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Roku (ROKU) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Sep. 2024)


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What is Roku Earnings Yield (Joel Greenblatt) %?

Roku's Enterprise Value for the quarter that ended in Sep. 2024 was $9,211 Mil. Roku's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was $-230 Mil. Roku's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2024 was 0.00%.

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

ROKU' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -121.29   Med: -0.62   Max: 1.83
Current: -5.32

During the past 9 years, the highest Earnings Yield (Joel Greenblatt) of Roku was 1.83%. The lowest was -121.29%. And the median was -0.62%.

ROKU's Earnings Yield (Joel Greenblatt) % is ranked worse than
73.34% of 1054 companies
in the Media - Diversified industry
Industry Median: 2.57 vs ROKU: -5.32

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) %. Roku's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2024 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.


Roku Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Roku'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.

Roku Earnings Yield (Joel Greenblatt) % Chart

Roku Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only -0.37 -0.04 0.82 -10.93 -5.93

Roku Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -10.07 -5.93 -7.21 -7.19 -

Competitive Comparison of Roku's Earnings Yield (Joel Greenblatt) %

For the Entertainment subindustry, Roku'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.


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

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

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



Roku 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.

Rokus Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-698.7/11781.77532
=-5.93 %

Roku's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-230 Mil.



Roku  (NAS:ROKU) 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.


Roku Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Roku's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Roku Business Description

Address
1155 Coleman Avenue, San Jose, CA, USA, 95110
Roku enables consumers to stream television programming. It has more than 80 million streaming households and provided well over 100 billion streaming hours in 2023. Roku is the top streaming operating system in the US, reaching more than half of broadband households, according to the company. Roku's OS is built into streaming devices and televisions that Roku sells and on connected televisions from other manufacturers that license Roku's name and software. Roku also operates the Roku Channel, a free, ad-supported streaming television platform that offers a mix of on-demand and live television programming. Roku generates revenue primarily from selling devices, licensing, and advertising, and it receives fees from subscription streaming platforms that sell subscriptions through Roku.
Executives
Dan Jedda officer: CFO C/O STITCH FIX, INC., 1 MONTGOMERY STREET, SUITE 1500, SAN FRANCISCO CA 94104
Charles Collier officer: President, Roku Media 1155 COLEMAN AVE, SAN JOSE CA 95110
Anthony J. Wood director, 10 percent owner, officer: CEO and Chairman BOD C/O ROKU, INC., 150 WINCHESTER CIRCLE, LOS GATOS CA 95032
Matthew C. Banks officer: VP, Corp Controller & CAO 1155 COLEMAN AVE, SAN JOSE CA 95110
Gilbert Fuchsberg officer: SVP, Corporate Development 1155 COLEMAN AVE, SAN JOSE CA 95110
Stephen H Kay officer: SVP General Counsel, Secretary 6922 HOLLYWOOD BLVD., 12TH FLOOR, LOS ANGELES CA 90028
Mai Fyfield director C/O ROKU, INC., 150 WINCHESTER CIRCLE, LOS GATOS CA 95032
Jeffrey M Blackburn director PO BOX 81226, SEATTLE WA 98108-1226
Mustafa Ozgen officer: President, Devices 150 WINCHESTER CIRCLE, LOS GATOS CA 95032
Gidon Katz officer: President, Consumer Experience 1155 COLEMAN AVE, SAN JOSE CA 95110
Ray A. Rothrock director 3340 HILLVIEW AVENUE, PALO ALTO CA 94304
Ravi Ahuja director C/O TWENTY-FIRST CENTURY FOX, INC., 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Gina Luna director 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Laurie Simon Hodrick director C/O 655 BROAD STREET, NEWARK NJ 07102
Jeff Hastings director AVID TECHNOLOGY, INC., ONE PARK WEST, TEWKSBURY MA 01876