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Whole Earth Brands (Whole Earth Brands) Earnings Yield (Joel Greenblatt) % : 2.18% (As of Dec. 2023)


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What is Whole Earth Brands Earnings Yield (Joel Greenblatt) %?

Whole Earth Brands's Enterprise Value for the quarter that ended in Dec. 2023 was $559.0 Mil. Whole Earth Brands's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $12.2 Mil. Whole Earth Brands's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 2.18%.

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

FREE' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -7.66   Med: -1.3   Max: 6.58
Current: 1.97

During the past 6 years, the highest Earnings Yield (Joel Greenblatt) of Whole Earth Brands was 6.58%. The lowest was -7.66%. And the median was -1.30%.

FREE's Earnings Yield (Joel Greenblatt) % is ranked worse than
67.59% of 1947 companies
in the Consumer Packaged Goods industry
Industry Median: 4.99 vs FREE: 1.97

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) %. Whole Earth Brands's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 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.


Whole Earth Brands Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Whole Earth Brands'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.

Whole Earth Brands Earnings Yield (Joel Greenblatt) % Chart

Whole Earth Brands Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial 7.81 - 2.17 -3.73 2.18

Whole Earth Brands 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 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 -3.73 -5.61 -5.91 -6.28 2.18

Competitive Comparison of Whole Earth Brands's Earnings Yield (Joel Greenblatt) %

For the Packaged Foods subindustry, Whole Earth Brands'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.


Whole Earth Brands's Earnings Yield (Joel Greenblatt) % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Whole Earth Brands's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Whole Earth Brands's Earnings Yield (Joel Greenblatt) % falls into.



Whole Earth Brands 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.

Whole Earth Brandss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=12.207/559.002435
=2.18 %

Whole Earth Brands'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 $12.2 Mil.



Whole Earth Brands  (NAS:FREE) 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.


Whole Earth Brands Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Whole Earth Brands's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Whole Earth Brands (Whole Earth Brands) Business Description

Traded in Other Exchanges
Address
125 South Wacker Drive, Suite 3150, Chicago, IL, USA, 60606
Whole Earth Brands Inc is a food company enabling healthier lifestyles and providing access to high-quality, plant-based sweeteners, flavor enhancers and other foods through diverse portfolio of trusted brands and delicious products. The company operates in two segments namely, Branded CPG and Flavors & Ingredients. Its portfolio consists of three main product groups: sweeteners, adjacencies and ingredients.
Executives
Rajnish Ohri officer: Interim Co-CEO 125 S. WACKER DRIVE, SUITE 1250, CHICAGO IL 60606
Sababa Holdings Free Llc 10 percent owner C/O MARIPOSA CAPITAL, 500 SOUTH POINTE DRIVE STE 240, MIAMI BEACH FL 33139
Michael F Goss director BAIN CAPITAL PARTNERS LLC, JOHN HANCOCK TOWER, 200 CLARENDON STREET, BOSTON MA 02116
Bernardo Fiaux officer: Chief Financial Officer 125 S. WACKER DRIVE, SUITE 1250, CHICAGO IL 60606
Michael E. Franklin director 125 S. WACKER DRIVE, SUITE 1250, CHICAGO IL 60606
Trisha L Fox officer: Chief Human Resources Officer 125 S. WACKER DRIVE, SUITE 3150, CHICAGO IL 60606
Martin E Franklin 10 percent owner C/O MARIPOSA CAPITAL, LLC, 5200 BLUE LAGOON DRIVE, SUITE 855, MIAMI FL 33126
Duane A Portwood officer: Chief Financial Officer 836 BARN OWL ROAD, MARIETTA GA 30068
Jeffrey S. Robinson officer: President, Mafco Worldwide LLC 125 S. WACKER DRIVE, SUITE 3150, CHICAGO IL 60606
Brian Litman officer: Chief Accounting Officer 125 S. WACKER DRIVE, SUITE 3150, CHICAGO IL 60606
John M. Mcmillin director 1345 AVENUE OF THE AMERICAS 11TH FLOOR, NEW NY 10105
Irwin D Simon director C/O THE HAIN CELESTIAL GROUP INC., 1111 MARCUS AVENUE, LAKE SUCCESS NY 11042
Ira J Lamel director C/O THE HAIN CELESTIAL GROUP, INC., 1111 MARCUS AVENUE, LAKE SUCCESS NY 11042
Anuraag Agarwal director 1345 AVENUE OF THE AMERICAS 11TH FL, NEW YORK NY 10105
Denise M Faltischek director C/O THE HAIN CELESTIAL GROUP, INC., 1111 MARCUS AVENUE, LAKE SUCCESS NY 11042

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