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Nintendo Co (Nintendo Co) Earnings Yield (Joel Greenblatt) %

: 10.46% (As of Dec. 2023)
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Nintendo Co's Enterprise Value for the quarter that ended in Dec. 2023 was $46,540 Mil. Nintendo Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $4,836 Mil. Nintendo Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 10.46%.

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

NTDOY' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -12.45   Med: 5.62   Max: 16.45
Current: 11.27

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Nintendo Co was 16.45%. The lowest was -12.45%. And the median was 5.62%.

NTDOY's Earnings Yield (Joel Greenblatt) % is ranked better than
82.38% of 579 companies
in the Interactive Media industry
Industry Median: 0 vs NTDOY: 11.27

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) %. Nintendo Co'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.


Nintendo Co Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Nintendo Co'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.

Nintendo Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Earnings Yield (Joel Greenblatt) %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.31 9.66 12.12 12.21 14.68

Nintendo Co 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) % 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 14.51 14.68 12.14 12.69 10.46

Competitive Comparison

For the Electronic Gaming & Multimedia subindustry, Nintendo Co'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.


Nintendo Co Earnings Yield (Joel Greenblatt) % Distribution

For the Interactive Media industry and Communication Services sector, Nintendo Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Nintendo Co 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.

Nintendo Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=4495.434/31066.9548
=14.47 %

Nintendo Co'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 $4,836 Mil.



Nintendo Co  (OTCPK:NTDOY) 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.


Nintendo Co Earnings Yield (Joel Greenblatt) % Related Terms

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


Nintendo Co (Nintendo Co) Business Description

Traded in Other Exchanges
Address
11-1 Hokotate-cho, Kamitoba, Minami-ku, Kyoto, JPN, 601-8501
Nintendo started its video game console business in 1983 by launching the NES, and started its portable console business in 1989 by launching the Game Boy. Since then, the firm has focused on expanding the gaming population by delivering unique entertainment experiences on its original console systems; the Wii and Nintendo DS are its most popular hardware. However, Nintendo not only makes game consoles, but also owns world-renowned IPs such as Super Mario, Pokemon, and Zelda, which have been a source of cash flow for 40 years. 2020 was the 35th anniversary of Super Mario, Nintendo's most famous character.

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