OTTV (Viva Entertainment Group) Earnings Yield (Joel Greenblatt) %: -1.67% (As of Apr. 2022)

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What is Viva Entertainment Group Earnings Yield (Joel Greenblatt) %?

Viva Entertainment Group OTTV -99.00% Earnings Yield (Joel Greenblatt) % is -1.67% as of Apr. 2022.

Viva Entertainment Group's Enterprise Value for the quarter that ended in Apr. 2022 was $5.03 Mil. Viva Entertainment Group's EBIT for the trailing twelve months (TTM) ended in Apr. 2022 was $-0.21 Mil. Viva Entertainment Group's Earnings Yield (Joel Greenblatt) for the quarter that ended in Apr. 2022 was -1.67%.

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

OTTV's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Interactive Media industry.
Industry Median: 1.97
* 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) %. Viva Entertainment Group's Forward Rate of Return (Yacktman) % for the quarter that ended in Apr. 2022 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.


Viva Entertainment Group  (OTCPK:OTTV) 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.


Viva Entertainment Group Earnings Yield (Joel Greenblatt) % Related Terms


Viva Entertainment Group Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Viva Entertainment 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.

Viva Entertainment Group Earnings Yield (Joel Greenblatt) % Chart

Viva Entertainment Group Annual Data
Trend Oct10 Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only -7.87 0.00 -222.22 -188.68 -227.27

Viva Entertainment Group Semi-Annual Data
Oct10 Apr11 Oct11 Apr12 Oct12 Apr13 Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Apr21 Apr22
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 -169.49 -227.27 -119.05 -666.67 -1.67

OTTV vs FPTA, CXKJ, LIVC: Earnings Yield (Joel Greenblatt) % Comparison

For the Internet Content & Information subindustry, Viva Entertainment 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.


Viva Entertainment Group Earnings Yield (Joel Greenblatt) % vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Viva Entertainment Group's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Viva Entertainment Group's Earnings Yield (Joel Greenblatt) % falls into.



Viva Entertainment 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.

Viva Entertainment Groups Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Oct. 2018 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-4.852/2.13812
=-226.93 %

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 -1.67% mean?
Viva Entertainment Group (OTTV) has a Earnings Yield (Joel Greenblatt) % of -1.67% as of Apr. 2022. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Viva Entertainment Group and its competitors.
Is Viva Entertainment Group's Earnings Yield (Joel Greenblatt) % too high?
Viva Entertainment Group's current Earnings Yield (Joel Greenblatt) % is -1.67%.
How does Viva Entertainment Group's Earnings Yield (Joel Greenblatt) % compare to FPTA and CXKJ?
Viva Entertainment Group's Earnings Yield (Joel Greenblatt) % of -1.67% can be compared against companies in the Interactive Media industry. The industry median Earnings Yield (Joel Greenblatt) % is 1.97. 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 an Interactive Media company?
The median Earnings Yield (Joel Greenblatt) % among Interactive Media companies is 1.97, based on 546 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 Viva Entertainment Group and its competitors. For the Interactive Media industry, the median Earnings Yield (Joel Greenblatt) % is 1.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viva Entertainment Group's current Earnings Yield (Joel Greenblatt) % is -1.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viva Entertainment Group stock overvalued right now?
Viva Entertainment Group (OTTV) has a current Earnings Yield (Joel Greenblatt) % of -1.67%. The current Earnings Yield (Joel Greenblatt) % is -1.67%. 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 Viva Entertainment Group (OTTV), the current Earnings Yield (Joel Greenblatt) % is -1.67% as of Apr. 2022. 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.

Viva Entertainment Group Business Description

Address 143-41 84th Drive, Briarwood, NY, USA, 11435
Viva Entertainment Group Inc is an entertainment and technology company that connects content owners and video distributors to deliver content on any smart device with a screen. The company engages in developing and marketing it's over the top (IPTV/OTT) application for connected TV's, desktop computers, tablets, and smartphones. It provides access to the content anywhere, anytime, and with a wifi connection customers can watch Live TV from around the world, TV shows, premium channels, as well as movies on demand, Tele-video conferences and many other interactive features.