Manila Bulletin Publishing (PHS:MB) Earnings Yield (Joel Greenblatt) %: 6.56% (As of Mar. 2026) — 74% Above Median


PHS:MB Manila Bulletin Publishing Corp PHS:MB
38 GF Score
Price ₱0.21
GF Value ₱0.17
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Manila Bulletin Publishing Earnings Yield (Joel Greenblatt) %?

Manila Bulletin Publishing PHS:MB 38 Earnings Yield (Joel Greenblatt) % is 6.56% as of Mar. 2026, which is 74% above its 10-year median of 3.77. GuruFocus rates PHS:MB with a GF Score™ of 38/100 and a GF Value™ of ₱0.17 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,010 Media - Diversified companies, Manila Bulletin Publishing ranks better than 61.98% on this metric.

Manila Bulletin Publishing's Enterprise Value for the quarter that ended in Mar. 2026 was ₱2,078.2 Mil. Manila Bulletin Publishing's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₱136.2 Mil. Manila Bulletin Publishing's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 6.56%.

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

PHS:MB' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.09   Med: 3.77   Max: 7.39
Current: 6.13

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Manila Bulletin Publishing was 7.39%. The lowest was 2.09%. And the median was 3.77%.

PHS:MB's Earnings Yield (Joel Greenblatt) % is ranked better than
61.98% of 1010 companies
in the Media - Diversified industry
Industry Median: 2.845 vs PHS:MB: 6.13

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) %. Manila Bulletin Publishing's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was -6.88%. 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.


Manila Bulletin Publishing  (PHS:MB) 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.


Manila Bulletin Publishing Earnings Yield (Joel Greenblatt) % Related Terms


Manila Bulletin Publishing Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Manila Bulletin Publishing'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.

Manila Bulletin Publishing Earnings Yield (Joel Greenblatt) % Chart

Manila Bulletin Publishing Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.37 5.10 6.20 5.36 6.59

Manila Bulletin Publishing Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 5.26 4.88 4.27 6.59 6.56

PHS:MB vs NYT, WLY: Earnings Yield (Joel Greenblatt) % Comparison

For the Publishing subindustry, Manila Bulletin Publishing'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.


Manila Bulletin Publishing Earnings Yield (Joel Greenblatt) % vs Media - Diversified Industry

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

* The bar in red indicates where Manila Bulletin Publishing's Earnings Yield (Joel Greenblatt) % falls into.


PHS:MB
38GF Score
Manila Bulletin Publishing Corp PHS:MB
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Manila Bulletin Publishing 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.

Manila Bulletin Publishings Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=137.019/2078.616796
=6.59 %

Manila Bulletin Publishing's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₱136.2 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 6.56% mean?
Manila Bulletin Publishing (PHS:MB) has a Earnings Yield (Joel Greenblatt) % of 6.56% as of Mar. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Manila Bulletin Publishing and its competitors. This is 74% above median its historical median of 3.77. Over the past decade, Manila Bulletin Publishing's Earnings Yield (Joel Greenblatt) % has ranged from 2.09 to 7.39. According to the industry distribution chart, Manila Bulletin Publishing ranks #384 out of 1010 companies in the Media - Diversified industry, placing it in the top 38%.
Is Manila Bulletin Publishing's Earnings Yield (Joel Greenblatt) % too high?
Manila Bulletin Publishing's current Earnings Yield (Joel Greenblatt) % of 6.56% is 74% above median its 10-year median of 3.77. Over the past 10 years, this metric has ranged from a low of 2.09 to a high of 7.39. The Media - Diversified industry median Earnings Yield (Joel Greenblatt) % is 2.85. Manila Bulletin Publishing's value of 6.56% is 130.6% above this industry median. Based on the distribution chart, Manila Bulletin Publishing ranks #384 out of 1010 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Manila Bulletin Publishing has a GF Score™ of 38/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Manila Bulletin Publishing's Earnings Yield (Joel Greenblatt) % compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Manila Bulletin Publishing ranks #384 out of 1010 companies for Earnings Yield (Joel Greenblatt) %. This puts Manila Bulletin Publishing in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 2.85. Manila Bulletin Publishing's value of 6.56% is 130.6% above this benchmark. Historically, Manila Bulletin Publishing's own Earnings Yield (Joel Greenblatt) % has ranged from 2.09 to 7.39 over the past decade. While the company's 10-year median is 3.77 vs. the industry median of 2.85, Manila Bulletin Publishing has consistently been above the industry average. 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 2.85, based on 1,010 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. Manila Bulletin Publishing's current Earnings Yield (Joel Greenblatt) % of 6.56% is 130.6% 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 Manila Bulletin Publishing and its competitors. For the Media - Diversified industry, the median Earnings Yield (Joel Greenblatt) % is 2.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manila Bulletin Publishing's current Earnings Yield (Joel Greenblatt) % is 6.56%, which is 74% above median its own 10-year median of 3.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manila Bulletin Publishing stock overvalued right now?
Based on GuruFocus' analysis, Manila Bulletin Publishing (PHS:MB) is currently considered Modestly Overvalued. The stock's GF Value™ is ₱0.17, compared to a current price of ₱0.21 — trading 21.2% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 6.56%, which is 74% above median its 10-year median of 3.77 and 130.6% above the Media - Diversified industry median of 2.85. Manila Bulletin Publishing's overall GF Score™ is 38/100 with 7 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 Manila Bulletin Publishing (PHS:MB), the current Earnings Yield (Joel Greenblatt) % is 6.56% as of Mar. 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 Manila Bulletin Publishing (PHS:MB) Overvalued in 2026?

Based on GuruFocus' analysis, Manila Bulletin Publishing stock appears to be overvalued. The current stock price of ₱0.21 is trading 21.2% above its estimated GF Value™ of ₱0.17. GuruFocus considers Manila Bulletin Publishing to be Modestly Overvalued.

Key valuation signals for PHS:MB:

  • Earnings Yield (Joel Greenblatt) %: 6.56% (74% above median its 10-year median of 3.77)
  • GF Value™: ₱0.17 vs. price of ₱0.21 (21.2% above fair value)
  • GF Score™: 38/100 with 7 warning signs
  • Industry Position: 130.6% above the Media - Diversified median (#384 of 1010)

No single metric tells the full story. See the PHS:MB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Manila Bulletin Publishing Business Description

Address Muralla corner Recoletos Streets, Intramuros, Manila Bulletin Building, Manila, PHL, 0900
Manila Bulletin Publishing Corp mainly engaged in the publication, distribution, and advertising of news, magazines, and digital content. The company operates in the fields of journalism, publishing, advertising, and digital media. Its activities are Publishing and Printing: Producing and distributing content and news through print media, including newspapers and magazines, and through online platforms, extending the reach of its publications., and Advertising Services: Offering advertising solutions across its print, digital, and other media platforms for businesses and brands. Its services are Advertising Services, Subscription Services, Digital Content and Platforms, Special Projects & Partnerships. Its brands are Manila Bulletin, Tempo, Balita, Liwayway, Bannawag, etc.
38GF Score

Get the complete analysis for PHS:MB

Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₱0.21
Price
₱0.17
GF Value