What is Real Luck Group Earnings Yield (Joel Greenblatt) %?
Real Luck Group's Enterprise Value for the quarter that ended in Sep. 2023 was C$2.57 Mil.
Real Luck Group's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was C$-9.77 Mil. Real Luck Group's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2023 was -384.62%.
The historical rank and industry rank for Real Luck Group's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
TSXV:LUCK'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -7199.77 Med: -9.07 Max: 17809.28
Current: -5000
During the past 4 years, the highest Earnings Yield (Joel Greenblatt) of Real Luck Group was 17809.28%. The lowest was -7199.77%. And the median was -9.07%.
TSXV:LUCK's Earnings Yield (Joel Greenblatt) % is ranked worse than 99.88% of 852
companies
in the Travel & Leisure industry
Industry Median: 4.23
vs TSXV:LUCK: -5000.00
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) %. Real Luck Group'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.
Real Luck Group Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Real Luck Group'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.
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Real Luck Group Earnings Yield (Joel Greenblatt) % Chart
Competitive Comparison of Real Luck Group's Earnings Yield (Joel Greenblatt) %
For the Gambling subindustry, Real Luck Group'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.
Real Luck Group's Earnings Yield (Joel Greenblatt) % Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Real Luck Group's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Real Luck Group's Earnings Yield (Joel Greenblatt) % falls into.
Real Luck Group 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.
Real Luck Groups Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2022 is calculated as
Real Luck Group'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 C$-9.77 Mil.
Real Luck Group (TSXV:LUCK) 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.
Real Luck Group Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Real Luck Group's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Real Luck Group Ltd is a betting company that offers legal, real-money betting, live streams, and statistics on all esports and sports on desktop and mobile devices. The company has a Business-to-Consumer (B2C) platform, and by leveraging shared technology, data, and resources, the company offers an extensive range of betting options for esports tournaments and an in-house customized user interface and user experience, built on a technology stack that supports multiple odds and streaming sources, allows the company to deliver deep esports betting coverage.
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