What is Manuka Earnings Yield (Joel Greenblatt) %?
Manuka's Enterprise Value for the quarter that ended in Sep. 2023 was $7.30 Mil.
Manuka does not have enough years/quarters to calculate its EBIT for the trailing twelve months (TTM) ended in Sep. 2023. Therefore, GuruFocus does not calculate Manuka's Earnings Yield (Joel Greenblatt) at this moment.
The historical rank and industry rank for Manuka's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
MNKA'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -48.08 Med: 0 Max: 0
Current: -10.82
MNKA's Earnings Yield (Joel Greenblatt) % is ranked worse than 89.88% of 1966
companies
in the Consumer Packaged Goods industry
Industry Median: 5.12
vs MNKA: -10.82
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) %. Manuka's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2023 was 0.00%. 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.
Manuka Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Manuka'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.
Manuka Earnings Yield (Joel Greenblatt) % Chart
Manuka Annual Data
Trend
Earnings Yield (Joel Greenblatt) %
Manuka Quarterly Data
Jun22
Sep22
Jun23
Sep23
Earnings Yield (Joel Greenblatt) %
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Competitive Comparison of Manuka's Earnings Yield (Joel Greenblatt) %
For the Household & Personal Products subindustry, Manuka'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.
Manuka's Earnings Yield (Joel Greenblatt) % Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Manuka's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Manuka's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Manukas Earnings Yield (Joel Greenblatt) for the fiscal year that ended in . 20 is calculated as
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.
Manuka Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Manuka's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Manuka Inc is a beauty company that develops and distributes premium-quality skincare products, that are based on M?nuka honey and bee venom. Its skincare products are manufactured in Israel by its vendor, Chic with M?nuka honey ingredients. The company imports Manuka honey from its supplier in New Zealand, Waitemata Honey pursuant to the Supply Agreement. Currently, it operates only in Israel through the online platform. Its website and mobile applications currently offer six cosmetic skincare products: Face Serum with Manuka Honey and Bee Venom; Face Serum with enhanced Vitamin C; Day Cream; Night nourishing Cream; Eye Cream; and Face Cleanser Gel.
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