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PANTAFLIX AG (XTER:PAL) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Jun. 2023)


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What is PANTAFLIX AG Earnings Yield (Joel Greenblatt) %?

PANTAFLIX AG's Enterprise Value for the quarter that ended in Jun. 2023 was €28.19 Mil. PANTAFLIX AG's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was €-5.84 Mil. PANTAFLIX AG's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2023 was 0.00%.

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

XTER:PAL' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -90.95   Med: -12.8   Max: 32
Current: -11.51

During the past 10 years, the highest Earnings Yield (Joel Greenblatt) of PANTAFLIX AG was 32.00%. The lowest was -90.95%. And the median was -12.80%.

XTER:PAL's Earnings Yield (Joel Greenblatt) % is ranked worse than
80.59% of 1051 companies
in the Media - Diversified industry
Industry Median: 2.96 vs XTER:PAL: -11.51

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) %. PANTAFLIX AG'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.


PANTAFLIX AG Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for PANTAFLIX AG'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.

PANTAFLIX AG Earnings Yield (Joel Greenblatt) % Chart

PANTAFLIX AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -90.09 -41.67 -36.10 -5.25 -25.77

PANTAFLIX AG Semi-Annual Data
Dec13 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 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 - -5.25 - -25.77 -

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

For the Entertainment subindustry, PANTAFLIX AG'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.


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

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

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



PANTAFLIX AG 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.

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

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-7.921/30.756787
=-25.75 %

For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.



PANTAFLIX AG  (XTER:PAL) 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.


PANTAFLIX AG Earnings Yield (Joel Greenblatt) % Related Terms

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PANTAFLIX AG (XTER:PAL) Business Description

Traded in Other Exchanges
Address
Holzstrasse 30, Munich, BY, DEU, 80469
PANTAFLIX AG is a media company that engages in the development and production of theatrical feature films and licensing rights to films on a national and international basis, mainly through global film distributors. It operates through three divisions: Film Production, Video-on-Demand, and Other. The Film Production division is the production of theatrical feature films as in-house productions and co-productions and licenses the resulting rights together with its partners. Its Video-on-Demand division is the operation of Pantaflix platform which enables the firm to provide consumers with access to films that were previously unavailable to them. The Other division refers to the production of theatrical feature films and the PANTAFLIX video-on-demand platform.

PANTAFLIX AG (XTER:PAL) Headlines

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