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Dupont Fabros Technology (Dupont Fabros Technology) Earnings Yield (Joel Greenblatt) % : 3.55% (As of Jun. 2017)


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What is Dupont Fabros Technology Earnings Yield (Joel Greenblatt) %?

Dupont Fabros Technology's Enterprise Value for the quarter that ended in Jun. 2017 was $0.00 Mil. Dupont Fabros Technology's EBIT for the trailing twelve months (TTM) ended in Jun. 2017 was $218.41 Mil. Dupont Fabros Technology's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2017 was 3.55%.

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

DFTPRC.PFD' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1   Med: 4   Max: 5.1
Current: 3.41

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Dupont Fabros Technology was 5.10%. The lowest was 1.00%. And the median was 4.00%.

DFTPRC.PFD's Earnings Yield (Joel Greenblatt) % is not ranked
in the REITs industry.
Industry Median: 2.78 vs DFTPRC.PFD: 3.41

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) %. Dupont Fabros Technology's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2017 was 6.84%. 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.


Dupont Fabros Technology Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Dupont Fabros Technology'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.

Dupont Fabros Technology Earnings Yield (Joel Greenblatt) % Chart

Dupont Fabros Technology Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.49 3.88 4.26 1.03 4.72

Dupont Fabros Technology Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial 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 1.73 2.10 4.72 4.36 3.55

Competitive Comparison of Dupont Fabros Technology's Earnings Yield (Joel Greenblatt) %

For the REIT - Office subindustry, Dupont Fabros Technology'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.


Dupont Fabros Technology's Earnings Yield (Joel Greenblatt) % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Dupont Fabros Technology's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Dupont Fabros Technology 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.

Dupont Fabros Technologys Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2016 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=233.453/0
= %

Dupont Fabros Technology's EBIT for the trailing twelve months (TTM) ended in Jun. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $218.41 Mil.



Dupont Fabros Technology  (NYSE:DFTPRC.PFD) 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.


Dupont Fabros Technology Earnings Yield (Joel Greenblatt) % Related Terms

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


Dupont Fabros Technology (Dupont Fabros Technology) Business Description

Traded in Other Exchanges
N/A
Address
Dupont Fabros Technology, or DFT, is a real estate investment trust engaged in the design and operation of multitenant, wholesale data centers in metropolitan areas across the United States. The company provides the space and infrastructure, such as electrical power, security, and fire suppression services for customers to operate their servers and computing equipment. Its real estate portfolio is composed of large data centers located in the Northern Virginia, Chicago, Greater New York City, and Santa Clara, California areas. DFT derives the majority of its income in the form of rental revenue from tenants in short- to medium-term lease agreements. The company's major customers are technology companies, including Microsoft, Facebook, and Yahoo, which account for most of its revenue.

Dupont Fabros Technology (Dupont Fabros Technology) Headlines

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