Dragoneer Growth Opportunities (Dragoneer Growth Opportunities) Earnings Yield % : % (As of May. 26, 2024)

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What is Dragoneer Growth Opportunities Earnings Yield %?

The earnings yield is an indication of how much return shareholders' investment in the company earned over the past 12 months. The higher the earnings yield is, the better.

As of today (2024-05-26), the stock price of Dragoneer Growth Opportunities is $9.54. Dragoneer Growth Opportunities does not have enough years/quarters to calculate its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2020. Therefore, GuruFocus does not calculate Dragoneer Growth Opportunities's earnings yield at this moment.

The earnings yield does not consider the growth of the business. A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Dragoneer Growth Opportunities's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2020 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.

Dragoneer Growth Opportunities Earnings Yield % Calculation

Earnings yield is the reciprocal of the P/E Ratio.

Dragoneer Growth Opportunities's Earnings Yield for today is calculated as

Earnings Yield	=	Earnings per Share (Diluted) (TTM)	/	Share Price
	=		/	9.54
	=	%

It can also be calculated from the numbers for the whole company:

Earnings Yield

Net Income

Market Cap

The earnings in the calculation is the Trailing Twelve Months earnings.

Dragoneer Growth Opportunities (NYSE:DGNR.U) Earnings Yield % Explanation

If the P/E ratio is an indication of how many years it takes for the company to earn back the stock price shareholders pay to buy the shares, the earnings yield is an indication of how much return shareholders' investment in the company earned over the past 12 months. The higher the earnings yield is, the better.

If a company loses money, the earnings yield is negative. This gives a more straightforward indication that the company is losing money. This is an advantage of using earnings yield instead of the P/E ratio in valuation. For valuation purposes, the P/B Ratio and the P/S Ratio should be used for companies that are losing money.

Like the P/E ratio, the earnings yield can be used to compare investments in different industries. It can even be used to compare the attractiveness of different asset classes such as bonds and cash. Of course, the earnings yield should not be the only factor in deciding which asset classes to invest.

Also similar to the P/E ratio, the earnings yield does not consider the growth of the business. A growing company with the same earnings yield should be more attractive than a company that has the same earnings yield but does not grow.

A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %.

Be Aware

Just like the P/E Ratio, non-recurring items such as selling part of the business, selling a previous investment, etc., can affect earnings yield dramatically. The earning yield is also a poor indication for cyclical companies. When a cyclical stock has a high earnings yield it is usually at the peak of its cycle.

Dragoneer Growth Opportunities Earnings Yield % Related Terms

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Dragoneer Growth Opportunities (Dragoneer Growth Opportunities) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Dragoneer Growth Opportunities Corp (NYSE:DGNR.U) » Definitions » Earnings Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

One Letterman Drive, Building D, Suite M500, San Francisco, CA, USA, 94129

Website

https://www.dragoneergrowth.com

Dragoneer Growth Opportunities Corp is a blank check company.

Executives

Sarah Friar	director	C/O NEXTDOOR HOLDINGS, INC., 420 TAYLOR STREET, SAN FRANCISCO CA 94102
Marc Stad	director, 10 percent owner, officer: Chief Executive Officer	ONE LETTERMAN DRIVE, BUILDING C, SUITE 3, SAN FRANCISCO CA 94129
Douglas Merritt	director	C/O SPLUNK INC., 250 BRANNAN STREET, SAN FRANCISCO CA 94107
Gokul Rajaram	director	301 CONGRESS AVENUE, SUITE 700, AUSTIN TX 78701
Jay Simons	director	25 FIRST STREET, 2ND FLOOR, CAMBRIDGE MA 02141
David D Ossip	director	C/O CERIDIAN HCM HOLDING INC., 3311 EAST OLD SHAKOPEE ROAD, MINNEAPOLIS MN 55425
Pat Robertson	director, officer: President and COO	1 LETTERMAN DRIVE, BUILDING D, SUITE M500, SAN FRANCISCO CA 94129
Dragoneer Growth Opportunities Holdings	10 percent owner	1 LETTERMAN DRIVE, BUILDING D, SUITE M500, SAN FRANCISCO CA 94129