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Marketing Worldwide (Marketing Worldwide) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Mar. 2013)


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What is Marketing Worldwide Earnings Yield (Joel Greenblatt) %?

Marketing Worldwide's Enterprise Value for the quarter that ended in Mar. 2013 was $1.77 Mil. Marketing Worldwide's EBIT for the trailing twelve months (TTM) ended in Mar. 2013 was $6.57 Mil. Marketing Worldwide's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2013 was 0.00%.

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

MWWC' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 769.23
Current: 588.24

During the past 8 years, the highest Earnings Yield (Joel Greenblatt) of Marketing Worldwide was 769.23%. The lowest was 0.00%. And the median was 0.00%.

MWWC's Earnings Yield (Joel Greenblatt) % is not ranked
in the Media - Diversified industry.
Industry Median: 3.23 vs MWWC: 588.24

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) %. Marketing Worldwide's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2013 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.


Marketing Worldwide Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Marketing Worldwide'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.

Marketing Worldwide Earnings Yield (Joel Greenblatt) % Chart

Marketing Worldwide Annual Data
Trend Sep04 Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial - -22.94 -46.51 -58.48 -156.25

Marketing Worldwide Quarterly Data
Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13
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 - - - - -

Competitive Comparison of Marketing Worldwide's Earnings Yield (Joel Greenblatt) %

For the Entertainment subindustry, Marketing Worldwide'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.


Marketing Worldwide's Earnings Yield (Joel Greenblatt) % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Marketing Worldwide's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Marketing Worldwide 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.

Marketing Worldwides Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Sep. 2011 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-1.648/1.0490476
=-157.09 %

Marketing Worldwide's EBIT for the trailing twelve months (TTM) ended in Mar. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.57 Mil.



Marketing Worldwide  (OTCPK:MWWC) 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.


Marketing Worldwide Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Marketing Worldwide's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Marketing Worldwide (Marketing Worldwide) Business Description

Traded in Other Exchanges
N/A
Address
16730 Creek Bend Drive, Sugar Land, TX, USA, 77478
Marketing Worldwide Corp through its wholly-owned subsidiary, Marketing Worldwide LLC, is engaged in the design, import and distribution of automotive accessories for motor vehicles in the automotive aftermarket industry. The Company intends to expand as an acquisition incubator, purchasing companies and patents built by passionate visionaries.