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Box (BOX) Earnings Yield (Joel Greenblatt) %

: 1.19% (As of Jan. 2024)
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Box's Enterprise Value for the quarter that ended in Jan. 2024 was $4,253 Mil. Box's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was $51 Mil. Box's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jan. 2024 was 1.19%.

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

BOX' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -18.62   Med: -4.67   Max: 1.23
Current: 1.18

During the past 12 years, the highest Earnings Yield (Joel Greenblatt) of Box was 1.23%. The lowest was -18.62%. And the median was -4.67%.

BOX's Earnings Yield (Joel Greenblatt) % is ranked worse than
50.18% of 2844 companies
in the Software industry
Industry Median: 1.2 vs BOX: 1.18

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) %. Box's Forward Rate of Return (Yacktman) % for the quarter that ended in Jan. 2024 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.


Box Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Box'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.

Box Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Earnings Yield (Joel Greenblatt) %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.60 -1.33 -0.64 0.71 1.19

Box Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.71 1.03 1.01 1.19 1.19

Competitive Comparison

For the Software - Infrastructure subindustry, Box'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.


Box Earnings Yield (Joel Greenblatt) % Distribution

For the Software industry and Technology sector, Box's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Box 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.

Boxs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jan. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=50.753/4253.49494
=1.19 %

Box's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $51 Mil.



Box  (NYSE:BOX) 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.


Box Earnings Yield (Joel Greenblatt) % Related Terms

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


Box (BOX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Box Inc (NYSE:BOX) » Definitions » Earnings Yield (Joel Greenblatt) %
Traded in Other Exchanges
Address
900 Jefferson Avenue, Redwood City, CA, USA, 94063
Box is a cloud-based content services platform that provides cloud-based storage and workflow collaboration services for enterprise customers. The firm was founded in 2005 as a file-sync and sharing provider. More recently, however, the company has focused on bolstering its product portfolio by adding tools such as governance and e-signature to enhance workflow management and collaboration.
Executives
Dylan C Smith director, 10 percent owner, officer: Chief Financial Officer C/O BOX INC, 4440 EL CAMINO REAL, LOS ALTOS CA 94022
Eli Berkovitch officer: VP Chief Acct Ofr & Controller 900 JEFFERSON AVE, REDWOOD CITY CA 94063
Aaron Levie director, 10 percent owner, officer: Chief Executive Officer C/O BOX INC, 4440 EL CAMINO, LOS ALTOS CA 94022
Jack R Lazar director 400 W. CESAR CHAVEZ, ATTN: STOCK ADMINISTRATION, AUSTIN TX 78701
Dana L Evan director 550 EAST TIMPANOGOS CIRCLE, *, OREM UT 84097
Daniel J Levin director, 10 percent owner, officer: President & COO 4440 EL CAMINO REAL, LOS ALTOS CA 94022
Amit Walia director 2100 SEAPORT BLVD., REDWOOD CITY CA 94063
Kimberly Hammonds director 100 EAST DAVIE STREET, RALEIGH NC 27601
John Ihn Park director C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 9 WEST 57TH STREET, NEW YORK NY 10019
Jeff Mannie officer: VP Controller & Chief Acct Ofr C/O BOX INC, 4440 EL CAMINO REAL, LOS ALTOS CA 94022
Carl Bass director C/O AUTODESK INC, 111 MELNNIS PARKWAY, SAN RAFAEL CA 94903
Bethany Mayer director C/O IXIA, 26601 W. AGOURA ROAD, CALABASAS CA 91302
Peter Leav director 7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007
Josh Stein director C/O DRAPER FISHER JURVETSON, 2882 SAND HILL ROAD SUITE 150, MENLO PARK CA 94025
Rory O'driscoll director, 10 percent owner 950 TOWER LANE, SUITE 700, FOSTER CITY CA 94404