OTC Markets Group (OTC Markets Group) Earnings Yield (Joel Greenblatt) %

: 5.07% (As of Dec. 2023)

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OTC Markets Group's Enterprise Value for the quarter that ended in Dec. 2023 was $643.2 Mil. OTC Markets Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $32.6 Mil. OTC Markets Group's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 5.07%.

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

OTCM' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.29 Med: 6.06 Max: 12.78
Current: 5.24

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of OTC Markets Group was 12.78%. The lowest was 4.29%. And the median was 6.06%.

OTCM's Earnings Yield (Joel Greenblatt) % is ranked better than
59.92% of 781 companies
in the Capital Markets industry
Industry Median: 2.52 vs OTCM: 5.24

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) %. OTC Markets Group's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 was 23.20%. 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.

OTC Markets Group Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for OTC Markets Group'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.

OTC Markets Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Earnings Yield (Joel Greenblatt) %

4.50

5.63

5.73

5.63

5.07

OTC Markets Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Earnings Yield (Joel Greenblatt) %																5.63	5.33	5.10	5.49	5.07

Competitive Comparison

For the Financial Data & Stock Exchanges subindustry, OTC Markets Group'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.

OTC Markets Group Earnings Yield (Joel Greenblatt) % Distribution

For the Capital Markets industry and Financial Services sector, OTC Markets Group's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where OTC Markets Group's Earnings Yield (Joel Greenblatt) % falls into.

OTC Markets Group 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.

OTC Markets Groups Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)	=	EBIT	/	Enterprise Value
	=	32.594	/	643.18926
	=	5.07 %

OTC Markets Group'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 $32.6 Mil.

OTC Markets Group (OTCPK:OTCM) 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

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.

OTC Markets Group Earnings Yield (Joel Greenblatt) % Related Terms

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OTC Markets Group (OTC Markets Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » OTC Markets Group Inc (OTCPK:OTCM) » Definitions » Earnings Yield (Joel Greenblatt) %

Comparable Companies

Traded in Other Exchanges

N/A

Address

300 Vesey Street, New York, NY, USA, 10282

Website

https://www.otcmarkets.com

OTC Markets Group Inc operates financial markets for securities in the U.S and globally. The firm mainly operates OTCQX best market, OTCQB venture market and Pink open market. It has OTC link ATS, market data licensing and corporate services business lines. The activities of these business lines encompass quotation and trade messaging services, network-based platform, access to market data, a suite of market data licenses and disclosure and information services. It derives a majority of revenue from the U.S.