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Bluescape Opportunities Acquisition (Bluescape Opportunities Acquisition) Earnings Yield (Joel Greenblatt) % : -0.48% (As of Jun. 2023)


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What is Bluescape Opportunities Acquisition Earnings Yield (Joel Greenblatt) %?

Bluescape Opportunities Acquisition's Enterprise Value for the quarter that ended in Jun. 2023 was $225.50 Mil. Bluescape Opportunities Acquisition's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was $-1.09 Mil. Bluescape Opportunities Acquisition's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2023 was -0.48%.

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

BOAC' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -0.53   Med: 0   Max: 0
Current: -0.48

BOAC's Earnings Yield (Joel Greenblatt) % is not ranked
in the Diversified Financial Services industry.
Industry Median: -1.61 vs BOAC: -0.48

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) %. Bluescape Opportunities Acquisition's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 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.


Bluescape Opportunities Acquisition Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Bluescape Opportunities Acquisition'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.

Bluescape Opportunities Acquisition Earnings Yield (Joel Greenblatt) % Chart

Bluescape Opportunities Acquisition Annual Data
Trend Dec20 Dec21 Dec22
Earnings Yield (Joel Greenblatt) %
- -0.13 -0.47

Bluescape Opportunities Acquisition Quarterly Data
Jul20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.11 -0.51 -0.47 -0.47 -0.48

Competitive Comparison of Bluescape Opportunities Acquisition's Earnings Yield (Joel Greenblatt) %

For the Shell Companies subindustry, Bluescape Opportunities Acquisition'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.


Bluescape Opportunities Acquisition's Earnings Yield (Joel Greenblatt) % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Bluescape Opportunities Acquisition's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Bluescape Opportunities Acquisition 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.

Bluescape Opportunities Acquisitions Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2022 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-1.046/221.70308
=-0.47 %

Bluescape Opportunities Acquisition's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.09 Mil.



Bluescape Opportunities Acquisition  (NYSE:BOAC) 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.


Bluescape Opportunities Acquisition Earnings Yield (Joel Greenblatt) % Related Terms

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Bluescape Opportunities Acquisition (Bluescape Opportunities Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
300 Crescent Court, Suite 1860, Dallas, TX, USA, 75201
Bluescape Opportunities Acquisition Corp is a special purpose acquisition company focused on essential assets and is formed to enter into a merger, amalgamation, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.
Executives
Brahman Capital Corp. 10 percent owner 655 THIRD AVENUE, 11TH FLOOR, NEW YORK NY 10017
Nomura Holdings Inc 10 percent owner 1-13-1 NIHONBASHI, CHUO-KU, TOKYO M0 103-8645
Nomura Global Financial Products Inc 10 percent owner WORLDWIDE PLAZA, 309 WEST 49TH STREET, NEW YORK NY 10019
Mitchell Andrew Kuflik 10 percent owner 655 THIRD AVENUE, 11TH FLOOR, NEW YORK NY 10017
Robert Joseph Sobel 10 percent owner 655 THIRD AVENUE, 11TH FLOOR, NEW YORK NY 10017
Brahman Management, L.l.c. 10 percent owner 655 THIRD AVENUE, 11TH FLOOR, NEW YORK NY 10017
Hebert Curtis L Jr director
C John Wilder director, 10 percent owner, officer: Chairman & CEO ENTERGY CORP, 639 LOYOLA AVENUE, NEW ORLEANS LA 70113
Duncan Palmer director ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Jonathan A Siegler director, officer: Pres & Chief Operating Officer 1601 BRYAN STREET, DALLAS TX 75201
Hoff Graham Vant director C/O BLUESCAPE ENERGY PARTNERS, LLC, 200 CRESCENT COURT, SUITE 1900, DALLAS TX 75201
Bluescape Sponsor Llc 10 percent owner 200 CRESCENT COURT, SUITE 1900, DALLAS TX 75201
Lillian Meyer officer: Chief Financial Officer C/O BLUESCAPE ENERGY PARTNERS, LLC, 200 CRESCENT COURT, SUITE 1900, DALLAS TX 75201

Bluescape Opportunities Acquisition (Bluescape Opportunities Acquisition) Headlines