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Lions Gate Entertainment Earnings Yield (Joel Greenblatt) %

: 1.22% (As of Jun. 2021)
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Lions Gate Entertainment's Enterprise Value for the quarter that ended in Jun. 2021 was $7,159 Mil. Lions Gate Entertainment's EBIT for the trailing twelve months (TTM) ended in Jun. 2021 was $87 Mil. Lions Gate Entertainment's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2021 was 1.22%.

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

NYSE:LGF.B' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -5.13   Med: 2.37   Max: 6.87
Current: 1.43

-5.13
6.87

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Lions Gate Entertainment was 6.87%. The lowest was -5.13%. And the median was 2.37%.

NYSE:LGF.B's Earnings Yield (Joel Greenblatt) % is ranked lower than
59% of the 167 Companies
in the Media - Diversified industry.

( Industry Median: 4.70 vs. NYSE:LGF.B: 1.43 )

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) %. Lions Gate Entertainment's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2021 was 6.01%. 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.


Lions Gate Entertainment Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Lions Gate Entertainment'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.

Lions Gate Entertainment Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Earnings Yield (Joel Greenblatt) %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.23 4.41 -1.64 -0.29 2.90

Lions Gate Entertainment Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 2.32 1.51 2.88 2.90 1.22

Competitive Comparison

For the Entertainment subindustry, Lions Gate Entertainment'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.

   

Lions Gate Entertainment Earnings Yield (Joel Greenblatt) % Distribution

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

* The bar in red indicates where Lions Gate Entertainment's Earnings Yield (Joel Greenblatt) % falls into.



Lions Gate Entertainment 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.

Lions Gate Entertainments Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2021 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=164.1/5660.78
=2.90 %

Lions Gate Entertainment's EBIT for the trailing twelve months (TTM) ended in Jun. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $87 Mil.



Lions Gate Entertainment  (NYSE:LGF.B) 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.


Lions Gate Entertainment Earnings Yield (Joel Greenblatt) % Related Terms

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


Lions Gate Entertainment Business Description

Lions Gate Entertainment logo
Industry
Traded in Other Exchanges
Address
250 Howe Street, 20th Floor, Vancouver, BC, CAN, V6C 3R8
Lions Gate Entertainment Corp is a filmed entertainment studio with a presence in motion pictures, television programming, home entertainment, and digitally delivered content. The company releases more than 25 motion pictures theatrically per year, which includes films developed in-house, as well as films acquired from third parties.
Executives
Sanchez Daniel E. director C/O DISCOVERY, INC. 8403 COLESVILLE ROAD SILVER SPRING MD 20910
Mccaw Susan director LIONSGATE 2700 COLORADO AVENUE SANTA MONICA CA 90404
Crawford Gordon director LIONSGATE 2700 COLORADO AVENUE SANTA MONICA CA 90404
Rachesky Mark H Md director, 10 percent owner 40 WEST 57TH STREET, 24TH FLOOR NEW YORK NY 10019
Fine Emily director 1345 AVENUE OF THE AMERICAS 42ND FLOOR NEW YORK NY 10105
Clyburn Mignon L director 12601 PLANTSIDE DRIVE LOUISVILLE KY 40299
Ostolaza Yvette director LIONSGATE 2700 COLORADO AVENUE SANTA MONICA CA 90404
Simmons Hardwick director 880 CARILLON PARKWAY ST. PETERSBURG FL 33716
Simm Daryl director 437 MADISON AVENUE NEW YORK NY 10022
Barge James W officer: Chief Financial Officer VIACOM INC. 1515 BROADWAY NEW YORK NY 10036
Liberty Global Ventures Ltd 10 percent owner GRIFFIN HOUSE, 161 HAMMERSMITH ROAD LONDON X0 W6 8BS
Liberty Global Plc 10 percent owner 1550 WEWATTA ST, SUITE 1000 DENVER CO 80202
Goldsmith Brian officer: Chief Operating Officer LIONS GATE ENTERTAINMENT CORP. 2700 COLORADO AVENUE SANTA MONICA CA 90292
Evrensel Arthur director C/O 2200-1055 WEST HASTINGS STREET VANCOUVER A1 V6E 2E9
Feltheimer Jon director, officer: Chief Executive Officer 2700 COLORADO AVENUE STE 200 SANTA MONICA CA 90404

Lions Gate Entertainment Headlines

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