SELECT id, `name`, primary_key, `key`, treemapgroup, name_cn, zacks_table_name, compare_key, compare_display_name from gurufocu_main.financial_definition where termpagedisplay=1 and `key` = 'earning_yield_greenblatt' QUAD (Quad/Graphics) Earnings Yield (Joel Greenblatt) %
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Quad/Graphics Inc (NYSE:QUAD) » Definitions » Earnings Yield (Joel Greenblatt) %

Quad/Graphics (Quad/Graphics) Earnings Yield (Joel Greenblatt) %

: 3.23% (As of Dec. 2023)
View and export this data going back to 2010. Start your Free Trial

Quad/Graphics's Enterprise Value for the quarter that ended in Dec. 2023 was $849 Mil. Quad/Graphics's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $27 Mil. Quad/Graphics's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 3.23%.

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

QUAD' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -48.12   Med: 4.86   Max: 11.03
Current: 3.33

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Quad/Graphics was 11.03%. The lowest was -48.12%. And the median was 4.86%.

QUAD's Earnings Yield (Joel Greenblatt) % is ranked worse than
62.05% of 1112 companies
in the Business Services industry
Industry Median: 5.75 vs QUAD: 3.33

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) %. Quad/Graphics's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 was 35.46%. 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.


Quad/Graphics Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Quad/Graphics'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.

Quad/Graphics 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 0.73 -3.22 11.03 7.57 3.23

Quad/Graphics 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 7.57 5.98 5.46 3.75 3.23

Competitive Comparison

For the Specialty Business Services subindustry, Quad/Graphics'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.


Quad/Graphics Earnings Yield (Joel Greenblatt) % Distribution

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

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



Quad/Graphics 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.

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

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=27.4/848.586398
=3.23 %

Quad/Graphics'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 $27 Mil.



Quad/Graphics  (NYSE:QUAD) 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.


Quad/Graphics Earnings Yield (Joel Greenblatt) % Related Terms

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


Quad/Graphics (Quad/Graphics) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Quad/Graphics Inc (NYSE:QUAD) » Definitions » Earnings Yield (Joel Greenblatt) %
Traded in Other Exchanges
Address
N61 W23044 Harry's Way, Sussex, WI, USA, 53089-3995
Quad/Graphics Inc provides print and marketing services to help customers market their products, services, and contents. The company primarily operates in the commercial segment of the printing industry. It operates through three divisions. The United States print and related services segment consists of the company's American operations. Besides the complete set of print and marketing solutions, this segment also manufactures ink. The international segment includes the company's printing business in Europe and Latin America. The corporate segment is engaged in the general and administrative activities as well as associated costs. The company almost generates all its revenue from the American domestic market.
Executives
Melanie Arlene Huet director 6655 PEACHTREE DUNWOODY ROAD, ATLANTA GA 30328
Robert H Quadracci officer: Chief Human Resources Officer C/O QUAD/GRAPHICS INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089
Anthony Staniak officer: Chief Financial Officer QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089-3995
Beth-ann Eason director C/O QUAD/GRAPHICS INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089
Dana B. Gruen officer: General Counsel & Corp Sec C/O QUAD/GRAPHICS INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089
Donald M Mckenna officer: EVP, Chief Administrative ofcr C/O QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089
Joshua J Golden officer: Chief Marketing Officer C/O QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089
J Joel Quadracci director, officer: Chairman, Pres & CEO QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089
Julie A Currie officer: EVP and Chief Revenue Officer N61 W23044 HARRY'S WAY, SUSSEX WI 53089
John S Shiely director 770 NORTH WATER ST, MILWAUKEE WI 53202
Christopher B Harned director C/O THE CYPRESS GROUP, 65 EAST 55TH ST, 28TH FLOOR, NEW YORK NY 10022
Thomas J Frankowski officer: Chief Operating Officer QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089
Kelly A Vanderboom officer: EVP & Treasurer QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089
Jennifer J. Kent officer: EVP of Admin. & Gen. Counsel QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089-3995
David J Honan officer: EVP & CFO QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089

Quad/Graphics (Quad/Graphics) Headlines

From GuruFocus

CORRECTING and REPLACING Quad Debuts New "Built on Quad" Brand Campaign

By Business Wire Business Wire • 06-15-2023

Beth-Ann Eason Joins Quad Board of Directors

By Business Wire Business Wire • 02-02-2023

Quad Reports Second Quarter and Year-to-Date 2023 Results

By Business Wire • 08-01-2023

Lisa Ness Joins QuadMed as Chief Growth Officer

By Business Wire • 01-08-2024

Quad to Host Call to Discuss First Quarter 2022 Results

By Business Wire Business Wire • 04-20-2022

Quad to Host Call to Discuss Third Quarter and Year-to-Date 2022 Results

By Business Wire Business Wire • 10-19-2022

Quad Appoints Melanie Huet to Board of Directors

By Business Wire • 10-05-2023

Quad to Host Call to Discuss Second Quarter 2022 Results

By Business Wire Business Wire • 07-20-2022

Quad Added to Membership of U.S. Small-Cap Russell 2000® Index

By Business Wire Business Wire • 06-28-2022