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Public Co Management (Public Co Management) Earnings Yield (Joel Greenblatt) % : -1.03% (As of Mar. 2024)


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What is Public Co Management Earnings Yield (Joel Greenblatt) %?

Public Co Management's Enterprise Value for the quarter that ended in Mar. 2024 was $4.08 Mil. Public Co Management's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.04 Mil. Public Co Management's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2024 was -1.03%.

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

PCMC' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -33.33   Med: 0   Max: 12.44
Current: -0.77

During the past 8 years, the highest Earnings Yield (Joel Greenblatt) of Public Co Management was 12.44%. The lowest was -33.33%. And the median was 0.00%.

PCMC's Earnings Yield (Joel Greenblatt) % is ranked better than
61.23% of 650 companies
in the Diversified Financial Services industry
Industry Median: -1.735 vs PCMC: -0.77

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) %. Public Co Management's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 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.


Public Co Management Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Public Co Management'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.

Public Co Management Earnings Yield (Joel Greenblatt) % Chart

Public Co Management Annual Data
Trend Jun04 Sep05 Sep06 Sep07 Sep08 Sep21 Sep22 Sep23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial -102.04 -26.67 -0.09 -0.68 -0.94

Public Co Management Quarterly Data
Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.61 -0.56 -0.94 -0.59 -1.03

Competitive Comparison of Public Co Management's Earnings Yield (Joel Greenblatt) %

For the Shell Companies subindustry, Public Co Management'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.


Public Co Management's Earnings Yield (Joel Greenblatt) % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Public Co Management's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Public Co Management 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.

Public Co Managements Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Sep. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-0.025/2.64924384
=-0.94 %

Public Co Management's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.04 Mil.



Public Co Management  (OTCPK:PCMC) 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.


Public Co Management Earnings Yield (Joel Greenblatt) % Related Terms

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Public Co Management (Public Co Management) Business Description

Traded in Other Exchanges
N/A
Address
9350 Wilshire Boulevard, Suite 301, Beverly Hills, CA, USA, 90212
Public Co Management Corp is a Shell company.
Executives
Joshua A Gottesman officer: Treas and CFO 8232 OCEAN TERRACE WAY, LAS VEGAS NV 89128
C Dennis Hensling officer: SENIOR VP 705 CALLE MONSERRAT, SAN CLEMENTE CA 92672
High Trae O Neil officer: CLO 505 WEST 54TH STREET #313, NEW YORK NY 10019
Kipley James Lytel director, officer: COO 225 E. CARRILO, SUITE 203, SANTA BARBARA CA 93101
Stephen Brock director, 10 percent owner, officer: PRESIDENT 5770 EL CAMINO RD., LAS VEGAS NV 89118

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