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Madison Ave Media (Madison Ave Media) Earnings Yield (Joel Greenblatt) % : 0.00% (As of May. 2011)


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What is Madison Ave Media Earnings Yield (Joel Greenblatt) %?

Madison Ave Media's Enterprise Value for the quarter that ended in May. 2011 was $11.90 Mil. Madison Ave Media's EBIT for the trailing twelve months (TTM) ended in May. 2011 was $-2.18 Mil. Madison Ave Media's Earnings Yield (Joel Greenblatt) for the quarter that ended in May. 2011 was 0.00%.

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

KHZM's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Media - Diversified industry.
Industry Median: 3.105
* 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) %. Madison Ave Media's Forward Rate of Return (Yacktman) % for the quarter that ended in May. 2011 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.


Madison Ave Media Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Madison Ave 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.

* Premium members only.

Madison Ave Media Earnings Yield (Joel Greenblatt) % Chart

Madison Ave Media Annual Data
Trend Aug07 Aug08 Aug09 Aug10
Earnings Yield (Joel Greenblatt) %
- - - -1.27

Madison Ave Media Quarterly Data
Aug07 Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10 Feb11 May11
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 - - - - -

Competitive Comparison of Madison Ave Media's Earnings Yield (Joel Greenblatt) %

For the Advertising Agencies subindustry, Madison Ave 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.


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

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

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



Madison Ave Media 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.

Madison Ave Medias Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Aug. 2010 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-1.126/88.77725
=-1.27 %

Madison Ave Media's EBIT for the trailing twelve months (TTM) ended in May. 2011 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.18 Mil.



Madison Ave Media  (GREY:KHZM) 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.


Madison Ave Media Earnings Yield (Joel Greenblatt) % Related Terms

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Madison Ave Media (Madison Ave Media) Business Description

Traded in Other Exchanges
N/A
Address
875 Orange Avenue, Suite 201, Coronado, CA, USA, 92118
Madison Ave Media Inc is a Delaware Corporation. It is a digital media company that offers an array of marketing technologies and services to clients in multiple industries. Its technology and services bring marketing, communications and advertising solutions to clients. It specializes in marketing for small business owners and medical professionals, specifically dermatology, dentistry, and plastic surgery.

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