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

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UTAWF UTA Acquisition Corp UTAWF
19 GF Score
Price $0.00
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What is UTA Acquisition Earnings Yield (Joel Greenblatt) %?

UTA Acquisition UTAWF 19 Earnings Yield (Joel Greenblatt) % is -0.48% as of Jun. 2023. GuruFocus rates UTAWF with a GF Score™ of 19/100.

UTA Acquisition's Enterprise Value for the quarter that ended in Jun. 2023 was $0.00 Mil. UTA Acquisition's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was $-1.46 Mil. UTA Acquisition's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2023 was -0.48%.

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

UTAWF' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2.07   Med: 0   Max: 0
Current: -0.47

UTAWF's Earnings Yield (Joel Greenblatt) % is not ranked
in the Diversified Financial Services industry.
Industry Median: -0.205 vs UTAWF: -0.47

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) %. UTA 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 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.


UTA Acquisition  (OTCPK:UTAWF) 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.


UTA Acquisition Earnings Yield (Joel Greenblatt) % Related Terms


UTA Acquisition Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for UTA 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.

UTA Acquisition Earnings Yield (Joel Greenblatt) % Chart

UTA Acquisition Annual Data
Trend Dec21 Dec22
Earnings Yield (Joel Greenblatt) %
0.00 -0.44

UTA Acquisition Quarterly Data
Jul21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial -0.30 -0.40 -0.44 -0.48 -0.48

UTAWF vs BPAC, FLAG, CBRG: Earnings Yield (Joel Greenblatt) % Comparison

For the Shell Companies subindustry, UTA 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.


UTA Acquisition Earnings Yield (Joel Greenblatt) % vs Diversified Financial Services Industry

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

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


UTAWF
19GF Score
UTA Acquisition Corp UTAWF
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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UTA 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.

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

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-1.281/0
= %

UTA 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 $-1.46 Mil.


What does a Earnings Yield (Joel Greenblatt) % of -0.48% mean?
UTA Acquisition (UTAWF) has a Earnings Yield (Joel Greenblatt) % of -0.48% as of Jun. 2023. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on UTA Acquisition and its competitors.
Is UTA Acquisition's Earnings Yield (Joel Greenblatt) % too high?
UTA Acquisition's current Earnings Yield (Joel Greenblatt) % is -0.48%. Overall, UTA Acquisition has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does UTA Acquisition's Earnings Yield (Joel Greenblatt) % compare to BPAC and FLAG?
UTA Acquisition's Earnings Yield (Joel Greenblatt) % of -0.48% can be compared against companies in the Diversified Financial Services industry. 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 Diversified Financial Services company?
A good Earnings Yield (Joel Greenblatt) % depends on the Diversified Financial Services industry context. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 UTA Acquisition and its competitors. UTA Acquisition's current Earnings Yield (Joel Greenblatt) % is -0.48%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UTA Acquisition stock overvalued right now?
UTA Acquisition (UTAWF) has a current Earnings Yield (Joel Greenblatt) % of -0.48%. The current Earnings Yield (Joel Greenblatt) % is -0.48%. UTA Acquisition's overall GF Score™ is 19/100. 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 UTA Acquisition (UTAWF), the current Earnings Yield (Joel Greenblatt) % is -0.48% as of Jun. 2023. 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.

UTA Acquisition Business Description

Address 135 5th Avenue, 7th Floor, New York, NY, USA, 10010
UTA Acquisition Corp is a newly incorporated blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
19GF Score

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Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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