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Mango Excellent Media Co (SZSE:300413) Earnings Yield (Joel Greenblatt) % : 4.07% (As of Sep. 2024)


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What is Mango Excellent Media Co Earnings Yield (Joel Greenblatt) %?

Mango Excellent Media Co's Enterprise Value for the quarter that ended in Sep. 2024 was ¥44,604 Mil. Mango Excellent Media Co's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was ¥1,816 Mil. Mango Excellent Media Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2024 was 4.07%.

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

SZSE:300413' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.26   Med: 2.49   Max: 7.13
Current: 3.54

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Mango Excellent Media Co was 7.13%. The lowest was 0.26%. And the median was 2.49%.

SZSE:300413's Earnings Yield (Joel Greenblatt) % is ranked worse than
55.9% of 1118 companies
in the Retail - Cyclical industry
Industry Median: 4.565 vs SZSE:300413: 3.54

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) %. Mango Excellent Media Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2024 was 5.23%. The Forward Rate of Return uses the normalized Free Cash Flow of the past seven 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.


Mango Excellent Media Co Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Mango Excellent Media Co'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.

Mango Excellent Media Co Earnings Yield (Joel Greenblatt) % Chart

Mango Excellent Media Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.07 1.61 2.18 4.10 5.40

Mango Excellent Media Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 4.79 5.40 5.73 5.47 4.07

Competitive Comparison of Mango Excellent Media Co's Earnings Yield (Joel Greenblatt) %

For the Internet Retail subindustry, Mango Excellent Media Co'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.


Mango Excellent Media Co's Earnings Yield (Joel Greenblatt) % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Mango Excellent Media Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Mango Excellent Media Co's Earnings Yield (Joel Greenblatt) % falls into.



Mango Excellent Media Co 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.

Mango Excellent Media Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=1852.495/34328.122
=5.40 %

Mango Excellent Media Co's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥1,816 Mil.



Mango Excellent Media Co  (SZSE:300413) 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.


Mango Excellent Media Co Earnings Yield (Joel Greenblatt) % Related Terms

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Mango Excellent Media Co Business Description

Traded in Other Exchanges
N/A
Address
Golden Eagle TV Culture City, North Block 4, Hunan Province, Changsha, CHN, 410003
Mango Excellent Media Co Ltd is a China-based company engages in the provision of E-commerce services through Television, Internet, Catalogs and other multimedia channels. The company offers beauty protection, food, kitchen, textile, digital appliances, and maternal and child care products, as well as clothing accessories and other products. Its operating segment includes New media platform operation; New media interactive entertainment content production and operation; Media retail business and Others. The company generates maximum revenue from New media platform operation segment.
Executives
Yang Yun Supervisors
Li Niu Secretary Dong

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