What is Leaf Group Earnings Yield (Joel Greenblatt) %?
Leaf Group's Enterprise Value for the quarter that ended in Mar. 2021 was $201.4 Mil.
Leaf Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2021 was $-4.0 Mil. Leaf Group's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2021 was -2.16%.
The historical rank and industry rank for Leaf Group's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
LEAF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2.46 Med: -1.5 Max: -1.38
Current: -1.49
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Leaf Group was -1.38%. The lowest was -2.46%. And the median was -1.50%.
LEAF's Earnings Yield (Joel Greenblatt) % is not ranked
in the Interactive Media industry.
Industry Median: 0.145
vs LEAF: -1.49
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) %. Leaf Group's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2021 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.
Leaf Group Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Leaf Group'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.
Leaf Group Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of Leaf Group's Earnings Yield (Joel Greenblatt) %
For the Internet Content & Information subindustry, Leaf Group'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.
Leaf Group's Earnings Yield (Joel Greenblatt) % Distribution in the Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Leaf Group's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Leaf Group's Earnings Yield (Joel Greenblatt) % falls into.
Leaf Group 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.
Leaf Groups Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2020 is calculated as
Leaf Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.0 Mil.
Leaf Group (NYSE:LEAF) 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.
Leaf Group Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Leaf Group's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Leaf Group Ltd is a diversified consumer internet company that builds enduring, creator-driven brands that reach passionate audiences in large and growing lifestyle categories, including fitness and wellness and home, art and design. The company operates in three segments: Society6 Group, Saatchi Art Group, and Media Group. Society6 Group is made-to-order marketplace business and includes Society6.com and its wholesale channel. Saatchi Art Group which includes SaatchiArt.com and its complementary art fair event brand, The Other Art Fair which is online art gallery with a focus on emerging artists. Its Media Group segment consists of a diverse portfolio of media properties that educate and inform consumers on a broad range of topics.
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