What is Enad Global 7 AB Earnings Yield (Joel Greenblatt) %?
Enad Global 7 AB's Enterprise Value for the quarter that ended in Dec. 2023 was kr1,277 Mil.
Enad Global 7 AB's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was kr219 Mil. Enad Global 7 AB's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 17.12%.
The historical rank and industry rank for Enad Global 7 AB's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
OSTO:EG7'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -13.6 Med: 0.62 Max: 30.18
Current: 25.97
During the past 8 years, the highest Earnings Yield (Joel Greenblatt) of Enad Global 7 AB was 30.18%. The lowest was -13.60%. And the median was 0.62%.
OSTO:EG7's Earnings Yield (Joel Greenblatt) % is ranked better than 92.4% of 579
companies
in the Interactive Media industry
Industry Median: 0
vs OSTO:EG7: 25.97
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) %. Enad Global 7 AB'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.
Enad Global 7 AB Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Enad Global 7 AB'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.
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Enad Global 7 AB Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of Enad Global 7 AB's Earnings Yield (Joel Greenblatt) %
For the Electronic Gaming & Multimedia subindustry, Enad Global 7 AB'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.
Enad Global 7 AB's Earnings Yield (Joel Greenblatt) % Distribution in the Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Enad Global 7 AB's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Enad Global 7 AB's Earnings Yield (Joel Greenblatt) % falls into.
Enad Global 7 AB 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.
Enad Global 7 ABs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as
Enad Global 7 AB'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 kr219 Mil.
Enad Global 7 AB (OSTO:EG7) 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.
Enad Global 7 AB Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Enad Global 7 AB's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Enad Global 7 AB operates within the gaming industry developing, marketing, publishing, and distributing PC, console, and mobile games to the gaming market. The company's game developers develop its own original IPs, as well as act as consultants to other publishers around the world through its game development divisions Toadman Studios and Antimatter Games. In addition, the company's marketing department Petrol has contributed to the release of approximately 1,500 titles, of which many are brands such as Call of Duty, Destiny, Dark Souls, and Rage. The company has two operating segments; Games and Services, and it derives a majority of its revenue from the Games segment.
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