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Endeavor Group Holdings (Endeavor Group Holdings) Earnings Yield (Joel Greenblatt) %

: 6.27% (As of Dec. 2023)
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Endeavor Group Holdings's Enterprise Value for the quarter that ended in Dec. 2023 was $18,251 Mil. Endeavor Group Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $1,144 Mil. Endeavor Group Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 6.27%.

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

EDR' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1.87   Med: 1.98   Max: 9.39
Current: 9.37

During the past 8 years, the highest Earnings Yield (Joel Greenblatt) of Endeavor Group Holdings was 9.39%. The lowest was -1.87%. And the median was 1.98%.

EDR's Earnings Yield (Joel Greenblatt) % is ranked better than
74.67% of 1050 companies
in the Media - Diversified industry
Industry Median: 2.79 vs EDR: 9.37

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) %. Endeavor Group Holdings'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.


Endeavor Group Holdings Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Endeavor Group 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.

Endeavor Group Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Premium Member Only Premium Member Only Premium Member Only - - -0.99 1.40 6.27

Endeavor Group Holdings Quarterly Data
Jun18 Dec18 Jun19 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 1.40 -1.78 4.13 2.14 6.27

Competitive Comparison

For the Entertainment subindustry, Endeavor Group 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.


Endeavor Group Holdings Earnings Yield (Joel Greenblatt) % Distribution

For the Media - Diversified industry and Communication Services sector, Endeavor Group Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Endeavor Group 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.

Endeavor Group Holdingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=1144.01/18251.49654
=6.27 %

Endeavor Group 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 $1,144 Mil.



Endeavor Group Holdings  (NYSE:EDR) 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.


Endeavor Group Holdings Earnings Yield (Joel Greenblatt) % Related Terms

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


Endeavor Group Holdings (Endeavor Group Holdings) Business Description

Traded in Other Exchanges
Address
9601 Wilshire Boulevard, 3rd Floor, Beverly Hills, CA, USA, 90210
Endeavor Group Holdings Inc is an entertainment, sports and content company. It offers services through its integrated capabilities of talent representation, content development, content distribution and sales, event management, marketing and licensing, and direct-to-consumer offerings. It operates its business in three segments: Owned Sports Properties; Events, Experiences & Rights; and Representation.
Executives
William K. Fullerton officer: Global Controller and CAO C/O ENDEARVOR GROUP HOLDINGS, INC., 9601 WILSHIRE BOULEVARD, 3RD FLOOR, BEVERLY HILLS CA 90210
Seth D Krauss officer: Chief Legal Officer C/O TAKE-TWO INTERACTIVE SOFTWARE, INC., 222 BROADWAY, NEW YORK NY 10012
Jason Lublin officer: Chief Financial Officer C/O ENDEAVOR GROUP HOLDINGS, INC., 9601 WILSHIRE BOULEVARD, 3RD FLOOR, BEVERLY HILLS CA 90210
Mark S Shapiro officer: President C/O RED ZONE LLC, 21300 REDSKIN PARK DRIVE, ASHBURN VA 20147
Ariel Emanuel director, 10 percent owner, officer: Chief Executive Officer C/O SOURCE INTERLINK COMPANIES, INC., 27500 RIVERVIEW CENTER BLVD, SUITE 400, BONITA SPRINGS FL 34134
Patrick Whitesell director, 10 percent owner, officer: Executive Chairman 11601 WILSHIRE BOULEVARD, SUITE 1600, LOS ANGELES CA 90025
Christian Muirhead officer: Chief Communications Officer C/O ENDEAVOR GROUP HOLDINGS, INC., 9601 WILSHIRE BOULEVARD, 3RD FLOOR, BEVERLY HILLS CA 90210
Jacqueline D Reses director C/O SQUARE, INC., 1455 MARKET STREET #600, SAN FRANCISCO CA 94103
Silver Lake West Voteco, L.l.c. director, 10 percent owner C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Silver Lake West Holdco, L.p. director, 10 percent owner C/O SILVER LAKE, 2776 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Silver Lake West Holdco Ii, L.p. director, 10 percent owner C/O SILVER LAKE, 2776 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Ursula M Burns director 200 SE MIZNER BLVD, UNIT 703, BOCA RATON FL 33432
Kerry D Chandler officer: Chief Human Resources Officer 1020 HULL STREET, BALTIMORE MD 21230
Silver Lake Technology Investors Iv (delaware Ii), L.p. director, 10 percent owner C/O SILVER LAKE, 2776 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Silver Lake Technology Associates Vi, L.p. director, 10 percent owner C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025

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