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Himalaya Technologies (Himalaya Technologies) Earnings Yield (Joel Greenblatt) % : -128.21% (As of Jan. 2024)


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What is Himalaya Technologies Earnings Yield (Joel Greenblatt) %?

Himalaya Technologies's Enterprise Value for the quarter that ended in Jan. 2024 was $0.46 Mil. Himalaya Technologies's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was $-0.59 Mil. Himalaya Technologies's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jan. 2024 was -128.21%.

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

HMLA' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -7829.41   Med: -1565.83   Max: -1.71
Current: -161.29

During the past 11 years, the highest Earnings Yield (Joel Greenblatt) of Himalaya Technologies was -1.71%. The lowest was -7829.41%. And the median was -1565.83%.

HMLA's Earnings Yield (Joel Greenblatt) % is ranked worse than
95.52% of 581 companies
in the Interactive Media industry
Industry Median: 0 vs HMLA: -161.29

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) %. Himalaya Technologies's Forward Rate of Return (Yacktman) % for the quarter that ended in Jan. 2024 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.


Himalaya Technologies Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Himalaya 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.

Himalaya Technologies Earnings Yield (Joel Greenblatt) % Chart

Himalaya Technologies Annual Data
Trend Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Jul21 Jul22 Jul23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.59 -57.80 17.12 -20.00 -133.33

Himalaya Technologies Quarterly Data
Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -16.72 -135.14 -133.33 -133.33 -128.21

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

For the Internet Content & Information subindustry, Himalaya 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.


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

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

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



Himalaya 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.

Himalaya Technologiess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jul. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-0.544/0.4095669
=-132.82 %

Himalaya Technologies's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.59 Mil.



Himalaya Technologies  (OTCPK:HMLA) 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.


Himalaya Technologies Earnings Yield (Joel Greenblatt) % Related Terms

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Himalaya Technologies (Himalaya Technologies) Business Description

Traded in Other Exchanges
N/A
Address
831 West North Avenue, Pittsburgh, PA, USA, 15233
Himalaya Technologies Inc along with its subsidiaries is targeting information services for the cannabis industry. The company uses its social site Kanab.Club. It is a cannabis social media platform which acts as a benchmark for uniting the cannabis community.
Executives
Vikram P Grover director, 10 percent owner, officer: CEO, Chairman 1340 BROOK ST. UNIT M, ST CHARLES IL 60174
Paul D Maniscalco officer: Chief Financial Officer 1600 STOUT STREET, #450, DENVER CO 80202
St James David M director 3395 S. JONES BLVD., #169, LAS VEGAS NV 89146
Thomas Fw Campbell 10 percent owner 1155 W. CALLE FUENTE DE CARINO, SAHUARITA AZ 85629

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