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Herbalife (Herbalife) Earnings Yield (Joel Greenblatt) %

: 9.95% (As of Dec. 2023)
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Herbalife's Enterprise Value for the quarter that ended in Dec. 2023 was $3,708 Mil. Herbalife's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $369 Mil. Herbalife's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 9.95%.

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

HLF' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.81   Med: 10.07   Max: 14.77
Current: 11.83

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Herbalife was 14.77%. The lowest was 5.81%. And the median was 10.07%.

HLF's Earnings Yield (Joel Greenblatt) % is ranked better than
80.72% of 1945 companies
in the Consumer Packaged Goods industry
Industry Median: 5 vs HLF: 11.83

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) %. Herbalife's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 was 21.99%. 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.


Herbalife Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Herbalife'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.

Herbalife Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.83 8.78 10.93 14.58 9.95

Herbalife 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 14.58 12.09 12.44 11.30 9.95

Competitive Comparison

For the Packaged Foods subindustry, Herbalife'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.


Herbalife Earnings Yield (Joel Greenblatt) % Distribution

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

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



Herbalife 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.

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

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=368.9/3708.092
=9.95 %

Herbalife'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 $369 Mil.



Herbalife  (NYSE:HLF) 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.


Herbalife Earnings Yield (Joel Greenblatt) % Related Terms

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


Herbalife (Herbalife) Business Description

Traded in Other Exchanges
Address
Ugland House, P.O. Box 309, Grand Cayman, CYM, KY1-1104
Herbalife Ltd is an international nutrition company that provides health and wellness products to consumers in 95 markets, which consists of countries and territories, through their direct-selling business model. Companies' products are weight management; targeted nutrition; Energy, Sports, and Fitness; Outer Nutrition and Literature, Promotional, and Other. Weight management generates the majority of revenue from products like Meal replacement, protein shakes, drink mixes, weight loss enhancers, and healthy snacks. Geographically, the main segments are North America, Mexico, South and Central America, EMEA, Asia-Pacific, and China.
Executives
Rodica Macadrai director 800 W. OLYMPIC BLVD., SUITE 406, LOS ANGELES CA 90015
Ibelis Fleming officer: SVP/Managing Dir North America 800 W. OLYMPIC BLVD., SUITE 406, LOS ANGELES X1 90015
Stephan Paulo Gratziani director 800 W. OLYMPIC BLVD., SUITE 406, LOS ANGELES CA 90015
Donal L Mulligan director ONE GENERAL MILLS BLVD, MINNEAPOLIS MN 55426
Sophie L'helias director 800 WEST OLYMPIC BLVD., SUITE 406, LOS ANGELES CA 90015
John Tartol director C/O HERBALIFE INTERNATIONAL, INC., 1800 CENTURY PARK EAST, LOS ANGELES CA 90025
Alan W Lefevre director HERBALIFE NUTRITION, 800 W. OLYMPIC BLVD. SUITE 406, LOS ANGELES CA 90015
Henry C Wang officer: EVP, General Counsel 800 W. OLYMPIC BLVD. SUITE 406, LOS ANGELES CA 90015
Michael Johnson officer: Chief Executive Officer C/O HERBALIFE INTERNATIONAL, INC., 1800 CENTURY PARK EAST, LOS ANGELES CA 90067
Windacre Partnership Master Fund, Lp 10 percent owner 2200 POST OAK BLVD., SUITE 1580, HOUSTON TX 77056
Windacre Partnership Llc 10 percent owner 2200 POST OAK BOULEVARD, SUITE 1580, HOUSTON TX 77056
Snehal Amin 10 percent owner 2200 POST OAK BLVD., SUITE 1580, HOU TX 77056
Wapgp Llc 10 percent owner 2200 POST OAK BLVD., SUITE 1580, HOUSTON TX 77056
Windacre General Partner Lp 10 percent owner 2200 POST OAK BLVD., SUITE 1580, HOUSTON TX 77056
Alan L Hoffman officer: EVP, Global Corporate Affairs 800 W. OLYMPIC BLVD., SUITE 406, LOS ANGELES CA 90015