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Bright Mountain Media's Enterprise Value for the quarter that ended in Mar. 2024 was $71.83 Mil. Bright Mountain Media's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $-25.52 Mil. Bright Mountain Media's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2024 was -35.46%.
The historical rank and industry rank for Bright Mountain Media's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
During the past 12 years, the highest Earnings Yield (Joel Greenblatt) of Bright Mountain Media was -1.71%. The lowest was -155.66%. And the median was -6.97%.
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) %. Bright Mountain Media's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 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.
The historical data trend for Bright Mountain Media'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.
Bright Mountain Media Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Earnings Yield (Joel Greenblatt) % | Get a 7-Day Free Trial | -4.36 | -19.05 | -42.02 | -7.12 | -32.57 |
Bright Mountain Media Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Earnings Yield (Joel Greenblatt) % | Get a 7-Day Free Trial | -9.89 | -12.56 | -31.95 | -32.57 | -35.46 |
For the Internet Content & Information subindustry, Bright Mountain Media'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.
For the Interactive Media industry and Communication Services sector, Bright Mountain Media's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Bright Mountain Media's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Bright Mountain Medias Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as
Earnings Yield (Joel Greenblatt) | = | EBIT | / | Enterprise Value |
= | -26.375 | / | 81.008082 | |
= | -32.56 % |
Bright Mountain Media's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-25.52 Mil.
Bright Mountain Media (OTCPK:BMTM) 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.
Thank you for viewing the detailed overview of Bright Mountain Media's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Ethan Rudin | officer: Chief Financial Officer | 1095 BROKEN SOUND PARKWAY, SUITE 300, BOCA RATON FL 33487 |
Pamela J. Parizek | director | C/O BRIGHT MOUNTAIN MEDIA, INC., 6400 CONGRESS AVENUE, SUITE 6400, BOCA RATON FL 33487 |
W Kip Speyer | director, 10 percent owner, officer: CEO, PRESIDENT, CHAIRMAN | 10361 PARKSTONE WAY, BOCA RATON FL 33498 |
Charles Pearlman | director | 1 EAST BROWARD BLVD., FORT LAUDERDALE FL 33301 |
Dennis W Healey | director, officer: CFO, Secretary | 14044 ICOT BOULEVARD, CLEARWATER FL 33760 |
Randolph A Pohlman | director | 102 S WYNSTONE PARK DR, N BARRINGTON IL 60010 |
Charles Howard Lichtman | director | 1098 MARBLE WAY, BOCA RATON FL 33432 |
Richard M. Rogers | director | 3707 AMELIA ISLAND LANE, DAVIE FL 33328 |
Jonathan Thielmann | director | 126 E. LEE RD., DELRAY BEACH FL 33445 |
Annette Casacci | officer: Chief Financial Officer | 3774 PEBBLEBROOK MANOR, COCONUT CREEK FL 33073 |
Todd Speyer | director, officer: Dir. Bus. Dvlpmt/Website Mgr. | 9060 CHRYSANTHEMUM DRIVE, BOYNTON BEACH FL 33437 |
Todd F. Davenport | director | 48 SALEM ST., SALEM MA 01810 |
Andrew Handwerker | 10 percent owner | 4399 PINE TREE DRIVE, BOYNTON BEACH FL 33436 |
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