PSAV (PSAV) Earnings Yield (Joel Greenblatt) %: 0.00% (As of Mar. 2016)

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What is PSAV Earnings Yield (Joel Greenblatt) %?

PSAV PSAV Earnings Yield (Joel Greenblatt) % is 0.00% as of Mar. 2016.

PSAV's Enterprise Value for the quarter that ended in Mar. 2016 was $0.00 Mil. PSAV's EBIT for the trailing twelve months (TTM) ended in Mar. 2016 was $55.81 Mil. PSAV's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2016 was 0.00%.

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

PSAV's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Media - Diversified industry.
Industry Median: 2.81
* 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) %. PSAV's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2016 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.


PSAV  (NYSE:PSAV) 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.


PSAV Earnings Yield (Joel Greenblatt) % Related Terms


PSAV Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for PSAV'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.

PSAV Earnings Yield (Joel Greenblatt) % Chart

PSAV Annual Data
Trend Dec12 Dec13 Dec14 Dec15
Earnings Yield (Joel Greenblatt) %
0.00 0.00 0.00 0.00

PSAV Quarterly Data
Dec12 Dec13 Mar15 Jun15 Sep15 Dec15 Mar16
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

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

For the Broadcasting subindustry, PSAV'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.


PSAV Earnings Yield (Joel Greenblatt) % vs Media - Diversified Industry

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

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



PSAV 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.

PSAVs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2015 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=52.815/0
= %

PSAV's EBIT for the trailing twelve months (TTM) ended in Mar. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $55.81 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 0.00% mean?
PSAV (PSAV) has a Earnings Yield (Joel Greenblatt) % of 0.00% as of Mar. 2016. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on PSAV and its competitors.
Is PSAV's Earnings Yield (Joel Greenblatt) % too high?
PSAV's current Earnings Yield (Joel Greenblatt) % is 0.00%.
How does PSAV's Earnings Yield (Joel Greenblatt) % compare to CRCO and ASKH?
PSAV's Earnings Yield (Joel Greenblatt) % of 0.00% can be compared against companies in the Media - Diversified industry. The industry median Earnings Yield (Joel Greenblatt) % is 2.81. 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 2.81, based on 1,006 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 PSAV and its competitors. For the Media - Diversified industry, the median Earnings Yield (Joel Greenblatt) % is 2.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PSAV'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 PSAV stock overvalued right now?
PSAV (PSAV) has a current Earnings Yield (Joel Greenblatt) % of 0.00%. The current Earnings Yield (Joel Greenblatt) % is 0.00%. 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 PSAV (PSAV), the current Earnings Yield (Joel Greenblatt) % is 0.00% as of Mar. 2016. 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.

PSAV Business Description

PSAV Inc was incorporated in Delaware on August 11, 2015. The Company along with its subsidiaries provides event technology services. The Company provides services including audiovisual services, equipment rental, staging and meeting services, communication systems, and related technical support to its customers in various venues, including hotels and convention centers. The Company's Video technology includes front and rear projection from large format HD high lumen projection to boardroom-style projectors, playback systems, image magnification, digital capture, cameras and display systems, including LED displays and video walls; Rigging Solutions include design and installation of permanently installed rig points in meeting venues, day-to-day deployment of rigging systems to safely transform meeting and event spaces for larger and more sophisticated set and lighting designs and certified trainers and inspectors; Wi-Fi Solutions include managing venues' entire network to provide customers secure and reliable wired and wireless solutions; Staging includes collections of custom screens and the ability to provide concert sound, broadcast quality projection, seasoned stage producers, and CAD drawing; Creative Services including Thematic creation, PowerPoint display, video creation, & stage sets; Mobile Device Applications tailored to the specific events that provide the schedule of events, maps, sponsors and detailed information on the host customer; Video Mapping / Simultaneous Translation; Virtual Meetings and Events; Event Consultation and Support, Power Distribution Solutions including streamlining of special event power distribution for event and production power across events, meeting rooms and trade shows; Audio including microphone and sound solutions with digital mixers, wireless microphones, networked audio and proprietary software to control live sound systems; and Lighting including speaker and stage lighting, intelligent lighting and decorative and theatrical lighting through gel lights and LED lights. The Company operates in two segments including Domestic and International. The Domestic segment provides services to customers throughout the United States and Puerto Rico; and is provider of event technology services at approximately over 1,000 hotel properties and other event venues. The International segment provides services to its customers in Canada, Mexico, the Caribbean, Europe and the Middle East, in addition to providing non-venue based services in Asia; and provides event technology services at approximately over 300 international hotel properties and other event venues. The Company's customers include corporations, event organizers, trade associations and meeting planners. The Company faces competition from Freeman Company.