GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Dexterra Group Inc (OTCPK:HZNOF) » Definitions » Earnings Yield (Joel Greenblatt) %
中文

Dexterra Group (Dexterra Group) Earnings Yield (Joel Greenblatt) % : 10.13% (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Dexterra Group Earnings Yield (Joel Greenblatt) %?

Dexterra Group's Enterprise Value for the quarter that ended in Dec. 2023 was $367.8 Mil. Dexterra Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $36.7 Mil. Dexterra Group's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 10.13%.

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

HZNOF' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.36   Med: 6.46   Max: 20.84
Current: 9.99

During the past 5 years, the highest Earnings Yield (Joel Greenblatt) of Dexterra Group was 20.84%. The lowest was 2.36%. And the median was 6.46%.

HZNOF's Earnings Yield (Joel Greenblatt) % is ranked better than
71.44% of 1110 companies
in the Business Services industry
Industry Median: 5.66 vs HZNOF: 9.99

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) %. Dexterra Group'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.


Dexterra Group Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Dexterra Group'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.

Dexterra Group Earnings Yield (Joel Greenblatt) % Chart

Dexterra Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
- 15.22 5.91 2.52 10.13

Dexterra Group Quarterly Data
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 2.52 4.00 5.93 8.40 10.13

Competitive Comparison of Dexterra Group's Earnings Yield (Joel Greenblatt) %

For the Specialty Business Services subindustry, Dexterra Group'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.


Dexterra Group's Earnings Yield (Joel Greenblatt) % Distribution in the Business Services Industry

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

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



Dexterra Group 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.

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

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=36.902/367.824275
=10.03 %

Dexterra Group'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 $36.7 Mil.



Dexterra Group  (OTCPK:HZNOF) 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.


Dexterra Group Earnings Yield (Joel Greenblatt) % Related Terms

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


Dexterra Group (Dexterra Group) Business Description

Traded in Other Exchanges
Address
5915 Airport Road, Suite 425, Mississauga, ON, CAN, L4V 1T1
Dexterra Group Inc offers support services for the creation, management, and operation of infrastructure across Canada. Powered by people, Dexterra Group brings best-in-class regional expertise to every challenge and delivers solutions, giving clients confidence in their day-to-day operations. Activities include a comprehensive range of facilities management services, industry leading workforce accommodation solutions, modular building capabilities, and other support services for diverse clients in the public and private sectors.

Dexterra Group (Dexterra Group) Headlines

From GuruFocus

Prem Watsa Comments on Dexterra

By Sydnee Gatewood Sydnee Gatewood 03-08-2021