MMNFQ (MedMen Enterprises) Earnings Yield (Joel Greenblatt) %: 149.25% (As of Mar. 2023)

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What is MedMen Enterprises Earnings Yield (Joel Greenblatt) %?

MedMen Enterprises MMNFQ -90.00% Earnings Yield (Joel Greenblatt) % is 149.25% as of Mar. 2023.

MedMen Enterprises's Enterprise Value for the quarter that ended in Mar. 2023 was $-85.5 Mil. MedMen Enterprises's EBIT for the trailing twelve months (TTM) ended in Mar. 2023 was $-137.3 Mil. MedMen Enterprises's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2023 was 149.25%.

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

MMNFQ's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Drug Manufacturers industry.
Industry Median: 3.33
* 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) %. MedMen Enterprises's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2023 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.


MedMen Enterprises  (OTCPK:MMNFQ) 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.


MedMen Enterprises Earnings Yield (Joel Greenblatt) % Related Terms


MedMen Enterprises Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for MedMen Enterprises'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.

MedMen Enterprises Earnings Yield (Joel Greenblatt) % Chart

MedMen Enterprises Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.04 -37.45 -175.44 -46.30 2,000.00

MedMen Enterprises Quarterly Data
Apr18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 -42.55 2,000.00 161.29 114.94 149.25

MMNFQ vs ZTS, VTRS, NBIX: Earnings Yield (Joel Greenblatt) % Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, MedMen Enterprises'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.


MedMen Enterprises Earnings Yield (Joel Greenblatt) % vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, MedMen Enterprises's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where MedMen Enterprises's Earnings Yield (Joel Greenblatt) % falls into.



MedMen Enterprises 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.

MedMen Enterprisess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 2022 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-132.378/-12.9238352
=1,024.29 %

MedMen Enterprises's EBIT for the trailing twelve months (TTM) ended in Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-137.3 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 149.25% mean?
MedMen Enterprises (MMNFQ) has a Earnings Yield (Joel Greenblatt) % of 149.25% as of Mar. 2023. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on MedMen Enterprises and its competitors.
Is MedMen Enterprises' Earnings Yield (Joel Greenblatt) % too high?
MedMen Enterprises' current Earnings Yield (Joel Greenblatt) % is 149.25%. The Drug Manufacturers industry median Earnings Yield (Joel Greenblatt) % is 3.33. MedMen Enterprises' value of 149.25% is 4382% above this industry median.
How does MedMen Enterprises' Earnings Yield (Joel Greenblatt) % compare to ZTS and VTRS?
MedMen Enterprises' Earnings Yield (Joel Greenblatt) % of 149.25% can be compared against companies in the Drug Manufacturers industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.33. MedMen Enterprises' value of 149.25% is 4382% above this benchmark. 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 Drug Manufacturers company?
The median Earnings Yield (Joel Greenblatt) % among Drug Manufacturers companies is 3.33, based on 1,011 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. MedMen Enterprises's current Earnings Yield (Joel Greenblatt) % of 149.25% is 4382% above the industry median. 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 MedMen Enterprises and its competitors. For the Drug Manufacturers industry, the median Earnings Yield (Joel Greenblatt) % is 3.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MedMen Enterprises's current Earnings Yield (Joel Greenblatt) % is 149.25%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MedMen Enterprises stock overvalued right now?
MedMen Enterprises (MMNFQ) has a current Earnings Yield (Joel Greenblatt) % of 149.25%. The current Earnings Yield (Joel Greenblatt) % is 149.25% and 4382% above the Drug Manufacturers industry median of 3.33. 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 MedMen Enterprises (MMNFQ), the current Earnings Yield (Joel Greenblatt) % is 149.25% as of Mar. 2023. 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.

MedMen Enterprises Business Description

Address 8740 S Sepulveda Boulevard, Suite 105, Los Angeles, CA, USA, 90045
MedMen Enterprises Inc is a American cannabis company dedicated to improving life with Cannabis for All. With operations across the United States in California, Nevada, Illinois, Arizona, Massachusetts, and New York, the company has MedMen and LuxLyte brands offering cannabis in consumer-preferred product forms for medical and recreational use. It produces and curates the consumer product assortment for retail operations in its local communities, and drives consumer loyalty with service and engaging in-store experience, combined with reward, delivery, and e-commerce programs.