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PubMatic (PubMatic) Earnings Yield (Joel Greenblatt) % : 0.70% (As of Mar. 2024)


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What is PubMatic Earnings Yield (Joel Greenblatt) %?

PubMatic's Enterprise Value for the quarter that ended in Mar. 2024 was $1,033.5 Mil. PubMatic's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $7.2 Mil. PubMatic's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2024 was 0.70%.

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

PUBM' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -0.39   Med: 3.01   Max: 8.95
Current: 0.74

During the past 6 years, the highest Earnings Yield (Joel Greenblatt) of PubMatic was 8.95%. The lowest was -0.39%. And the median was 3.01%.

PUBM's Earnings Yield (Joel Greenblatt) % is ranked worse than
52.33% of 2857 companies
in the Software industry
Industry Median: 1.15 vs PUBM: 0.74

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) %. PubMatic'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.


PubMatic Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for PubMatic'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.

PubMatic Earnings Yield (Joel Greenblatt) % Chart

PubMatic Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial - 2.50 3.61 7.69 0.31

PubMatic Quarterly Data
Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 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 4.39 1.04 -0.39 0.31 0.70

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

For the Software - Application subindustry, PubMatic'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.


PubMatic's Earnings Yield (Joel Greenblatt) % Distribution in the Software Industry

For the Software industry and Technology sector, PubMatic's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



PubMatic 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.

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

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=2.036/666.01126
=0.31 %

PubMatic'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 $7.2 Mil.



PubMatic  (NAS:PUBM) 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.


PubMatic Earnings Yield (Joel Greenblatt) % Related Terms

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PubMatic (PubMatic) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » PubMatic Inc (NAS:PUBM) » Definitions » Earnings Yield (Joel Greenblatt) %
Traded in Other Exchanges
N/A
Address
601 Marshall Street, Redwood City, CA, USA, 94063
PubMatic is one of the leading supply-side platform providers in the digital advertising technology market. These platforms help publishers, which supply digital ad inventory, better manage their inventory, selling a high percentage of their inventory (increase the ad fill rate) and maximizing revenue per ad sold (optimize yield). PubMatic generates revenue mainly via taking a piece of the ad sales that it enables. Buyers on the platform include intermediary buyers, such as demand-side platforms, or advertisers and ad agencies directly. Given the growth in overall digital advertising, more publishers and advertisers are adopting programmatic (or automated) buying and selling, driving the firm's success in attracting more inventory.
Executives
Paulina Klimenko officer: Chief Growth Officer C/O PUBMATIC, INC., 601 MARSHALL STREET, REDWOOD CITY CA 94065
Rajeev K. Goel director, 10 percent owner, officer: Chief Executive Officer C/O PUBMATIC, INC., 3 LAGOON DRIVE, SUITE 180, REDWOOD CITY CA 94065
Steven Pantelick officer: Chief Financial Officer C/O PUBMATIC, INC., 3 LAGOON DRIVE, SUITE 180, REDWOOD CITY CA 94065
Andrew Woods officer: General Counsel & Secretary C/O PUBMATIC, INC., 601 MARSHALL STREET, REDWOOD CITY CA 94063
Amar K. Goel director, 10 percent owner, officer: Chairman, Chief Growth Officer C/O PUBMATIC, INC., 3 LAGOON DRIVE, SUITE 180, REDWOOD CITY CA 94065
Mukul Kumar officer: President, Engineering C/O PUBMATIC, INC., 3 LAGOON DRIVE, SUITE 180, REDWOOD CITY CA 94065
Nikhil Ramesh Mehta director C/O F5 NETWORKS, INC., 401 ELLIOTT AVE. WEST, SEATTLE WA 98119
Anton Hanebrink director C/O PUBMATIC, INC., 601 MARSHALL STREET, REDWOOD CITY CA 94063
Lisa Gimbel officer: Chief Accounting Officer C/O PUBMATIC, INC., 601 MARSHALL STREET, REDWOOD CITY CA 94063
Van Der Zweep Michael officer: Controller C/O PUBMATIC, INC., 3 LAGOON DRIVE, SUITE 180, REDWOOD CITY CA 94065
Jeffrey K. Hirsch officer: Chief Commercial Officer C/O PUBMATIC, INC., 3 LAGOON DRIVE, SUITE 180, REDWOOD CITY CA 94065
Susan Daimler director C/O PUBMATIC, INC., 3 LAGOON DRIVE, SUITE 180, REDWOOD CITY CA 94065
Thomas C. Chow officer: General Counsel and Secretary C/O PUBMATIC, INC., 3 LAGOON DRIVE, SUITE 180, REDWOOD CITY CA 94065
Shelagh Glaser director ZENDESK, INC., 989 MARKET STREET, SAN FRANCISCO CA 94103
Yakov (jacob) Shulman director C/O MELLANOX TECHNOLOGIES, INC., 350 OAKMEAD PARKWAY, SUITE 100, SUNNYVALE CA 94085