DP World (DFM:DPW) Earnings Yield (Joel Greenblatt) %: 8.61% (As of Dec. 2019) — 23% Above Median

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What is DP World Earnings Yield (Joel Greenblatt) %?

DP World DFM:DPW Earnings Yield (Joel Greenblatt) % is 8.61% as of Dec. 2019, which is 23% above its 10-year median of 7.01. The stock has 9 warning signs investors should review.

DP World's Enterprise Value for the quarter that ended in Dec. 2019 was د.إ0.00 Mil. DP World's EBIT for the trailing twelve months (TTM) ended in Dec. 2019 was د.إ7,987.91 Mil. DP World's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2019 was 8.61%.

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

DFM:DPW' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.63   Med: 7.01   Max: 10.36
Current: 7.7

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of DP World was 10.36%. The lowest was 4.63%. And the median was 7.01%.

DFM:DPW's Earnings Yield (Joel Greenblatt) % is not ranked
in the Transportation industry.
Industry Median: 6.87 vs DFM:DPW: 7.70

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) %. DP World's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2019 was 23.19%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five 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.


DP World  (DFM:DPW) 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.


DP World Earnings Yield (Joel Greenblatt) % Related Terms


DP World Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for DP World'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.

DP World Earnings Yield (Joel Greenblatt) % Chart

DP World Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.86 8.21 6.62 9.32 8.61

DP World Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
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 6.62 0.00 9.32 0.00 8.61

DFM:DPW vs KEX: Earnings Yield (Joel Greenblatt) % Comparison

For the Marine Shipping subindustry, DP World'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.


DP World Earnings Yield (Joel Greenblatt) % vs Transportation Industry

For the Transportation industry and Industrials sector, DP World's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



DP World 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.

DP Worlds Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2019 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=7987.915/0
= %

For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.


What does a Earnings Yield (Joel Greenblatt) % of 8.61% mean?
DP World (DFM:DPW) has a Earnings Yield (Joel Greenblatt) % of 8.61% as of Dec. 2019. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on DP World and its competitors. This is 23% above median its historical median of 7.01. Over the past decade, DP World's Earnings Yield (Joel Greenblatt) % has ranged from 4.63 to 10.36.
Is DP World's Earnings Yield (Joel Greenblatt) % too high?
DP World's current Earnings Yield (Joel Greenblatt) % of 8.61% is 23% above median its 10-year median of 7.01. Over the past 10 years, this metric has ranged from a low of 4.63 to a high of 10.36. The Transportation industry median Earnings Yield (Joel Greenblatt) % is 6.87. DP World's value of 8.61% is 25.3% above this industry median.
How does DP World's Earnings Yield (Joel Greenblatt) % compare to KEX?
DP World's Earnings Yield (Joel Greenblatt) % of 8.61% can be compared against companies in the Transportation industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.87. DP World's value of 8.61% is 25.3% above this benchmark. Historically, DP World's own Earnings Yield (Joel Greenblatt) % has ranged from 4.63 to 10.36 over the past decade. While the company's 10-year median is 7.01 vs. the industry median of 6.87, DP World has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a Transportation company?
The median Earnings Yield (Joel Greenblatt) % among Transportation companies is 6.87, based on 1,025 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. DP World's current Earnings Yield (Joel Greenblatt) % of 8.61% is 25.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on DP World and its competitors. For the Transportation industry, the median Earnings Yield (Joel Greenblatt) % is 6.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DP World's current Earnings Yield (Joel Greenblatt) % is 8.61%, which is 23% above median its own 10-year median of 7.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DP World stock overvalued right now?
DP World (DFM:DPW) has a current Earnings Yield (Joel Greenblatt) % of 8.61%. The current Earnings Yield (Joel Greenblatt) % is 8.61%, which is 23% above median its 10-year median of 7.01 and 25.3% above the Transportation industry median of 6.87. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For DP World (DFM:DPW), the current Earnings Yield (Joel Greenblatt) % is 8.61% as of Dec. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

DP World Business Description

Address Office 27, Level 3, Gate Village Building 4, PO Box 17000, Dubai International Financial Centre, Dubai, ARE
DP World PLC is a transportation and logistics company, domiciled in the United Arab Emirates. The company develops and manages international marine and inland terminal facilities, operates industrial parks and economic zones, and provides logistics services. DP World organises itself into three geographical segments: Asia-Pacific and the Indian subcontinent; Australia and Americas; and the Middle East, Europe, and Africa. The company derives the vast majority of revenue from the Middle East, Europe, and Africa.