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R.R.Donnelley & Sons Co (R.R.Donnelley & Sons Co) Earnings Yield (Joel Greenblatt) % : 7.84% (As of Dec. 2021)


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What is R.R.Donnelley & Sons Co Earnings Yield (Joel Greenblatt) %?

R.R.Donnelley & Sons Co's Enterprise Value for the quarter that ended in Dec. 2021 was $2,267 Mil. R.R.Donnelley & Sons Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2021 was $168 Mil. R.R.Donnelley & Sons Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2021 was 7.84%.

The historical rank and industry rank for R.R.Donnelley & Sons Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

RRD's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Business Services industry.
Industry Median: 5.61
* 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) %. R.R.Donnelley & Sons Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2021 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.


R.R.Donnelley & Sons Co Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for R.R.Donnelley & Sons 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.

R.R.Donnelley & Sons Co Earnings Yield (Joel Greenblatt) % Chart

R.R.Donnelley & Sons Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.30 8.63 9.62 7.45 7.84

R.R.Donnelley & Sons Co Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 7.45 6.36 7.35 10.94 7.84

Competitive Comparison of R.R.Donnelley & Sons Co's Earnings Yield (Joel Greenblatt) %

For the Specialty Business Services subindustry, R.R.Donnelley & Sons 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.


R.R.Donnelley & Sons Co's Earnings Yield (Joel Greenblatt) % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, R.R.Donnelley & Sons Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where R.R.Donnelley & Sons Co's Earnings Yield (Joel Greenblatt) % falls into.



R.R.Donnelley & Sons 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.

R.R.Donnelley & Sons Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2021 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=177.8/2267.489372
=7.84 %

R.R.Donnelley & Sons Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $168 Mil.



R.R.Donnelley & Sons Co  (NYSE:RRD) 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.


R.R.Donnelley & Sons Co Earnings Yield (Joel Greenblatt) % Related Terms

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


R.R.Donnelley & Sons Co (R.R.Donnelley & Sons Co) Business Description

Traded in Other Exchanges
N/A
Address
35 West Wacker Drive, Chicago, IL, USA, 60601
R.R.Donnelley & Sons Co provides integrated communication strategies by helping organizations communicate more effectively by working to create, manage and produce the content on behalf of its customers. It assists its customers in developing and executing multichannel communication strategies. The company carries its operations in the United States, Europe, Asia and other countries. The maximum earnings come from the U.S.A.
Executives
Chatham Asset Management, Llc 10 percent owner 26 MAIN STREET, SUITE 204, CHATHAM NJ 07928
David Miles Houck officer: EVP, Chief Information Officer 35 WEST WACKER DR. CHICAGO IL 60606
Dupont Albert officer: EVP, Chief Commercial Officer 35 WEST WACKER DR. CHICAGO IL 60606
Ray James R Jr director COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054
Kenneth E O'brien officer: EVP and CIO C/O RR DONNELLEY & SONS COMPANY 35 W. WACKER DRIVE CHICAGO IL 60601
Sheila M Rutt officer: EVP and CHRO 5995 MAYFAIR ROAD, NORTH CANTON OH 44720
Terry D Peterson officer: See Remarks 3680 VICTORIA STREET N., SHOREVIEW MN 55128
Douglas D Ryan officer: President-Marketing Solutions C/O RR DONNELLEY & SONS COMPANY 35 W. WACKER DRIVE CHICAGO IL 60601
J. Glynn Perry officer: EVP, Operations C/O RR DONNELLEY & SONS COMPANY 35 W. WACKER DRIVE CHICAGO IL 60601
Timothy R Mclevish director 2440 BEAR HOLLOW DRIVE, PARK CITY UT 84098
Irene M Esteves director C/O TIME WARNER CABLE INC., 60 COLUMBUS CIRCLE, 17TH FLOOR, NEW YORK NY 10023
Michael J Sharp officer: SVP - Chief Accounting Officer 1100 N WOOD DALE ROAD, WOOD DALE IL 60191
Daniel L. Knotts director, officer: CEO and President C/O RR DONNELLEY 111 SOUTH WACKER DRIVE CHICAGO IL 60606
John P Pecaric officer: See Remarks C/O RR DONNELLEY & SONS COMPANY 35 W. WACKER DRIVE CHICAGO IL 60601
Jamie Moldafsky director C/O WELLS FARGO 420 MONTGOMERY ST., 12TH FLOOR SAN FRANCISCO CA 94104

R.R.Donnelley & Sons Co (R.R.Donnelley & Sons Co) Headlines

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