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The historical rank and industry rank for Millenniumpthorne Hotels New Zealand's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
NZSE:MCK'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.29 Med: 16.37 Max: 50.89
Current: 8.98
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Millenniumpthorne Hotels New Zealand was 50.89%. The lowest was 5.29%. And the median was 16.37%.
NZSE:MCK's Earnings Yield (Joel Greenblatt) % is ranked better than 72.92% of 853
companies
in the Travel & Leisure industry
Industry Median: 4.9
vs NZSE:MCK: 8.98
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) %. Millenniumpthorne Hotels New Zealand's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 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.
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.
* 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.
Millenniumpthorne Hotels New Zealand Earnings Yield (Joel Greenblatt) % Chart
NZSE:MCK vs MAR, HLT, H: Earnings Yield (Joel Greenblatt) % Comparison
For the Lodging subindustry, Millenniumpthorne Hotels New Zealand'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.
Millenniumpthorne Hotels New Zealand Earnings Yield (Joel Greenblatt) % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Millenniumpthorne Hotels New Zealand's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Millenniumpthorne Hotels New Zealand's Earnings Yield (Joel Greenblatt) % falls into.
Millenniumpthorne Hotels New Zealand 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.
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.
What does a Earnings Yield (Joel Greenblatt) % of 0.00% mean?
Millenniumpthorne Hotels New Zealand (NZSE:MCK) has a Earnings Yield (Joel Greenblatt) % of 0.00% as of Jun. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Millenniumpthorne Hotels New Zealand and its competitors. Over the past decade, Millenniumpthorne Hotels New Zealand's Earnings Yield (Joel Greenblatt) % has ranged from 5.29 to 50.89. According to the industry distribution chart, Millenniumpthorne Hotels New Zealand ranks #231 out of 853 companies in the Travel & Leisure industry, placing it in the top 27.1%.
Is Millenniumpthorne Hotels New Zealand's Earnings Yield (Joel Greenblatt) % too high?
Millenniumpthorne Hotels New Zealand's current Earnings Yield (Joel Greenblatt) % is 0.00%. Over the past 10 years, this metric has ranged from a low of 5.29 to a high of 50.89. Based on the distribution chart, Millenniumpthorne Hotels New Zealand ranks #231 out of 853 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Millenniumpthorne Hotels New Zealand has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Millenniumpthorne Hotels New Zealand's Earnings Yield (Joel Greenblatt) % compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Millenniumpthorne Hotels New Zealand ranks #231 out of 853 companies for Earnings Yield (Joel Greenblatt) %. This puts Millenniumpthorne Hotels New Zealand in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 4.90. Historically, Millenniumpthorne Hotels New Zealand's own Earnings Yield (Joel Greenblatt) % has ranged from 5.29 to 50.89 over the past decade. 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 Travel & Leisure company?
The median Earnings Yield (Joel Greenblatt) % among Travel & Leisure companies is 4.90, based on 853 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. 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 Millenniumpthorne Hotels New Zealand and its competitors. For the Travel & Leisure industry, the median Earnings Yield (Joel Greenblatt) % is 4.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millenniumpthorne Hotels New Zealand's current Earnings Yield (Joel Greenblatt) % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millenniumpthorne Hotels New Zealand stock overvalued right now?
Based on GuruFocus' analysis, Millenniumpthorne Hotels New Zealand (NZSE:MCK) is currently considered Modestly Overvalued. The stock's GF Value™ is NZ$2.77, compared to a current price of NZ$3.15 — trading 13.7% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 0.00%. Millenniumpthorne Hotels New Zealand's overall GF Score™ is 73/100 with 5 warning signs to review. 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 Millenniumpthorne Hotels New Zealand (NZSE:MCK), the current Earnings Yield (Joel Greenblatt) % is 0.00% as of Jun. 2026. 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.
Is Millenniumpthorne Hotels New Zealand (NZSE:MCK) Overvalued in 2026?
Based on GuruFocus' analysis, Millenniumpthorne Hotels New Zealand stock appears to be overvalued.
The current stock price of NZ$3.15 is trading 13.7% above its estimated GF Value™ of NZ$2.77.
GuruFocus considers Millenniumpthorne Hotels New Zealand to be Modestly Overvalued.
Key valuation signals for NZSE:MCK:
Earnings Yield (Joel Greenblatt) %: 0.00%
GF Value™: NZ$2.77 vs. price of NZ$3.15 (13.7% above fair value)
No single metric tells the full story. See the NZSE:MCK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Millennium & Copthorne Hotels New Zealand Ltd is engaged in the ownership and operation of hotels in New Zealand. The Group is also involved in the development and sale of residential land in New Zealand; investment properties comprising commercial warehousing and retail shops in New Zealand; and the development and sale of residential units in Australia. Its operating segments are: Hotel operations, Residential land development, Investment property, and Residential and commercial property development. Maximum revenue is generated from the Hotel operations segment, which includes income from the ownership and management of hotels. Geographically, the Group generates maximum revenue from New Zealand, and the rest from Australia.
73GF Score
Get the complete analysis for NZSE:MCK
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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