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Alpha Co (TSE:4760) Earnings Yield (Joel Greenblatt) % : 1.07% (As of Feb. 2025)


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What is Alpha Co Earnings Yield (Joel Greenblatt) %?

Alpha Co's Enterprise Value for the quarter that ended in Feb. 2025 was 円1,789 Mil. Alpha Co's EBIT for the trailing twelve months (TTM) ended in Feb. 2025 was 円149 Mil. Alpha Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Feb. 2025 was 1.07%.

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

TSE:4760' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -75.9   Med: 4.31   Max: 27.26
Current: 8.6

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Alpha Co was 27.26%. The lowest was -75.90%. And the median was 4.31%.

TSE:4760's Earnings Yield (Joel Greenblatt) % is ranked better than
72.64% of 1049 companies
in the Media - Diversified industry
Industry Median: 1.96 vs TSE:4760: 8.60

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) %. Alpha Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Feb. 2025 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.


Alpha Co Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Alpha 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.

Alpha Co Earnings Yield (Joel Greenblatt) % Chart

Alpha Co Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -31.65 -51.81 -7.47 -20.79 7.83

Alpha Co Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Feb25
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 -16.50 -7.05 0.78 7.83 1.07

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

For the Advertising Agencies subindustry, Alpha 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.


Alpha Co's Earnings Yield (Joel Greenblatt) % Distribution in the Media - Diversified Industry

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

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


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Alpha 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.

Alpha Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Aug. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=149.021/1902.872
=7.83 %

Alpha Co's EBIT for the trailing twelve months (TTM) ended in Feb. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was 円149 Mil.



Alpha Co  (TSE:4760) 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.


Alpha Co Earnings Yield (Joel Greenblatt) % Related Terms

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Alpha Co Business Description

Traded in Other Exchanges
N/A
Address
Naka-ku Kuwano 709 6, Okayama Prefecture, Okayama, JPN
Alpha Co Ltd is engaged in planning, production, and sales of promotion items. The business of the company includes shopper marketing, store front promotion, and POPGALLERY business.

Alpha Co Headlines

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