Network-1 Technologies (Network-1 Technologies) Earnings Yield (Joel Greenblatt) %

: -37.88% (As of Dec. 2023)

View and export this data going back to 1998. Start your Free Trial

Network-1 Technologies's Enterprise Value for the quarter that ended in Dec. 2023 was $5.90 Mil. Network-1 Technologies's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-2.24 Mil. Network-1 Technologies's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was -37.88%.

The historical rank and industry rank for Network-1 Technologies's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

NTIP' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -4286.52 Med: 9.38 Max: 4962.5
Current: -204.08

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Network-1 Technologies was 4962.50%. The lowest was -4286.52%. And the median was 9.38%.

NTIP's Earnings Yield (Joel Greenblatt) % is ranked worse than
98.74% of 1111 companies
in the Business Services industry
Industry Median: 5.73 vs NTIP: -204.08

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) %. Network-1 Technologies's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 was 0.00%. 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.

Network-1 Technologies Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Network-1 Technologies'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.

Network-1 Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Earnings Yield (Joel Greenblatt) %

-57.14

-5.47

263.16

-92.59

-37.88

Network-1 Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Earnings Yield (Joel Greenblatt) %																-92.59	-84.03	-39.84	-32.47	-37.88

Competitive Comparison

For the Specialty Business Services subindustry, Network-1 Technologies'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.

Network-1 Technologies Earnings Yield (Joel Greenblatt) % Distribution

For the Business Services industry and Industrials sector, Network-1 Technologies's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Network-1 Technologies's Earnings Yield (Joel Greenblatt) % falls into.

Network-1 Technologies 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.

Network-1 Technologiess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)	=	EBIT	/	Enterprise Value
	=	-2.235	/	5.903502
	=	-37.86 %

Network-1 Technologies's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.24 Mil.

Network-1 Technologies (AMEX:NTIP) 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

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.

Network-1 Technologies Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Network-1 Technologies's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.

Network-1 Technologies (Network-1 Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Network-1 Technologies Inc (AMEX:NTIP) » Definitions » Earnings Yield (Joel Greenblatt) %

Comparable Companies

Traded in Other Exchanges

6LK:Germany

Address

65 Locust Avenue, Suite 912, New Canaan, CT, USA, 06840

Website

https://www.network-1.com

Network-1 Technologies Inc is involved in the business of the development, licensing, and protection of intellectual property rights. The company's current strategy includes continuing to pursue licensing opportunities for its intellectual property assets.

Executives

Robert Michael Mahan	officer: Chief Financial Officer	87 MADISON AVENUE, #433, PARK RIDGE NJ 07656
Steven D. Heinemann	10 percent owner	C/O GOOSE HILL CAPITAL, 546 FIFTH AVENUE, 14TH FLOOR, NEW YORK NY 10036
Jonathan M Greene	officer: Executive Vice President	23 TOPAZ LANE, TRUMBULL CT 06611
Niv Harizman	director	SAWGRASS CORPORATE INDUSTRIAL PARK, 14000 NW 4TH ST, SUNRISE FL 33325
Allison C Hoffman	director	315 EAST 68TH STREET, NEW YORK NY 10065
Emanuel R Pearlman	director	250 EAST 79TH STREET, NEW YORK NY 10075
Hound Partners Offshore Fund, Lp	10 percent owner	C/O HOUND PARTNERS, LLC, 101 PARK AVENUE, 48TH FLOOR, NEW YORK NY 10178
Hound Partners, Llc	10 percent owner	101 PARK AVENUE, 48TH FLOOR, NEW YORK NY 10178
Hound Performance, Llc	10 percent owner	101 PARK AVENUE, 48TH FLOOR, NEW YORK NY 10178
Auerbach Jonathan A G	10 percent owner	215 E 73RD STREET, NEW YORK NY 10021
Laurent Ohana	director	575 LEXINGTON AVENUE, SUITE 400, NEW YORK NY 10022
Woodland Services Corp	10 percent owner
Marilyn Rubenstein	10 percent owner
Jonathan Lieber	10 percent owner	80 CUTTERMILL ROAD STE 311, GREAT NECKK NY 11201
Barry Rubenstein	10 percent owner	68 WHEATLEY RD, BROOKVILLE NY 11545