Oaktree Acquisition II (Oaktree Acquisition II) Earnings Yield (Joel Greenblatt) % : -1.49% (As of Mar. 2022)

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What is Oaktree Acquisition II Earnings Yield (Joel Greenblatt) %?

Oaktree Acquisition II's Enterprise Value for the quarter that ended in Mar. 2022 was $0.00 Mil. Oaktree Acquisition II's EBIT for the trailing twelve months (TTM) ended in Mar. 2022 was $-4.64 Mil. Oaktree Acquisition II's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2022 was -1.49%.

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

OACB.U' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1.62 Med: 0 Max: 1.29
Current: -1.59

During the past 2 years, the highest Earnings Yield (Joel Greenblatt) of Oaktree Acquisition II was 1.29%. The lowest was -1.62%. And the median was 0.00%.

OACB.U's Earnings Yield (Joel Greenblatt) % is not ranked
in the Diversified Financial Services industry.
Industry Median: -1.72 vs OACB.U: -1.59

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) %. Oaktree Acquisition II's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 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.

Oaktree Acquisition II Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Oaktree Acquisition II'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.

Oaktree Acquisition II Earnings Yield (Joel Greenblatt) % Chart

Oaktree Acquisition II Annual Data

Trend

Dec20

Dec21

Earnings Yield (Joel Greenblatt) %

1.30

Oaktree Acquisition II Quarterly Data
	Jul20	Mar21	Jun21	Sep21	Dec21	Mar22
Earnings Yield (Joel Greenblatt) %	Get a 7-Day Free Trial			-	-	-0.01	1.30	-1.49

Competitive Comparison of Oaktree Acquisition II's Earnings Yield (Joel Greenblatt) %

For the Shell Companies subindustry, Oaktree Acquisition II'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.

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

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

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

Oaktree Acquisition II 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.

Oaktree Acquisition IIs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2021 is calculated as

Earnings Yield (Joel Greenblatt)	=	EBIT	/	Enterprise Value
	=	3.993	/	0
	=	%

Oaktree Acquisition II's EBIT for the trailing twelve months (TTM) ended in Mar. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.64 Mil.

Oaktree Acquisition II (NYSE:OACB.U) 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

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.

Oaktree Acquisition II Earnings Yield (Joel Greenblatt) % Related Terms

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

Oaktree Acquisition II (Oaktree Acquisition II) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Oaktree Acquisition Corp II (NYSE:OACB.U) » Definitions » Earnings Yield (Joel Greenblatt) %

Comparable Companies

Traded in Other Exchanges

N/A

Address

333 South Grand Avenue, 28th Floor, Los Angeles, CA, USA, 90071

Website

https://www.oaktreeacquisitioncorp.com

Oaktree Acquisition Corp II is a blank check company.

Executives

Mathew Pendo	officer: Chief Operating Officer	C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Acquisition Holdings Ii Gp, Ltd.	10 percent owner	C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Acquisition Holdings Ii, L.p.	10 percent owner	C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 SOUTH GRAND AVE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Capital Management Gp, Llc	10 percent owner	333 SOUTH GRAND AVE, 28TH FLOOR, LOS ANGELES CA 90071
Atlas Ocm Holdings, Llc	10 percent owner	C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Patrick Mccaney	director, officer: Chief Executive Officer	C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Alexander Taubman	officer: President	C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Zaid Pardesi	officer: See Remarks	C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Anthony Grillo	director	PLEASANTVILLE RD, NEW VERNON NJ 07976
Oaktree Capital Group Holdings Gp, Llc	10 percent owner	333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Andrea L Wong	director	12300 LIBERTY BLVD., ENGLEWOOD CO 80112
Partners Ltd	10 percent owner	181 BAY STREET, BROOKFIELD PLACE, SUITE 300, TORONTO A6 M5J2T3
Brookfield Asset Management Inc.	10 percent owner	BROOKFIELD PLACE, 181 BAY ST, STE 100, PO BOX 762, TORONTO A6 M5J2T3
John Frank	director	C/O OAKTREE CAPITAL MANAGEMENT, 333 SOUTH GRAND 28TH FLOOR, LOS ANGELES CA 90071
Paul M Meister	director	18 SHIP ROCK ROAD, NORTH HAMPTON NH 03862