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Appreciate Holdings (Appreciate Holdings) Earnings Yield (Joel Greenblatt) % : 0.16% (As of Sep. 2022)


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What is Appreciate Holdings Earnings Yield (Joel Greenblatt) %?

Appreciate Holdings's Enterprise Value for the quarter that ended in Sep. 2022 was $286.08 Mil. Appreciate Holdings's EBIT for the trailing twelve months (TTM) ended in Sep. 2022 was $0.45 Mil. Appreciate Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2022 was 0.16%.

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

SFRT's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Real Estate industry.
Industry Median: 4.2
* Ranked among companies with meaningful Earnings Yield (Joel Greenblatt) % only.

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) %. Appreciate Holdings's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2022 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.


Appreciate Holdings Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Appreciate Holdings'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.

Appreciate Holdings Earnings Yield (Joel Greenblatt) % Chart

Appreciate Holdings Annual Data
Trend Dec20 Dec21
Earnings Yield (Joel Greenblatt) %
- 3.93

Appreciate Holdings Quarterly Data
Aug20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only -0.28 3.93 3.85 0.45 0.16

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

For the Real Estate Services subindustry, Appreciate Holdings'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.


Appreciate Holdings's Earnings Yield (Joel Greenblatt) % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Appreciate Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Appreciate Holdings 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.

Appreciate Holdingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2021 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=11.028/280.803
=3.93 %

Appreciate Holdings's EBIT for the trailing twelve months (TTM) ended in Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.45 Mil.



Appreciate Holdings  (OTCPK:SFRT) 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.


Appreciate Holdings Earnings Yield (Joel Greenblatt) % Related Terms

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Appreciate Holdings (Appreciate Holdings) Business Description

Industry
Traded in Other Exchanges
N/A
Address
6101 Baker Rd, Suite 200, Minnetonka, MN, USA, MN 55345
Appreciate Holdings Inc through its operating company Renters Warehouse offers an end-to-end Single Family Rental marketplace and management platform. The company offers a full-service platform for investing in and owning SFR properties, including a proprietary online marketplace and full-service brokerage teams.
Executives
Laurie A. Hawkes director 7047 EAST GREENWAY PARKWAY, SUITE 350, SCOTTSDALE AZ 85254
Lake Street Landlords, Llc 10 percent owner 315 LAKE STREET E., SUITE 301, WAYZATA MN 55391
Nolan Jacobson officer: Chief Financial Officer 19880 ANDOVER PLACE, EXCELSIOR MN 55331
Todd Jable officer: Chief Technology Officer & COO 996 NORTH ARM DRIVE, ORONO MN 55364
Christopher Laurence director, officer: Chief Executive Officer 1233 SNOW BERRY STREET, PARK CITY UT 84098
Kevin Ortner officer: President 7008 SANDY HOOK CIRCLE, CHANHASSEN MN 55317
Marcy Haymaker director C/O PERCEPTION CAPITAL CORP. II, 315 LAKE STREET EAST, SUITE 301, WAYZATA MN 55391
Scott Honour director 10877 WILSHIRE BOULEVARD, 18TH FLOOR, LOS ANGELES CA 90024
William John Bush director 539 BRYANT STREET, SUITE 403, SAN FRANCISCO CA 94107
Douglas Bergeron director 111 W. OCEAN BOULEVARD, LONG BEACH CA 90802
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Robinson Courtney A director 3485 N. PINES WAY SUITE 110, WILSON WY 83014
Thomas D Hennessy director, 10 percent owner, officer: Co-CEO and President 3485 N. PINES WAY SUITE 110, WILSON WY 83014
Hc Proptech Partners Ii Llc 10 percent owner 3485 N. PINES WAY, SUITE 110, WILSON WY 83014
Gloria Fu director 3485 N. PINES WAY, SUITE 110, WILSON WY 83014