TPTW (TPT Global Tech) Earnings Yield (Joel Greenblatt) %: -7.50% (As of Sep. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is TPT Global Tech Earnings Yield (Joel Greenblatt) %?

TPT Global Tech TPTW Earnings Yield (Joel Greenblatt) % is -7.50% as of Sep. 2024.

TPT Global Tech's Enterprise Value for the quarter that ended in Sep. 2024 was $20.07 Mil. TPT Global Tech's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was $-1.51 Mil. TPT Global Tech's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2024 was -7.50%.

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

TPTW' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -8.35   Med: 0   Max: 0
Current: -7.73

TPTW's Earnings Yield (Joel Greenblatt) % is not ranked
in the Hardware industry.
Industry Median: 2.26 vs TPTW: -7.73

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) %. TPT Global Tech's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 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.


TPT Global Tech  (OTCPK:TPTW) 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.


TPT Global Tech Earnings Yield (Joel Greenblatt) % Related Terms


TPT Global Tech Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for TPT Global Tech'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.

TPT Global Tech Earnings Yield (Joel Greenblatt) % Chart

TPT Global Tech Annual Data
Trend Dec05 Dec06 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -54.05 -13.53 -4.54 -84.03 -49.26

TPT Global Tech 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 -63.69 -49.26 -55.56 -23.58 -7.50

TPTW vs BDRL, MLRT, ELST: Earnings Yield (Joel Greenblatt) % Comparison

For the Communication Equipment subindustry, TPT Global Tech'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.


TPT Global Tech Earnings Yield (Joel Greenblatt) % vs Hardware Industry

For the Hardware industry and Technology sector, TPT Global Tech's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



TPT Global Tech 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.

TPT Global Techs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-9.53/19.354654
=-49.24 %

TPT Global Tech'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 $-1.51 Mil.


What does a Earnings Yield (Joel Greenblatt) % of -7.50% mean?
TPT Global Tech (TPTW) has a Earnings Yield (Joel Greenblatt) % of -7.50% as of Sep. 2024. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on TPT Global Tech and its competitors.
Is TPT Global Tech's Earnings Yield (Joel Greenblatt) % too high?
TPT Global Tech's current Earnings Yield (Joel Greenblatt) % is -7.50%.
How does TPT Global Tech's Earnings Yield (Joel Greenblatt) % compare to BDRL and MLRT?
TPT Global Tech's Earnings Yield (Joel Greenblatt) % of -7.50% can be compared against companies in the Hardware industry. The industry median Earnings Yield (Joel Greenblatt) % is 2.26. 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 Hardware company?
The median Earnings Yield (Joel Greenblatt) % among Hardware companies is 2.26, based on 2,489 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 TPT Global Tech and its competitors. For the Hardware industry, the median Earnings Yield (Joel Greenblatt) % is 2.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TPT Global Tech's current Earnings Yield (Joel Greenblatt) % is -7.50%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TPT Global Tech stock overvalued right now?
TPT Global Tech (TPTW) has a current Earnings Yield (Joel Greenblatt) % of -7.50%. The current Earnings Yield (Joel Greenblatt) % is -7.50%. 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 TPT Global Tech (TPTW), the current Earnings Yield (Joel Greenblatt) % is -7.50% as of Sep. 2024. 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.

TPT Global Tech Business Description

Address 501 West Broadway, Suite 800, San Diego, CA, USA, 92101
TPT Global Tech Inc is engaged in the business of distribution of cell phones and telecommunications equipment. The company's operating segment includes TPT SpeedConnect; Blue Collar, and TPT MedTech and QuikLABS. It generates maximum revenue from the TPT SpeedConnect segment. The company offers offer Software as a Service (SaaS), Technology Platform as a Service (PAAS), Cloud-based Unified Communication as a Service (UCaaS) and carrier-grade performance and support for businesses over private IP MPLS fiber and wireless network in the United States. It also operates as a Master distributor for Nationwide Mobile Virtual Network Operators (MVNO) and Independent Sales Organization (ISO).