GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Egyptian Media Production (CAI:MPRC) » Definitions » Earnings Yield (Joel Greenblatt) %

Egyptian Media Production (CAI:MPRC) Earnings Yield (Joel Greenblatt) % : 19.65% (As of Dec. 2018)


View and export this data going back to 1999. Start your Free Trial

What is Egyptian Media Production Earnings Yield (Joel Greenblatt) %?

Egyptian Media Production's Enterprise Value for the quarter that ended in Dec. 2018 was E£859.2 Mil. Egyptian Media Production's EBIT for the trailing twelve months (TTM) ended in Dec. 2018 was E£68.7 Mil. Egyptian Media Production's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2018 was 19.65%.

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

CAI:MPRC's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Media - Diversified industry.
Industry Median: 2.92
* Ranked among companies with meaningful Earnings Yield (Joel Greenblatt) % only.

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) %. Egyptian Media Production's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2018 was 20.00%. 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.


Egyptian Media Production Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Egyptian Media Production'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.

Egyptian Media Production Earnings Yield (Joel Greenblatt) % Chart

Egyptian Media Production Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.77 10.37 22.12 10.54 19.65

Egyptian Media Production Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 10.54 9.62 14.37 26.04 19.65

Competitive Comparison of Egyptian Media Production's Earnings Yield (Joel Greenblatt) %

For the Entertainment subindustry, Egyptian Media Production'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.


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

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

* The bar in red indicates where Egyptian Media Production's Earnings Yield (Joel Greenblatt) % falls into.



Egyptian Media Production 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.

Egyptian Media Productions Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2018 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=57.869/859.1543
=6.74 %

Egyptian Media Production's EBIT for the trailing twelve months (TTM) ended in Dec. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was E£68.7 Mil.



Egyptian Media Production  (CAI:MPRC) 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.


Egyptian Media Production Earnings Yield (Joel Greenblatt) % Related Terms

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


Egyptian Media Production (CAI:MPRC) Business Description

Traded in Other Exchanges
N/A
Address
Mutamaiyez Neighborhood, Sixth Of October, PO Box: 5, Cairo, EGY, 15515
Egyptian Media Production operates in media segment. It produces cultural, drama & kids shows. The Company also provides media equipments, media products marketing and services like sound studio, graphic centers & audio dubbing studio. It also provides event management services.

Egyptian Media Production (CAI:MPRC) Headlines

No Headlines