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IronNet (IronNet) Earnings Yield (Joel Greenblatt) % : -121.95% (As of Oct. 2023)


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What is IronNet Earnings Yield (Joel Greenblatt) %?

IronNet's Enterprise Value for the quarter that ended in Oct. 2023 was $29.29 Mil. IronNet's EBIT for the trailing twelve months (TTM) ended in Oct. 2023 was $-35.52 Mil. IronNet's Earnings Yield (Joel Greenblatt) for the quarter that ended in Oct. 2023 was -121.95%.

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

IRNTQ' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -602.38   Med: -126.96   Max: -2.23
Current: -109.89

During the past 3 years, the highest Earnings Yield (Joel Greenblatt) of IronNet was -2.23%. The lowest was -602.38%. And the median was -126.96%.

IRNTQ's Earnings Yield (Joel Greenblatt) % is not ranked
in the Software industry.
Industry Median: 1.15 vs IRNTQ: -109.89

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) %. IronNet's Forward Rate of Return (Yacktman) % for the quarter that ended in Oct. 2023 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.


IronNet Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for IronNet'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.

IronNet Earnings Yield (Joel Greenblatt) % Chart

IronNet Annual Data
Trend Jan21 Jan22 Jan23
Earnings Yield (Joel Greenblatt) %
- -94.34 -188.68

IronNet Quarterly Data
Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 -185.19 -188.68 -169.49 -140.85 -121.95

Competitive Comparison of IronNet's Earnings Yield (Joel Greenblatt) %

For the Software - Infrastructure subindustry, IronNet'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.


IronNet's Earnings Yield (Joel Greenblatt) % Distribution in the Software Industry

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

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



IronNet 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.

IronNets Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jan. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-109.679/57.613934
=-190.37 %

IronNet's EBIT for the trailing twelve months (TTM) ended in Oct. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-35.52 Mil.



IronNet  (OTCPK:IRNTQ) 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.


IronNet Earnings Yield (Joel Greenblatt) % Related Terms

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


IronNet (IronNet) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » IronNet Inc (OTCPK:IRNTQ) » Definitions » Earnings Yield (Joel Greenblatt) %
Traded in Other Exchanges
N/A
Address
7900 Tysons One Place, Suite 400, McLean, VA, USA, 22102
IronNet Inc is a cybersecurity leader that is transforming how organizations secure their networks by delivering the first-ever Collective Defense platform operating at scale.
Executives
Linda Kay Zecher director, officer: Chief Executive Officer C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861
Donald Closser officer: Chief Product Officer C/O IRONNET, INC., 7900 TYSONS ONE PLACE, SUITE 400, MCLEAN VA 22102
Cameron Pforr officer: Chief Financial Officer C/O IRONNET, INC., 7900 TYSONS ONE PLACE, SUITE 400, MCLEAN VA 22102
James C Gerber officer: Chief Financial Officer C/O IRONNET, INC., 7900 TYSONS ONE PLACE, SUITE 400, MCLEAN VA 22102
William E Welch director, officer: Co-CEO & Director C/O ZSCALER INC, 110 ROSE ORCHARD WAY, SAN JOSE CA 95134
Michael J Rogers director C/O IRONNET, INC., 7900 TYSONS ONCE PLACE, SUITE 400, MCLEAN VA 22102
John M Keane director C/O METLIFE INC, ONE MADISON AVE, NEW YORK NY 10010
Keith Brian Alexander director, officer: Co-CEO, President & Chairman P.O. BOX 81226, SEATTLE WA 98108-1226
Forgepoint Cybersecurity Fund I, L.p. 10 percent owner 400 S. EL CAMINO REAL, SUITE 1050, SAN MATEO CA 94402
Forgepoint Cybersecurity Gp-i, Llc 10 percent owner 400 S EL CAMINO REAL SUITE 1050, SAN MATEO CA 94402
Andre Pienaar director C/O IRONNET, INC., 7900 TYSONS ONE PLACE, SUITE 400, MCLEAN VA 22102
Sean Foster officer: Chief Revenue Officer C/O IRONNET, INC., 7900 TYSONS ONE PLACE, SUITE 400, MCLEAN VA 22102
Russell Cobb officer: Chief Marketing Officer C/O IRONNET, INC., 7900 TYSONS ONE PLACE, SUITE 400, MCLEAN VA 22102
Forgepoint Cyber Co-investors I-e, L.p. 10 percent owner 400 S. EL CAMINO REAL, SUITE 1050, SAN MATEO CA 94402
Forgepoint Cyber Co-investors I-c, L.p. 10 percent owner 400 S. EL CAMINO REAL, SUITE 1050, SAN MATEO CA 94402

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