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Internet Gold-Golden Lines (XTAE:IGLD-M) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Jun. 2023)


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What is Internet Gold-Golden Lines Earnings Yield (Joel Greenblatt) %?

Internet Gold-Golden Lines's Enterprise Value for the quarter that ended in Jun. 2023 was ₪-6 Mil. Internet Gold-Golden Lines's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was ₪0 Mil. Internet Gold-Golden Lines's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2023 was 0.00%.

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

XTAE:IGLD-M' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -10000   Med: 13.17   Max: 521.08
Current: -10000

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Internet Gold-Golden Lines was 521.08%. The lowest was -10000.00%. And the median was 13.17%.

XTAE:IGLD-M's Earnings Yield (Joel Greenblatt) % is ranked better than
99.74% of 392 companies
in the Telecommunication Services industry
Industry Median: 5.61 vs XTAE:IGLD-M: -10000.00

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) %. Internet Gold-Golden Lines's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 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.


Internet Gold-Golden Lines Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Internet Gold-Golden Lines'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.

Internet Gold-Golden Lines Earnings Yield (Joel Greenblatt) % Chart

Internet Gold-Golden Lines Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.85 11.52 10.57 -10.56 250.00

Internet Gold-Golden Lines Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Jun22 Jun23
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 -11.86 -15.43 250.00 - -

Competitive Comparison of Internet Gold-Golden Lines's Earnings Yield (Joel Greenblatt) %

For the Telecom Services subindustry, Internet Gold-Golden Lines'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.


Internet Gold-Golden Lines's Earnings Yield (Joel Greenblatt) % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Internet Gold-Golden Lines's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Internet Gold-Golden Lines's Earnings Yield (Joel Greenblatt) % falls into.



Internet Gold-Golden Lines 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.

Internet Gold-Golden Liness Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2019 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=996/396.9275
=250.93 %

Internet Gold-Golden Lines's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₪0 Mil.



Internet Gold-Golden Lines  (XTAE:IGLD-M) 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.


Internet Gold-Golden Lines Earnings Yield (Joel Greenblatt) % Related Terms

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Internet Gold-Golden Lines (XTAE:IGLD-M) Business Description

Traded in Other Exchanges
N/A
Address
2 Dov Friedman Street, Ramat Gan, ISR, 5250301
Internet Gold-Golden Lines Ltd is communications group in Israel. The company's principal subsidiary is B Communications, through which it owns the controlling interest in Bezeq which is a telecommunications service provider. Bezeq mainly provides communications services in Israel offering a broad range of telecommunications operations and services, including domestic fixed-line, cellular and international communication services, Internet services, multi-channel television, television and radio broadcasts, satellite broadcasts, customer call centers, maintenance and development of communications infrastructures. It also provides communications services to other communications providers and the supply and maintenance of equipment on customer premises.

Internet Gold-Golden Lines (XTAE:IGLD-M) Headlines

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