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AgroFresh Solutions (NAS:AGFS) Earnings Yield (Joel Greenblatt) %

: -2.27% (As of Dec. 2022)
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AgroFresh Solutions's Enterprise Value for the quarter that ended in Dec. 2022 was $538.7 Mil. AgroFresh Solutions's EBIT for the trailing twelve months (TTM) ended in Dec. 2022 was $-12.2 Mil. AgroFresh Solutions's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2022 was -2.27%.

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

AGFS' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -9.21   Med: 0.43   Max: 30.21
Current: -2.29

During the past 10 years, the highest Earnings Yield (Joel Greenblatt) of AgroFresh Solutions was 30.21%. The lowest was -9.21%. And the median was 0.43%.

AGFS's Earnings Yield (Joel Greenblatt) % is ranked worse than
80.14% of 1848 companies
in the Consumer Packaged Goods industry
Industry Median: 4.43 vs AGFS: -2.29

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) %. AgroFresh Solutions's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2022 was 2.93%. 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.


AgroFresh Solutions Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for AgroFresh Solutions'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.

AgroFresh Solutions Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Earnings Yield (Joel Greenblatt) %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.06 -8.76 0.42 3.93 -2.27

AgroFresh Solutions Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Earnings Yield (Joel Greenblatt) % 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 Premium Member Only Premium Member Only Premium Member Only 3.93 0.85 -0.09 -1.12 -2.27

Competitive Comparison

For the Farm Products subindustry, AgroFresh Solutions'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.

   

AgroFresh Solutions Earnings Yield (Joel Greenblatt) % Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, AgroFresh Solutions's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where AgroFresh Solutions's Earnings Yield (Joel Greenblatt) % falls in comparison to its industry or sector. The grey bar indicates the Earnings Yield (Joel Greenblatt) %'s extreme value range as defined by GuruFocus.



AgroFresh Solutions 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.

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

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-12.211/538.71928
=-2.27 %

AgroFresh Solutions's EBIT for the trailing twelve months (TTM) ended in Dec. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-12.2 Mil.



AgroFresh Solutions  (NAS:AGFS) 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.


AgroFresh Solutions Earnings Yield (Joel Greenblatt) % Related Terms

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


AgroFresh Solutions (NAS:AGFS) Business Description

AgroFresh Solutions logo
Traded in Other Exchanges
Address
510-530 Walnut Street, Suite 1350, One Washington Square, Philadelphia, PA, USA, 19106
AgroFresh Solutions Inc creates agricultural technologies that preserve the quality and value of fresh produce and flowers. One such product is SmartFresh, which blocks the effects of ethylene and delays ripening while leaving no visible residue. Geographically, the company operates in North America, Latin America, EMEA, and Asia-Pacific. The majority of sales are recognized in the EMEA region. The firm provides its solutions to growers, packers, and retailers. Its operating segment includes AgroFresh Core and Tecnidex. The company generates maximum revenue from AgroFresh Core segment.
Executives
David Mcinerney director 510-530 WALNUT STREET, SUITE 1350, PHILADELPHIA PA 19106
Peter Sykes director ONE WASHINGTON SQUARE, 510-530 WALNUT STREET, SUITE 1350, PHILADELPHIA PA 19106
John Atkin director 510-530 WALNUT STREET, SUITE 1350, PHILADELPHIA PA 19106
Kay Kuenker director C/O AGROFRESH SOLUTIONS, INC., 510-530 WALNUT ST., SUITE 1350, PHILADELPHIA PA 19106
Lewis Clinton A. Jr. director, officer: CEO C/O ZOETIS INC., 100 CAMPUS DRIVE, FLORHAM PARK NJ 07940
Dow Inc. 10 percent owner 2211 H.H. DOW WAY, MIDLAND MI 48674
Peter Berweger director 475 FIFTH AVENUE, 17TH FLOOR, NEW YORK NY 10017
Paine Schwartz Partners, Llc director, 10 percent owner 475 FIFTH AVENUE, 17TH FLOOR, NEW YORK CITY NY 10017
Paine W Dexter Iii 10 percent owner 950 TOWER LANE, SUITE 1150, FOSTER CITY CA 94404
Paine Schwartz Food Chain Fund V Gp, L.p. 10 percent owner 475 FIFTH AVENUE, 17TH FLOOR, NEW YORK CITY NY 10017
Psp Agfs Holdings, L.p. 10 percent owner 475 FIFTH AVENUE, 17TH FLOOR, NEW YORK CITY NY 10017
Kevin Schwartz 10 percent owner 475 FIFTH AVENUE, 17TH FLOOR, NEW YORK CITY NY 10017
Paine Schwartz Food Chain Fund V Gp, Ltd. 10 percent owner 475 FIFTH AVENUE, 17TH FLOOR, NEW YORK CITY NY 10017
Alexander Corbacho director 475 FIFTH AVENUE, 17TH FLOOR, NEW YORK NY 10017
Graham G Miao officer: Chief Financial Officer C/O PERNIX THERAPEUTICS HOLDINGS, INC., 10 NORTH PARK PLACE, SUITE 201, MORRISTOWN NJ 07960

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