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Hudson Global (Hudson Global) Earnings Yield (Joel Greenblatt) %

: 6.20% (As of Dec. 2023)
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Hudson Global's Enterprise Value for the quarter that ended in Dec. 2023 was $22.3 Mil. Hudson Global's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $1.4 Mil. Hudson Global's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 6.20%.

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

HSON' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -36486.49   Med: -14.07   Max: 757.73
Current: 5.24

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Hudson Global was 757.73%. The lowest was -36486.49%. And the median was -14.07%.

HSON's Earnings Yield (Joel Greenblatt) % is ranked worse than
53.15% of 1110 companies
in the Business Services industry
Industry Median: 5.695 vs HSON: 5.24

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) %. Hudson Global'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.


Hudson Global Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Hudson Global'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.

Hudson Global Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -38.61 -102.04 7.41 24.57 6.20

Hudson Global 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) % 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 Premium Member Only Premium Member Only Premium Member Only 24.57 13.19 8.19 9.98 6.20

Competitive Comparison

For the Staffing & Employment Services subindustry, Hudson Global'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.


Hudson Global Earnings Yield (Joel Greenblatt) % Distribution

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

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



Hudson Global 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.

Hudson Globals Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=1.383/22.30143
=6.20 %

Hudson Global'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 $1.4 Mil.



Hudson Global  (NAS:HSON) 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.


Hudson Global Earnings Yield (Joel Greenblatt) % Related Terms

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


Hudson Global (Hudson Global) Business Description

Industry
Traded in Other Exchanges
N/A
Address
53 Forest Avenue, Suite 102, Old Greenwich, CT, USA, 06870
Hudson Global Inc provides specialized recruitment and related talent solutions. Its core services include Permanent recruitment, Contracting, Recruitment process outsourcing (RPO) and Talent management solutions. Its Permanent recruitment services leverage the company's consultants. In contracting services, it offers project management, interim management, and professional contract staffing services. RPO services deliver permanent and contracting outsourced recruitment solutions to various companies whereas, Talent management solutions feature services like talent assessment, interview training, executive coaching, employee development and outplacement.
Executives
Robert G. Pearse director 100 CANAL POINTE BLVD., SUITE 108, PRINCETON NJ 08540
Jeffrey E. Eberwein director 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Matthew K Diamond officer: VP of Finance 53 FOREST AVENUE, OLD GREENWICH CT 06870
Hudson Global, Inc. officer: CFO and CAO 53 FOREST AVENUE, OLD GREENWICH CT 06870
Patrick M. Lyons officer: CFO and CAO HUDSON GLOBAL, INC., 1325 AVENUE OF THE AMERICAS, 12TH FLOOR, NEW YORK NY 10019
Nelson Connia M director C/O HUDSON GLOBAL, INC., 53 FOREST AVENUE, OLD GREENWICH CT 06870
Mimi K Drake director C/O HUDSON GLOBAL, INC., 53 FOREST AVENUE, OLD GREENWICH CT 06870
Alan Lee Bazaar director 9 BEDFORD ROAD, KATONAH NY 10536
Coleman Richard Kenneth Jr. director 53 FOREST AVE, SUITE 101, OLD GREENWICH CT 06870
Ian V. Nash director HUDSON GLOBAL, INC., 1325 AVENUE OF THE AMERICAS, 12TH FLOOR, NEW YORK NY 10019
Sagard Capital Partners, L.p. 10 percent owner 280 PARK AVENUE, 3RD FLOOR WEST, NEW YORK NY 10017
David F. Kirby officer: VP, Finance and Treasury HUDSON GLOBAL, INC., 1325 AVENUE OF THE AMERICAS, 12TH FLOOR, NEW YORK NY 10019
Arthur Curcuru officer: Senior VP, Finance HUDSON GLOBAL, INC., 560 LEXINGTON AVENUE, NEW YORK NY 10022
Vi Capital Fund, Lp other: Member of 10% owner group PO BOX 402, NEWMAN LAKE WA 99025
David William Pointer other: Member of 10% owner group PO BOX 402, NEWMAN LAKE WA 99025

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