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Macbee Planet (TSE:7095) Earnings Yield (Joel Greenblatt) % : 6.31% (As of Jan. 2024)


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What is Macbee Planet Earnings Yield (Joel Greenblatt) %?

Macbee Planet's Enterprise Value for the quarter that ended in Jan. 2024 was 円61,215 Mil. Macbee Planet's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was 円3,866 Mil. Macbee Planet's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jan. 2024 was 6.31%.

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

TSE:7095' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.3   Med: 4.31   Max: 9.85
Current: 8.76

During the past 6 years, the highest Earnings Yield (Joel Greenblatt) of Macbee Planet was 9.85%. The lowest was 0.30%. And the median was 4.31%.

TSE:7095's Earnings Yield (Joel Greenblatt) % is ranked better than
74.9% of 1052 companies
in the Media - Diversified industry
Industry Median: 2.785 vs TSE:7095: 8.76

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) %. Macbee Planet's Forward Rate of Return (Yacktman) % for the quarter that ended in Jan. 2024 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.


Macbee Planet Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Macbee Planet'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.

Macbee Planet Earnings Yield (Joel Greenblatt) % Chart

Macbee Planet Annual Data
Trend Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial - 6.45 4.21 6.51 4.58

Macbee Planet Quarterly Data
Apr18 Apr19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.18 4.58 3.98 6.98 6.31

Competitive Comparison of Macbee Planet's Earnings Yield (Joel Greenblatt) %

For the Advertising Agencies subindustry, Macbee Planet'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.


Macbee Planet's Earnings Yield (Joel Greenblatt) % Distribution in the Media - Diversified Industry

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

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



Macbee Planet 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.

Macbee Planets Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Apr. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=2180.708/47575.7958
=4.58 %

Macbee Planet's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円3,866 Mil.



Macbee Planet  (TSE:7095) 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.


Macbee Planet Earnings Yield (Joel Greenblatt) % Related Terms

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Macbee Planet (TSE:7095) Business Description

Traded in Other Exchanges
N/A
Address
3-11-11 Shibuya, IV-East Building 4th Floor, 5th Floor, Shibuya-ku, Tokyo, JPN, 150-0002
Macbee Planet Inc is engaged in provision of marketing analysis service using data. The company operates with 2 business areas, the Analytics Consulting Business which builds LTV prediction models by analyzing and visualizing purchasing data to derive optimal marketing methods, and the Marketing Technology Business which provides sales and operation support for in-house developed products utilizing data and technology.

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