MCKPF has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
MCKPF has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Mallinckrodt's Enterprise Value for the quarter that ended in Sep. 2023 was $-11 Mil. Mallinckrodt's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $-1,868 Mil. Mallinckrodt's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2023 was 10,000.00%.
The historical rank and industry rank for Mallinckrodt's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
During the past 12 years, the highest Earnings Yield (Joel Greenblatt) of Mallinckrodt was 17306.34%. The lowest was -41.14%. And the median was -26.85%.
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) %. Mallinckrodt's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 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.
The historical data trend for Mallinckrodt'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.
Mallinckrodt Annual Data | |||||||||||||||||||||
Trend | Sep13 | Sep14 | Sep15 | Sep16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | |||||||||||
Earnings Yield (Joel Greenblatt) % | Get a 7-Day Free Trial | - | - | - | - | - |
Mallinckrodt Quarterly Data | ||||||||||||||||||||
Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | |
Earnings Yield (Joel Greenblatt) % | Get a 7-Day Free Trial | -37.17 | - | -40.00 | -19.05 | No Debt |
For the Drug Manufacturers - Specialty & Generic subindustry, Mallinckrodt'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.
For the Drug Manufacturers industry and Healthcare sector, Mallinckrodt's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Mallinckrodt's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Mallinckrodts Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2022 is calculated as
Earnings Yield (Joel Greenblatt) | = | EBIT | / | Enterprise Value |
= | 0 | / | 2764.374475 | |
= | % |
Mallinckrodt's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1,868 Mil.
Mallinckrodt (OTCPK:MCKPF) 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.
Thank you for viewing the detailed overview of Mallinckrodt's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Alta Fundamental Advisers Llc | 10 percent owner | 1500 BROADWAY, SUITE 704, NEW YORK NY 10036 |
Jason Daniel Goodson | officer: EVP & Head of Corp Development | 106 CENTRAL PARK AVENUE, WENTZVILLE MO 63885 |
James R Sulat | director | |
Paul Bisaro | director | |
Sigurdur O Olafsson | director, officer: President and CEO | 360 MOUNT KEMBLE AVENUE, MORRISTOWN NJ 07960 |
Stephen Andrew Welch | officer: EVP & Head of Spec Generics | 18440 BRIDGEMORE LANE, LOUISVILLE KY 40245 |
Peter C Richardson | officer: EVP & Chief Scientific Officer | 28903 NORTH AVENUE PAINE, VALENCIA CA 91355 |
Susan Michele Silbermann | director | C/O LIANBIO, 103 CARNEGIE CENTER DRIVE, SUITE 215, PRINCETON NJ 08540 |
Lisa French | officer: EVP & Chief Commercial Officer | 301 CONTINENTAL LANE, PAOLI PA 19301 |
Mark Anthony Tyndall | officer: EVP & Chief Legal Offi & Secre | 1101 Q ST NW, WASHINGTON DC 20009 |
Henriette Nielsen | officer: EVP & Chief Transformation OFC | 202 WEST 85TH STREET, APT. 5, NEW YORK NY 10024 |
Karen Ling | director | C/O FOREST LABORATORIES, INC., 909 THIRD AVENUE, NEW YORK NY 10022 |
Anne Clem Whitaker | director | 109 BRIERY BRANCH COURT, MORRISVILLE NC 27560 |
Olifant Luxco S.a R.l. | 10 percent owner | 19, RUE DE BITBOURG, LUXEMBOURG N4 L-1273 |
Paul Rutherford Carter | director | SOUTH BUILDING, 2 ROUNDWOOD AVENUE, STOCKLEY PARK X0 UB11 1AF |
From GuruFocus
By Marketwired • 08-25-2023
By PRNewswire • 08-08-2023
By PRNewswire • 10-10-2023
By GuruFocus Research • 08-23-2023
By PRNewswire • 08-10-2023
By PRNewswire • 08-22-2023
By Marketwired • 08-07-2023
By PRNewswire • 11-15-2023
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.