BrightView Holdings (BrightView Holdings) Earnings Yield (Joel Greenblatt) %

: 4.09% (As of Dec. 2023)

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BrightView Holdings's Enterprise Value for the quarter that ended in Dec. 2023 was $2,210 Mil. BrightView Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $90 Mil. BrightView Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 4.09%.

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

BV' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -0.69 Med: 3.11 Max: 6.07
Current: 3.65

During the past 9 years, the highest Earnings Yield (Joel Greenblatt) of BrightView Holdings was 6.07%. The lowest was -0.69%. And the median was 3.11%.

BV's Earnings Yield (Joel Greenblatt) % is ranked worse than
60.54% of 1110 companies
in the Business Services industry
Industry Median: 5.695 vs BV: 3.65

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) %. BrightView Holdings's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 was 14.06%. 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.

BrightView Holdings Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for BrightView 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.

BrightView Holdings Annual Data

Trend

Dec15

Dec16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Earnings Yield (Joel Greenblatt) %

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4.47

0.60

3.52

3.39

4.41

BrightView Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Earnings Yield (Joel Greenblatt) %	Get a 7-Day Free Trial															3.74	3.41	4.22	4.41	4.09

Competitive Comparison

For the Specialty Business Services subindustry, BrightView 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.

BrightView Holdings Earnings Yield (Joel Greenblatt) % Distribution

For the Business Services industry and Industrials sector, BrightView Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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

BrightView 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.

BrightView Holdingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Sep. 2023 is calculated as

Earnings Yield (Joel Greenblatt)	=	EBIT	/	Enterprise Value
	=	94.3	/	2137.1
	=	4.41 %

BrightView Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $90 Mil.

BrightView Holdings (NYSE:BV) 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

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.

BrightView Holdings Earnings Yield (Joel Greenblatt) % Related Terms

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BrightView Holdings (BrightView Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » BrightView Holdings Inc (NYSE:BV) » Definitions » Earnings Yield (Joel Greenblatt) %

Comparable Companies

Traded in Other Exchanges

7BV:Germany

Address

980 Jolly Road, Blue Bell, PA, USA, 19422

Website

https://www.brightview.com

BrightView Holdings Inc is a provider of commercial landscaping services in the United States. The company provides commercial landscaping services, landscape maintenance, and enhancements to tree care and landscape development. It operates through two segments namely Maintenance Services, and Development Services. The Maintenance Services are self-performed through a national branch network and are route-based in nature, and the Development Services are comprised of sophisticated design, coordination, and installation of landscapes at recognizable corporate, athletic, and university complexes. The company generates a majority of its revenue from Maintenance Services.

Executives

Thomas C Donnelly	officer: See Remarks	C/O BRIGHTVIEW HOLDINGS, INC., 401 PLYMOUTH ROAD, SUITE 500, PLYMOUTH MEETING PA 19462-1646
William L Cornog	director	C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
Jonathan Mark Gottsegen	officer: See Remarks	C/O UNITED RENTALS, INC., 100 FIRST STAMFORD PL, STAMFORD CT 06902
Dale A Asplund	officer: President and CEO	C/O BRIGHTVIEW HOLDINGS, INC., 980 JOLLY ROAD, SUITE 300, BLUE BELL PA 19422
Birch-or Equity Holdings, Llc	director, 10 percent owner	C/O ONE ROCK CAPITAL PARTNERS, LLC, 30 ROCKEFELLER PLAZA, 54TH FLOOR, NEW YORK NY 10112
One Rock Capital Partners Iii Gp, Lp	director, 10 percent owner	C/O ONE ROCK CAPITAL PARTNERS, LLC, 30 ROCKEFELLER PLAZA, 54TH FLOOR, NEW YORK NY 10112
Tony W Lee	director, 10 percent owner	C/O ONE ROCK CAPITAL PARTNERS, LLC, 45 ROCKEFELLER PLAZA, 39TH FLOOR, NEW YORK NY 10111
Birch Equity Holdings Gp, Llc	director, 10 percent owner	C/O ONE ROCK CAPITAL PARTNERS, LLC, 45 ROCKEFELLER PLAZA, 39TH FLOOR, NEW YORK NY 10111
Orcp Gp Professionals, Llc	director, 10 percent owner	C/O ONE ROCK CAPITAL PARTNERS, LLC, 45 ROCKEFELLER PLAZA, 39TH FLOOR, NEW YORK NY 10111
Birch Equity Holdings, Lp	director, 10 percent owner	C/O ONE ROCK CAPITAL PARTNERS, LLC, 45 ROCKEFELLER PLAZA, 39TH FLOOR, NEW YORK NY 10111
Joshua D Goldman	director	C/O ONE ROCK CAPITAL PARTNERS, LLC, 45 ROCKEFELLER PLAZA, 39TH FLOOR, NEW YORK NY 10111
One Rock Capital Partners Iii, Lp	director, 10 percent owner	ONE ROCK CAPITAL PARTNERS, LLC, 45 ROCKEFELLER PLAZA, 39TH FLOOR, NEW YORK NY 10111
Scott Spielvogel	director, 10 percent owner	C/O ONE ROCK CAPITAL PARTNERS, LLC, 45 ROCKEFELLER PLAZA, 39TH FLOOR, NEW YORK NY 10111
Kurtis T Barker	director	C/O ONE ROCK CAPITAL PARTNERS, LLC, 45 ROCKEFELLER PLAZA, 39TH FLOOR, NEW YORK NY 10111
Brian Edward Jackson	officer: Chief Accounting Officer	C/O BRIGHTVIEW HOLDINGS, INC., 980 JOLLY ROAD, SUITE 300, BLUE BELL PA 19422