's current Earnings Yield (Joel Greenblatt) % is -25.45%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mass Megawatts Wind Power stock overvalued right now?
Mass Megawatts Wind Power (MMMW) has a current Earnings Yield (Joel Greenblatt) % of -25.45%. The current Earnings Yield (Joel Greenblatt) % is -25.45%. Mass Megawatts Wind Power's overall GF Score™ is 32/100. 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 Mass Megawatts Wind Power (MMMW), the current Earnings Yield (Joel Greenblatt) % is -25.45% as of Jan. 2024. 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.
Mass Megawatts Wind Power Inc is engaged in the development of renewable power technology. It develops solar trackers and wind energy equipment for low-cost clean energy generation. The company's patent pending, Mass Megawatts Solar Tracking System (STS) is a complete solar power system that is designed to continually adjust the position of solar panels to receive the optimal level of direct sunlight throughout the day. In addition, it also seeks to build and operate wind-energy-generated power plants utilizing proprietary MultiAxis Turbine technology.
32GF 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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