What is Domain Holdings Australia Earnings Yield (Joel Greenblatt) %?
Domain Holdings Australia's Enterprise Value for the quarter that ended in Dec. 2023 was $1,127.4 Mil.
Domain Holdings Australia's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $53.7 Mil. Domain Holdings Australia's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 0.00%.
The historical rank and industry rank for Domain Holdings Australia's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
DHGAF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -10.31 Med: 1.33 Max: 3.83
Current: 3.68
During the past 6 years, the highest Earnings Yield (Joel Greenblatt) of Domain Holdings Australia was 3.83%. The lowest was -10.31%. And the median was 1.33%.
DHGAF's Earnings Yield (Joel Greenblatt) % is ranked better than 62.52% of 579
companies
in the Interactive Media industry
Industry Median: 0
vs DHGAF: 3.68
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) %. Domain Holdings Australia'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.
Domain Holdings Australia Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Domain Holdings Australia'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.
Domain Holdings Australia Earnings Yield (Joel Greenblatt) % Chart
For the Internet Content & Information subindustry, Domain Holdings Australia'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.
Domain Holdings Australia's Earnings Yield (Joel Greenblatt) % Distribution in the Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Domain Holdings Australia's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Domain Holdings Australia's Earnings Yield (Joel Greenblatt) % falls into.
Domain Holdings Australia 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.
Domain Holdings Australias Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 2023 is calculated as
For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.
Domain Holdings Australia (OTCPK:DHGAF) 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.
Domain Holdings Australia Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Domain Holdings Australia's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Domain Holdings Australia (Domain Holdings Australia) Business Description
Domain is a technology company operating in the Australian real estate sector. Domain's primary business is a digital listings platform for residential real estate, www.domain.com.au, which is the second-largest residential real estate listings platform in Australia, after www.realestate.com.au, which is owned by REA Group. Domain is majority-owned by media company Nine Entertainment, while REA is majority-owned by rival media company News Corp. Domain's other businesses include a digital listings platform for commercial real estate, solutions for developers and agents, and print advertising.
Domain Holdings Australia (Domain Holdings Australia) Headlines
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