PAEGF (Peace Arch Entertainment Group) Earnings Yield (Joel Greenblatt) %: 62.11% (As of May. 2008)

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

Peace Arch Entertainment Group PAEGF -99.90% Earnings Yield (Joel Greenblatt) % is 62.11% as of May. 2008.

Peace Arch Entertainment Group's Enterprise Value for the quarter that ended in May. 2008 was $89.48 Mil. Peace Arch Entertainment Group's EBIT for the trailing twelve months (TTM) ended in May. 2008 was $51.72 Mil. Peace Arch Entertainment Group's Earnings Yield (Joel Greenblatt) for the quarter that ended in May. 2008 was 62.11%.

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

PAEGF's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Media - Diversified industry.
Industry Median: 2.67
* 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) %. Peace Arch Entertainment Group's Forward Rate of Return (Yacktman) % for the quarter that ended in May. 2008 was -2.41%. 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.


Peace Arch Entertainment Group  (OTCPK:PAEGF) 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.


Peace Arch Entertainment Group Earnings Yield (Joel Greenblatt) % Related Terms


Peace Arch Entertainment Group Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Peace Arch 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.

Peace Arch Entertainment Group Earnings Yield (Joel Greenblatt) % Chart

Peace Arch Entertainment Group Annual Data
Trend Aug98 Aug99 Aug00 Aug01 Aug02 Aug03 Aug04 Aug05 Aug06 Aug07
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.40 -2.60 -6.95 50.25 57.80

Peace Arch Entertainment Group Quarterly Data
Aug03 Nov03 Feb04 May04 Aug04 Nov04 Feb05 May05 Aug05 Nov05 Feb06 May06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08
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 21.83 57.80 44.84 58.82 62.11

PAEGF vs PTSX, ASKH, CRCO: Earnings Yield (Joel Greenblatt) % Comparison

For the Entertainment subindustry, Peace Arch 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.


Peace Arch Entertainment Group Earnings Yield (Joel Greenblatt) % vs Media - Diversified Industry

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

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



Peace Arch 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.

Peace Arch Entertainment Groups Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Aug. 2007 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=61.025/131.17788
=46.52 %

Peace Arch Entertainment Group's EBIT for the trailing twelve months (TTM) ended in May. 2008 adds up the quarterly data reported by the company within the most recent 12 months, which was $51.72 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 62.11% mean?
Peace Arch Entertainment Group (PAEGF) has a Earnings Yield (Joel Greenblatt) % of 62.11% as of May. 2008. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Peace Arch Entertainment Group and its competitors.
Is Peace Arch Entertainment Group's Earnings Yield (Joel Greenblatt) % too high?
Peace Arch Entertainment Group's current Earnings Yield (Joel Greenblatt) % is 62.11%. The Media - Diversified industry median Earnings Yield (Joel Greenblatt) % is 2.67. Peace Arch Entertainment Group's value of 62.11% is 2226.2% above this industry median.
How does Peace Arch Entertainment Group's Earnings Yield (Joel Greenblatt) % compare to PTSX and ASKH?
Peace Arch Entertainment Group's Earnings Yield (Joel Greenblatt) % of 62.11% can be compared against companies in the Media - Diversified industry. The industry median Earnings Yield (Joel Greenblatt) % is 2.67. Peace Arch Entertainment Group's value of 62.11% is 2226.2% above this benchmark. 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 Media - Diversified company?
The median Earnings Yield (Joel Greenblatt) % among Media - Diversified companies is 2.67, based on 1,007 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. Peace Arch Entertainment Group's current Earnings Yield (Joel Greenblatt) % of 62.11% is 2226.2% above the industry median. 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 Peace Arch Entertainment Group and its competitors. For the Media - Diversified industry, the median Earnings Yield (Joel Greenblatt) % is 2.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Peace Arch Entertainment Group's current Earnings Yield (Joel Greenblatt) % is 62.11%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Peace Arch Entertainment Group stock overvalued right now?
Peace Arch Entertainment Group (PAEGF) has a current Earnings Yield (Joel Greenblatt) % of 62.11%. The current Earnings Yield (Joel Greenblatt) % is 62.11% and 2226.2% above the Media - Diversified industry median of 2.67. 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 Peace Arch Entertainment Group (PAEGF), the current Earnings Yield (Joel Greenblatt) % is 62.11% as of May. 2008. 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.

Peace Arch Entertainment Group Business Description

Address 1867 Yonge Street, Suite 650, Toronto, ON, CAN, M4S 1Y5
Peace Arch Entertainment Group Inc is an integrated media company, which produces and acquires feature films, television and home entertainment content for distribution to worldwide markets.