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QTTOY (Qutoutiao) Earnings Yield (Joel Greenblatt) % : 0.87% (As of Dec. 2024)


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What is Qutoutiao Earnings Yield (Joel Greenblatt) %?

Qutoutiao's Enterprise Value for the quarter that ended in Dec. 2024 was $532.6 Mil. Qutoutiao's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 was $4.6 Mil. Qutoutiao's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2024 was 0.87%.

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

QTTOY' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -274.99   Med: -21.79   Max: 0.87
Current: 0.87

During the past 9 years, the highest Earnings Yield (Joel Greenblatt) of Qutoutiao was 0.87%. The lowest was -274.99%. And the median was -21.79%.

QTTOY's Earnings Yield (Joel Greenblatt) % is ranked worse than
50.7% of 570 companies
in the Interactive Media industry
Industry Median: 1.02 vs QTTOY: 0.87

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) %. Qutoutiao's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2024 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.


Qutoutiao Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Qutoutiao'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.

Qutoutiao Earnings Yield (Joel Greenblatt) % Chart

Qutoutiao Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only -24.57 -51.55 -14.03 -0.04 0.87

Qutoutiao Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only -24.57 -51.55 -14.03 -0.04 0.87

Competitive Comparison of Qutoutiao's Earnings Yield (Joel Greenblatt) %

For the Internet Content & Information subindustry, Qutoutiao'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.


Qutoutiao's Earnings Yield (Joel Greenblatt) % Distribution in the Interactive Media Industry

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

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


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Qutoutiao 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.

Qutoutiaos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=4.624/532.5907904
=0.87 %

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.



Qutoutiao  (OTCPK:QTTOY) 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.


Qutoutiao Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Qutoutiao's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Qutoutiao Business Description

Traded in Other Exchanges
N/A
Address
519 Yi De Road, Building No. 8, Shanghai Pudong Software Park, Pudong New Area, Shanghai, CHN, 200124
Qutoutiao Inc is a mobile content platform company in China. Its flagship mobile application Qutoutiao aggregates articles and short videos from professional media and freelancers and presents customized feeds to users. It has also launched a mobile literature application, Midu Novels, which offers users free literature supported by advertising. The mobile literature applications, Midu Novels, and Midu Lite, source content from traditional PC-based online literature platforms which provide a license to publish their literature content on Midu Novels for a fee and offer pieces of literature on Midu Novels. The company generates revenue by providing advertising and marketing services.

Qutoutiao Headlines

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