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Dignity (Dignity) Earnings Yield (Joel Greenblatt) % : -37.74% (As of Dec. 2022)


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What is Dignity Earnings Yield (Joel Greenblatt) %?

Dignity's Enterprise Value for the quarter that ended in Dec. 2022 was $0.00 Mil. Dignity's EBIT for the trailing twelve months (TTM) ended in Dec. 2022 was $-368.42 Mil. Dignity's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2022 was -37.74%.

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

DGNTY' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -35.81   Med: 5.7   Max: 11.46
Current: -34.72

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Dignity was 11.46%. The lowest was -35.81%. And the median was 5.70%.

DGNTY's Earnings Yield (Joel Greenblatt) % is not ranked
in the Personal Services industry.
Industry Median: 4.41 vs DGNTY: -34.72

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) %. Dignity's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2022 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.


Dignity Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Dignity'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.

Dignity Earnings Yield (Joel Greenblatt) % Chart

Dignity Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 8.87 1.11 7.13 -37.74

Dignity Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
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 1.11 - 7.13 - -37.74

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

For the Personal Services subindustry, Dignity'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.


Dignity's Earnings Yield (Joel Greenblatt) % Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Dignity's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Dignity 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.

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

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-366.504/0
= %

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.



Dignity  (GREY:DGNTY) 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.


Dignity Earnings Yield (Joel Greenblatt) % Related Terms

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


Dignity (Dignity) Business Description

Industry
Traded in Other Exchanges
N/A
Address
4 King Edwards Court, King Edwards Square, Sutton Coldfield, West Midlands, GBR, B73 6AP
Dignity PLC is engaged in the provision of funeral services. The company has three operating segments, including funeral services, crematoria operation, and pre-arranged funeral plans. Funeral services, which generate the majority of revenue, include the provision of funerals and ancillary items, such as flowers and memorials. Crematoria services include cremation services and the sale of memorials and burial plots. Pre-arranged funeral plans include the sale of funerals in advance to customers who make their funeral arrangements. The company derives most of its revenue from the United Kingdom.

Dignity (Dignity) Headlines

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