What is MEDIROM Healthcare Technologies Earnings Yield (Joel Greenblatt) %?
MEDIROM Healthcare Technologies's Enterprise Value for the quarter that ended in Dec. 2023 was $52.39 Mil.
MEDIROM Healthcare Technologies's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $0.36 Mil. MEDIROM Healthcare Technologies's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 0.76%.
The historical rank and industry rank for MEDIROM Healthcare Technologies's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
MRM'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -17.48 Med: -6.41 Max: 3.46
Current: 0.75
During the past 6 years, the highest Earnings Yield (Joel Greenblatt) of MEDIROM Healthcare Technologies was 3.46%. The lowest was -17.48%. And the median was -6.41%.
MRM's Earnings Yield (Joel Greenblatt) % is ranked worse than 73.83% of 107
companies
in the Personal Services industry
Industry Median: 4.41
vs MRM: 0.75
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) %. MEDIROM Healthcare Technologies's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 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.
MEDIROM Healthcare Technologies Earnings Yield (Joel Greenblatt) % Historical Data
* 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.
For the Personal Services subindustry, MEDIROM Healthcare Technologies'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.
MEDIROM Healthcare Technologies's Earnings Yield (Joel Greenblatt) % Distribution in the Personal Services Industry
For the Personal Services industry and Consumer Cyclical sector, MEDIROM Healthcare Technologies's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where MEDIROM Healthcare Technologies'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.
MEDIROM Healthcare Technologiess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as
For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.
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.
MEDIROM Healthcare Technologies Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of MEDIROM Healthcare Technologies's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
MEDIROM Healthcare Technologies (MEDIROM Healthcare Technologies) Business Description
MEDIROM Healthcare Technologies Inc provides health services. The company is a franchiser and operator of healthcare salons and operates in segments namely Relaxation Salon, Digital Preventative Healthcare, and Luxury Beauty Segment. The company generates a majority of its revenue from the Relaxation Salon business segment. Geographically, the company generates a maximum share of its revenue from Japan.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
MRM has been successfully added to your 