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Amcomri Entertainment (Amcomri Entertainment) Earnings Yield (Joel Greenblatt) % : 16.58% (As of Sep. 2023)


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What is Amcomri Entertainment Earnings Yield (Joel Greenblatt) %?

Amcomri Entertainment's Enterprise Value for the quarter that ended in Sep. 2023 was $21.46 Mil. Amcomri Entertainment's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $3.26 Mil. Amcomri Entertainment's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2023 was 16.58%.

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

AMNNF' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.11   Med: 8.44   Max: 26.56
Current: 25.97

During the past 2 years, the highest Earnings Yield (Joel Greenblatt) of Amcomri Entertainment was 26.56%. The lowest was 1.11%. And the median was 8.44%.

AMNNF's Earnings Yield (Joel Greenblatt) % is ranked better than
91.39% of 1045 companies
in the Media - Diversified industry
Industry Median: 2.92 vs AMNNF: 25.97

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) %. Amcomri Entertainment'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.


Amcomri Entertainment Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Amcomri Entertainment'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.

Amcomri Entertainment Earnings Yield (Joel Greenblatt) % Chart

Amcomri Entertainment Annual Data
Trend Sep21 Dec22
Earnings Yield (Joel Greenblatt) %
- 1.22

Amcomri Entertainment Quarterly Data
Sep20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.97 1.22 4.14 9.16 16.58

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

For the Entertainment subindustry, Amcomri Entertainment'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.


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

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

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



Amcomri Entertainment 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.

Amcomri Entertainments Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2022 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=0.297/24.895696
=1.19 %

Amcomri Entertainment'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 $3.26 Mil.



Amcomri Entertainment  (OTCPK:AMNNF) 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.


Amcomri Entertainment Earnings Yield (Joel Greenblatt) % Related Terms

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


Amcomri Entertainment (Amcomri Entertainment) Business Description

Traded in Other Exchanges
Address
1800-510 West Georgia Street, Vancouver, BC, CAN, V6B 0M3
Amcomri Entertainment Inc is a film and television media production company. It has five operating segments which include Film Distribution, Film Production, Television, Intellectual Property, and Administration. The majority of its revenue derives from the Television segment followed by Film Production. The Company's Film Production, Film Distribution, and Television segments generate revenue principally from the licensing of content in theatrical exhibitions, home entertainment (e.g., digital media and packaged media), television, and international marketplaces. Geographically it has a presence in North America, and Europe where Europe generates key revenue.

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