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Mobileye Global (Mobileye Global) Earnings Yield (Joel Greenblatt) % : 0.05% (As of Dec. 2023)


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What is Mobileye Global Earnings Yield (Joel Greenblatt) %?

Mobileye Global's Enterprise Value for the quarter that ended in Dec. 2023 was $33,711 Mil. Mobileye Global's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $8 Mil. Mobileye Global's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 0.05%.

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

MBLY' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -0.4   Med: -0.13   Max: 0.04
Current: 0.03

During the past 5 years, the highest Earnings Yield (Joel Greenblatt) of Mobileye Global was 0.04%. The lowest was -0.40%. And the median was -0.13%.

MBLY's Earnings Yield (Joel Greenblatt) % is ranked worse than
78.87% of 1306 companies
in the Vehicles & Parts industry
Industry Median: 5.72 vs MBLY: 0.03

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) %. Mobileye Global'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.


Mobileye Global Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Mobileye Global'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.

Mobileye Global Earnings Yield (Joel Greenblatt) % Chart

Mobileye Global Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
- - - -0.03 0.05

Mobileye Global Quarterly Data
Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.03 -0.13 -0.27 -0.12 0.05

Competitive Comparison of Mobileye Global's Earnings Yield (Joel Greenblatt) %

For the Auto Parts subindustry, Mobileye Global'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.


Mobileye Global's Earnings Yield (Joel Greenblatt) % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Mobileye Global's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Mobileye Global 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.

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

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=16/33710.50464
=0.05 %

Mobileye Global'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 $8 Mil.



Mobileye Global  (NAS:MBLY) 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.


Mobileye Global Earnings Yield (Joel Greenblatt) % Related Terms

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


Mobileye Global (Mobileye Global) Business Description

Traded in Other Exchanges
N/A
Address
c/o Mobileye B.V., P.O. Box 45157, Har Hotzvim, 13 Hartom Street, Jerusalem, ISR, 9777513
Mobileye Global Inc engages in the development and deployment of ADAS and autonomous driving technologies and solutions. It is building a portfolio of end-to-end ADAS and autonomous driving solutions to provide the capabilities needed for the future of autonomous driving, leveraging a comprehensive suite of purpose-built software and hardware technologies. Its solutions comprise Driver Assist, Cloud-Enhanced Driver Assist, Mobileye SuperVision Lite, Mobileye SuperVision, Mobileye Chauffeur, Mobileye Drive, Self-Driving System & Vehicles. It also provides data services to Expedite Maintenance Operations with AI-Powered Road Survey Technology.
Executives
Claire C. Mccaskill director C/O MOBILEYE GLOBAL INC., HAR HOTZVIM, 13 HARTOM STREET, BOX 45157, JERUSALEM L3 97775
Patrick P Gelsinger director VMWARE, INC., 3401 HILLVIEW AVENUE, PALO ALTO CA 94304
Shai Shalev-shwartz officer: Chief Technology Officer C/O MOBILEYE GLOBAL INC., HAR HOTZVIM, 13 HARTOM STREET, BOX 45157, JERUSALEM L3 97775
Gavriel Hayon officer: See Remarks C/O MOBILEYE GLOBAL INC., HAR HOTZVIM, 13 HARTOM STREET, BOX 45157, JERUSALEM L3 97775
Amnon Shashua director, officer: CEO and President C/O MOBILEYE N.V., HAR HOTZVIM, 13 HARTOM STREET, NO. 45157, JERUSALEM L3 97775
Rojansky Moran Shemesh officer: Acting Chief Financial Officer C/O MOBILEYE B.V., HAR HOTZVIM,, 13 HARTOM STREET, P.O. BOX 45157,, JERUSALEM L3 9777513
Intel Corp 10 percent owner 2200 MISSION COLLEGE BLVD, RNB-4-151, SANTA CLARA CA 95054
Nimrod Nehushtan officer: SVP Bus Dev & Str & Co-Mgr REM C/O MOBILEYE B.V., HAR HOTZVIM, 13 HARTOM STREET, JERUSALEM L3 9777513
Frank D Yeary director C/O INTEL CORPORATION, 2200 MISSION COLLEGE BLVD., RN4-151, SANTA CLARA CA 95054
Safroadu Yeboah-amankwah director C/O MOBILEYE GLOBAL INC., HAR HOTZVIM, 13 HARTOM STREET, BOX 45157, JERUSALEM L3 97775
Christine M Pambianchi director 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Eyal Desheh director C/O MOBILEYE GLOBAL INC., HAR HOTZVIM, 13 HARTOM STREET, BOX 45157, JERUSALEM L3 97775
General Atlantic Partners (lux), Scsp 10 percent owner 55 EAST 52ND STREET, FLOOR 33, NEW YORK NY 10055
General Atlantic (me), L.p. 10 percent owner C/O GENERAL ATLANTIC SERVICE COMPANY, LP, 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
Huntsman Jon M Jr director 500 HUNTSMAN WAY, SALT LAKE CITY UT 84108

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