Generation Pass Co (TSE:3195) Earnings Yield (Joel Greenblatt) % : 6.01% (As of Jan. 2024)

Generation Pass Co Earnings Yield (Joel Greenblatt) % Chart

Generation Pass Co Annual Data
	Trend	Dec14	Oct15	Oct16	Oct17	Oct18	Oct19	Oct20	Oct21	Oct22	Oct23
Earnings Yield (Joel Greenblatt) %		Get a 7-Day Free Trial					0.73	3.87	-0.72	13.21	3.51

Generation Pass Co Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Earnings Yield (Joel Greenblatt) %	Get a 7-Day Free Trial															12.87	9.52	6.29	3.51	6.01

Competitive Comparison of Generation Pass Co's Earnings Yield (Joel Greenblatt) %

For the Internet Retail subindustry, Generation Pass 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.

Generation Pass Co's Earnings Yield (Joel Greenblatt) % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Generation Pass Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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

Generation Pass 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.

Generation Pass Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Oct. 2023 is calculated as

Generation Pass Co's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円124 Mil.

Generation Pass Co  (TSE:3195) 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.

Generation Pass Co Earnings Yield (Joel Greenblatt) % Related Terms

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Generation Pass Co (TSE:3195) Business Description