What is Light Media Holdings Earnings Yield (Joel Greenblatt) %?
Light Media Holdings's Enterprise Value for the quarter that ended in Dec. 2021 was $0.00 Mil.
Light Media Holdings does not have enough years/quarters to calculate its EBIT for the trailing twelve months (TTM) ended in Dec. 2021. Therefore, GuruFocus does not calculate Light Media Holdings's Earnings Yield (Joel Greenblatt) at this moment.
The historical rank and industry rank for Light Media Holdings's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
LGMH's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Media - Diversified industry.
Industry Median: 2.79 * Ranked among companies with meaningful Earnings Yield (Joel Greenblatt) % only.
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) %. Light Media Holdings's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2021 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.
Light Media Holdings Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Light Media Holdings'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.
Light Media Holdings Earnings Yield (Joel Greenblatt) % Chart
Light Media Holdings Annual Data
Trend
Dec21
Earnings Yield (Joel Greenblatt) %
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Light Media Holdings Semi-Annual Data
Dec21
Earnings Yield (Joel Greenblatt) %
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Competitive Comparison of Light Media Holdings's Earnings Yield (Joel Greenblatt) %
For the Entertainment subindustry, Light Media Holdings'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.
Light Media Holdings's Earnings Yield (Joel Greenblatt) % Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Light Media Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Light Media Holdings's Earnings Yield (Joel Greenblatt) % falls into.
Light Media Holdings 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.
Light Media Holdingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2021 is calculated as
Light Media Holdings (OTCPK:LGMH) 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.
Light Media Holdings Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Light Media Holdings's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Light Media Holdings (Light Media Holdings) Business Description
Light Media Holdings Inc is engaged in inspirational media and entertainment, via a variety of websites and distribution channels. It consists of web and mobile-enabled digital properties, apps, and social media platforms, providing news, information, and entertainment that provide clients with a powerful reach and visibility within and throughout the media demographic. The company enables sponsors and advertisers to realize the superior benefits of integrated 360 digital advertising reach via audio/video, banner ads, e-blasts, and social media engagement.
Light Media Holdings (Light Media Holdings) Headlines
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