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The WhiteWave Foods Co (The WhiteWave Foods Co) Earnings Yield (Joel Greenblatt) % : 3.32% (As of Dec. 2016)


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What is The WhiteWave Foods Co Earnings Yield (Joel Greenblatt) %?

The WhiteWave Foods Co's Enterprise Value for the quarter that ended in Dec. 2016 was $11,950 Mil. The WhiteWave Foods Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2016 was $396 Mil. The WhiteWave Foods Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2016 was 3.32%.

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

WWAV's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 4.92
* Ranked among companies with meaningful Earnings Yield (Joel Greenblatt) % only.

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) %. The WhiteWave Foods Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2016 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.


The WhiteWave Foods Co Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for The WhiteWave Foods Co'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.

The WhiteWave Foods Co Earnings Yield (Joel Greenblatt) % Chart

The WhiteWave Foods Co Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial 5.27 3.55 3.47 3.64 3.32

The WhiteWave Foods Co Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 3.64 3.67 3.51 3.26 3.32

Competitive Comparison of The WhiteWave Foods Co's Earnings Yield (Joel Greenblatt) %

For the Packaged Foods subindustry, The WhiteWave Foods Co'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.


The WhiteWave Foods Co's Earnings Yield (Joel Greenblatt) % Distribution in the Consumer Packaged Goods Industry

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

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



The WhiteWave Foods Co 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.

The WhiteWave Foods Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2016 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=396.368/11949.6686
=3.32 %

The WhiteWave Foods Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $396 Mil.



The WhiteWave Foods Co  (NYSE:WWAV) 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.


The WhiteWave Foods Co Earnings Yield (Joel Greenblatt) % Related Terms

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


The WhiteWave Foods Co (The WhiteWave Foods Co) Business Description

Traded in Other Exchanges
N/A
Address
WhiteWave manufactures, markets, and sells foods and beverages. The company focuses on growing and emerging categories, such as natural and organic food and beverages, plant-based milks and protein products, coffee creamers and drinks, and organic packaged salads and produce. WhiteWave's brand portfolio includes the Silk line of plant-based beverages, Horizon Organic premium dairy, So Delicious, International Delight, and Alpro. North America accounts for 86% of sales, with the remainder mostly generated in Europe.
Executives
W Anthony Vernon director C/O AXOVANT SCIENCES, INC., 320 WEST 37TH STREET, NEW YORK NY 10018
Gregg L Engles director, officer: Chairman and CEO 1225 SEVENTEENTH STREET, SUITE 1000, DENVER CO 80202
Roger E Theodoredis officer: EVP, General Counsel 1225 SEVENTEENTH STREET, SUITE 1000, DENVER CO 80202
Doreen A Wright director 1225 SEVENTEENTH STREET, SUITE 1000, DENVER CO 80202
Michelle P Goolsby director 1225 SEVENTEENTH STREET, SUITE 1000, DENVER CO 80202
Hardin Joseph S Jr director 1225 SEVENTEENTH STREET SUITE 1000 DENVER CO 80202
Stephen L Green director 1225 SEVENTEENTH STREET SUITE 1000 DENVER CO 80202
Kevin C Yost officer: U.S. Group President - AF&B 1225 SEVENTEENTH STREET SUITE 1000 DENVER CO 80202
Blaine E Mcpeak officer: Chief Operating Officer 1225 SEVENTEENTH STREET SUITE 1000 DENVER CO 80202
Thomas N Zanetich officer: EVP - Human Resources 1225 SEVENTEENTH STREET SUITE 1000 DENVER CO 80202
Deryckere Bernard J.p. officer: President, Europe Foods & Bevs 1225 SEVENTEENTH STREET SUITE 1000 DENVER CO 80202
Mary E Minnick director 1225 SEVENTEENTH STREET, SUITE 1000, DENVER CO 80202
Dean Foods Co/ 10 percent owner 2711 N. HASKELL AVENUE, SUITE 3400, DALLAS TX 75204

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