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Mondial Ventures (Mondial Ventures) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Sep. 2014)


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What is Mondial Ventures Earnings Yield (Joel Greenblatt) %?

Mondial Ventures's Enterprise Value for the quarter that ended in Sep. 2014 was $0.00 Mil. Mondial Ventures's EBIT for the trailing twelve months (TTM) ended in Sep. 2014 was $-4.77 Mil. Mondial Ventures's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2014 was 0.00%.

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

MNVN's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Oil & Gas industry.
Industry Median: 6.125
* 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) %. Mondial Ventures's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2014 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.


Mondial Ventures Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Mondial Ventures'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.

Mondial Ventures Earnings Yield (Joel Greenblatt) % Chart

Mondial Ventures Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -13.89 -99.01

Mondial Ventures Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 -270.27 -99.01 -156.25 -212.77 -

Competitive Comparison of Mondial Ventures's Earnings Yield (Joel Greenblatt) %

For the Oil & Gas E&P subindustry, Mondial Ventures'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.


Mondial Ventures's Earnings Yield (Joel Greenblatt) % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Mondial Ventures's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Mondial Ventures 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.

Mondial Venturess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2013 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-1.731/1.056705
=-163.81 %

Mondial Ventures's EBIT for the trailing twelve months (TTM) ended in Sep. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.77 Mil.



Mondial Ventures  (OTCPK:MNVN) 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.


Mondial Ventures Earnings Yield (Joel Greenblatt) % Related Terms

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Mondial Ventures (Mondial Ventures) Business Description

Industry
Traded in Other Exchanges
N/A
Address
6564 Smoke Tree Lane, Scottsdale, AZ, USA, 85253
Mondial Ventures Inc is active in the energy sector. It is an independent oil and gas company, engaged in the exploration, development, and exploitation of crude oil and natural gas properties primarily in the United States. It holds interests in the J.B. Tubb Leasehold Estate/Amoco Crawar field comprising three well heads and three wellbores. It also has its facilities in Ward County, Texas.

Mondial Ventures (Mondial Ventures) Headlines