GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Gaming Realms PLC (LSE:GMR) » Definitions » Earnings Yield (Joel Greenblatt) %

Gaming Realms (LSE:GMR) Earnings Yield (Joel Greenblatt) %

: 5.45% (As of Dec. 2023)
View and export this data going back to 2001. Start your Free Trial

Gaming Realms's Enterprise Value for the quarter that ended in Dec. 2023 was £95.66 Mil. Gaming Realms's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was £5.21 Mil. Gaming Realms's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 5.45%.

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

LSE:GMR' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -133575.44   Med: -1.1   Max: 236591.51
Current: 6.28

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Gaming Realms was 236591.51%. The lowest was -133575.44%. And the median was -1.10%.

LSE:GMR's Earnings Yield (Joel Greenblatt) % is ranked better than
64.99% of 854 companies
in the Travel & Leisure industry
Industry Median: 4.205 vs LSE:GMR: 6.28

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) %. Gaming Realms'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.


Gaming Realms Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Gaming Realms'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.

Gaming Realms Annual Data
Trend Sep13 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -14.45 -1.73 1.81 5.40 5.45

Gaming Realms Semi-Annual Data
Mar14 Sep14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Earnings Yield (Joel Greenblatt) % 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 Premium Member Only Premium Member Only Premium Member Only 1.81 - 5.40 - 5.45

Competitive Comparison

For the Gambling subindustry, Gaming Realms'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.


Gaming Realms Earnings Yield (Joel Greenblatt) % Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, Gaming Realms's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Gaming Realms 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.

Gaming Realmss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=5.211/95.660634
=5.45 %

For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.



Gaming Realms  (LSE:GMR) 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.


Gaming Realms Earnings Yield (Joel Greenblatt) % Related Terms

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


Gaming Realms (LSE:GMR) Business Description

Traded in Other Exchanges
Address
Two Valentine Place, London, GBR, SE1 8QH
Gaming Realms PLC is a gaming company. It develops, publishes and licenses next-generation mobile gaming content. The company creates and publishes real money and social games for mobile, with operations in the UK, the U.S and Canada. The group has two continuing reportable operating segments Licensing - brand and content licensing to partners in Europe and the U.S, and Social Publishing - providing freemium games to the U.S and Europe. The company's geographical segment includes the UK, including Channel Islands, the U.S and Rest of the world. It generates the majority of its revenue from Social Publishing segment.

Gaming Realms (LSE:GMR) Headlines

No Headlines