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Social Capital Suvretta Holdings IV (Social Capital Suvretta Holdings IV) Earnings Yield (Joel Greenblatt) % : -0.27% (As of Mar. 2023)


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What is Social Capital Suvretta Holdings IV Earnings Yield (Joel Greenblatt) %?

Social Capital Suvretta Holdings IV's Enterprise Value for the quarter that ended in Mar. 2023 was $325.89 Mil. Social Capital Suvretta Holdings IV's EBIT for the trailing twelve months (TTM) ended in Mar. 2023 was $-0.87 Mil. Social Capital Suvretta Holdings IV's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2023 was -0.27%.

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

DNAD' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -0.27   Med: 0   Max: 0
Current: -0.26

DNAD's Earnings Yield (Joel Greenblatt) % is not ranked
in the Diversified Financial Services industry.
Industry Median: -1.75 vs DNAD: -0.26

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) %. Social Capital Suvretta Holdings IV's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 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.


Social Capital Suvretta Holdings IV Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Social Capital Suvretta Holdings IV'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.

Social Capital Suvretta Holdings IV Earnings Yield (Joel Greenblatt) % Chart

Social Capital Suvretta Holdings IV Annual Data
Trend Dec21 Dec22
Earnings Yield (Joel Greenblatt) %
- -0.27

Social Capital Suvretta Holdings IV Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only -0.16 -0.23 -0.21 -0.27 -0.27

Competitive Comparison of Social Capital Suvretta Holdings IV's Earnings Yield (Joel Greenblatt) %

For the Shell Companies subindustry, Social Capital Suvretta Holdings IV'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.


Social Capital Suvretta Holdings IV's Earnings Yield (Joel Greenblatt) % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Social Capital Suvretta Holdings IV's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Social Capital Suvretta Holdings IV's Earnings Yield (Joel Greenblatt) % falls into.



Social Capital Suvretta Holdings IV 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.

Social Capital Suvretta Holdings IVs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2022 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-0.869/320.3635
=-0.27 %

Social Capital Suvretta Holdings IV's EBIT for the trailing twelve months (TTM) ended in Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.87 Mil.



Social Capital Suvretta Holdings IV  (NAS:DNAD) 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.


Social Capital Suvretta Holdings IV Earnings Yield (Joel Greenblatt) % Related Terms

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Social Capital Suvretta Holdings IV (Social Capital Suvretta Holdings IV) Business Description

Traded in Other Exchanges
N/A
Address
2850 W. Horizon Ridge Parkway, Suite 200, Henderson, NV, USA, 89052
Website
Social Capital Suvretta Holdings Corp IV is a newly incorporated blank check company.
Executives
William J Newell director 887 GREAT NORTHERN WAY, VANCOUVER A1 V5T 4T5
Biren Amin director C/O IMMUNEERING CORPORATION, 245 MAIN STREET, SECOND FLOOR, CAMBRIDGE MA 02142
Steven Marc Solomon director 584 THE ALAMEDA, BERKELEY CA 94707
Amit Munshi director C/O EPIRUS BIOPHARMACEUTICALS, INC., 699 BOYLSTON STREET, 8TH FLOOR, BOSTON MA 02116
James Ryans officer: Chief Financial Officer C/O SOCIAL CAPITAL, 120 HAWTHORNE AVENUE, PALO ALTO CA 94301
Chamath Palihapitiya other: Manager THE SOCIAL-CAPITAL PARTNERSHIP, L.L.C., 506 SANTA CRUZ AVENUE, SUITE 300, MENLO PARK CA 94025
Kishan Mehta other: Manager 540 WEST 49TH STREET, UNIT# PH1N, NEW YORK NY 10019
Shoney Katz officer: Director of Research 22 CORNELIA DRIVE, GREENWICH CT 06830
Aaron Cowen other: Manager of Minority Owner 540 MADISON AVENUE, 7TH FLOOR, NEW YORK NY 10022
Scs Sponsor Iv Llc director, 10 percent owner 2850 W. HORIZON RIDGE PARKWAY, SUITE 200, HENDERSON NV 89052
Chachacha Dna Iv, Llc other: Majority Owner 317 UNIVERSITY AVE, SUITE 200, PALO ALTO CA 94301

Social Capital Suvretta Holdings IV (Social Capital Suvretta Holdings IV) Headlines