What is Linekong Interactive Group Co Earnings Yield (Joel Greenblatt) %?
Linekong Interactive Group Co's Enterprise Value for the quarter that ended in Dec. 2023 was HK$-39.4 Mil.
Linekong Interactive Group Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-15.5 Mil. Linekong Interactive Group Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 46.95%.
The historical rank and industry rank for Linekong Interactive Group Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
HKSE:08267'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -777.86 Med: -46.62 Max: 376.75
Current: -47.17
During the past 11 years, the highest Earnings Yield (Joel Greenblatt) of Linekong Interactive Group Co was 376.75%. The lowest was -777.86%. And the median was -46.62%.
HKSE:08267's Earnings Yield (Joel Greenblatt) % is ranked worse than 88.33% of 574
companies
in the Interactive Media industry
Industry Median: 0.01
vs HKSE:08267: -47.17
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) %. Linekong Interactive Group 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.
Linekong Interactive Group Co Earnings Yield (Joel Greenblatt) % Historical Data
* 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.
Linekong Interactive Group Co Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of Linekong Interactive Group Co's Earnings Yield (Joel Greenblatt) %
For the Electronic Gaming & Multimedia subindustry, Linekong Interactive Group 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.
Linekong Interactive Group Co's Earnings Yield (Joel Greenblatt) % Distribution in the Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Linekong Interactive Group Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Linekong Interactive Group Co's Earnings Yield (Joel Greenblatt) % falls into.
Linekong Interactive Group 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.
Linekong Interactive Group Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as
Linekong Interactive Group 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 HK$-15.5 Mil.
Linekong Interactive Group Co (HKSE:08267) 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.
Linekong Interactive Group Co Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Linekong Interactive Group Co's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Linekong Interactive Group Co (HKSE:08267) Business Description
Linekong Interactive Group Co Ltd is engaged in developing and publishing online and mobile games. Its products include action games, role-playing games and turn-based games such as the blade god, the sword of heaven, spirit of king, Sword of the Sky, light of dawn, noisy heaven, warrior king, the journey to the west, beast and yitian sword and tulong sabre. It operates through two segments namely, Game Business and Film Business. Geographically, the business presences of the group are seen across China, Hong Kong and other countries and regions.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:08267 has been successfully added to your 