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Tingo's Enterprise Value for the quarter that ended in Jun. 2023 was $91.3 Mil. Tingo's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was $120.7 Mil. Tingo's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2023 was 131.58%.
The historical rank and industry rank for Tingo's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
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) %. Tingo'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.
The historical data trend for Tingo'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.
Tingo Annual Data | |||||||||||||||||
Trend | Jun15 | Jun16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | |||||||||
Earnings Yield (Joel Greenblatt) % | Get a 7-Day Free Trial | -0.98 | -1.12 | 400.00 | 1.27 | - |
Tingo Quarterly Data | ||||||||||||||||||||
Sep18 | Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | |
Earnings Yield (Joel Greenblatt) % | Get a 7-Day Free Trial | 19.65 | 23.75 | - | 65.36 | 131.58 |
For the Software - Infrastructure subindustry, Tingo'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.
For the Software industry and Technology sector, Tingo's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Tingo's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Tingos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2022 is calculated as
Earnings Yield (Joel Greenblatt) | = | EBIT | / | Enterprise Value |
= | 0 | / | 833.789448 | |
= | % |
Tingo'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 $120.7 Mil.
Tingo (OTCPK:TMNA) 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.
Thank you for viewing the detailed overview of Tingo's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Dozy Mmobousi | director, 10 percent owner, officer: CEO | BRICKFIELD, RADLETT X0 WD7 8BS |
Christophe Charlier | director | 7F 77/2 AL-FARABI AVENUE, ALMATY 1P 050040 |
Rory Bowen | officer: Chief of Staff | APARTMENT 19, 2 OFFENHAM ROAD, LONDON X0 SW9 7BN |
Daksheshkumar B Patel | director, officer: CFO | APARTMENT 205, THE EMPEROR, 8 WEST ROAD SOUTH, SANDTON, JOHANNESBURG T3 2196 |
Leslie Nabanya Kasumba | director | 199 SIBAYA SANDS 9 THE STRAIGHT AVENUE, PINESLOPES, LONEHILL, SANDTON, JOHANNESBURG T3 2191 |
Kenneth I Denos | officer: EVP, Genl Counsel & Secy | 10757 SOUTH RIVER FRONT PARKWAY, SUITE 125, SOUTH JORDAN UT 84095 |
Onyekachi Elochukwu Onubogu | director | 14 A DASILVA ROAD, LAGOS Q5 101222 |
Christopher John Cleverly | director, officer: President | 60 THE GREEN, POULSHOT DEVICES X0 5N101RT |
Derrick Randall-emeka | director | 21 MILESPIT HILL, MILL HILL X0 NW7 2PJ |
Adewale Adebayo | director | 1004 ESTATE, CLUSTAR D1 APARTMENT 116, VICTORIA ISLAND / LAGOS Q5 101241 |
Alex Lightman | director | 3470 ONLEY-LAYTONSVILLE ROAD, SUITE 118, OLNEY MD 20832 |
John J Brown | director | 1450 BOOT RD BLDG 400, ROM TECH INC, WEST CHESTER PA 19380 |
Zoliwe Macanda-simbodyal | director | 29 WOOLCOMBES COURT, LONDON X0 SE16 5RQ |
Gurjinder Johal | director | 301 EAST 21ST, #13B, NEW YORK NY 10010 |
Tingo, Inc. | 10 percent owner | 11650 SOUTH STATE STREET, SUITE 240, DRAPER UT 84020 |
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