What is Gaming Innovation Group Earnings Yield (Joel Greenblatt) %?
Gaming Innovation Group's Enterprise Value for the quarter that ended in Mar. 2024 was kr5,225.9 Mil.
Gaming Innovation Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was kr364.4 Mil. Gaming Innovation Group's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2024 was 6.97%.
The historical rank and industry rank for Gaming Innovation Group's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
OSL:GIG'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -128.88 Med: -0.85 Max: 10.54
Current: 7.48
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Gaming Innovation Group was 10.54%. The lowest was -128.88%. And the median was -0.85%.
OSL:GIG's Earnings Yield (Joel Greenblatt) % is ranked better than 68.54% of 855
companies
in the Travel & Leisure industry
Industry Median: 4.42
vs OSL:GIG: 7.48
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) %. Gaming Innovation Group's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2024 was 22.08%. 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.
Gaming Innovation Group Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Gaming Innovation Group'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.
Gaming Innovation Group Earnings Yield (Joel Greenblatt) % Chart
For the Gambling subindustry, Gaming Innovation Group'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.
Gaming Innovation Group's Earnings Yield (Joel Greenblatt) % Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Gaming Innovation Group's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Gaming Innovation Group's Earnings Yield (Joel Greenblatt) % falls into.
Gaming Innovation Group 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.
Gaming Innovation Groups Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as
Gaming Innovation Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr364.4 Mil.
Gaming Innovation Group (OSL:GIG) 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.
Gaming Innovation Group Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Gaming Innovation Group's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Gaming Innovation Group (OSL:GIG) Business Description
Gaming Innovation Group Inc is an iGaming technology company, providing solutions, products and services to iGaming Operators. It operates iGamingCloud.com, a cloud-based platform as a software-as-a-service. It also offers business-to-consumer casino and sports betting services through its online gaming Websites and online performance marketing services. The company's vision is to be the industry leading platform and media provider delivering world class solutions to iGaming partners and their customers'. Its mission is to drive sustainable growth and profitability of partners through product innovation, scalable technology and quality of service.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
OSL:GIG has been successfully added to your 