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FinTech Acquisition II (FinTech Acquisition II) Earnings Yield (Joel Greenblatt) % : -0.76% (As of Jun. 2018)


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What is FinTech Acquisition II Earnings Yield (Joel Greenblatt) %?

FinTech Acquisition II's Enterprise Value for the quarter that ended in Jun. 2018 was $239.00 Mil. FinTech Acquisition II's EBIT for the trailing twelve months (TTM) ended in Jun. 2018 was $-1.83 Mil. FinTech Acquisition II's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2018 was -0.76%.

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

FNTE's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Conglomerates industry.
Industry Median: 6.805
* Ranked among companies with meaningful Earnings Yield (Joel Greenblatt) % only.

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) %. FinTech Acquisition II's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2018 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.

FinTech Acquisition II Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for FinTech Acquisition II'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.

FinTech Acquisition II Earnings Yield (Joel Greenblatt) % Chart

FinTech Acquisition II Annual Data
Trend Dec15 Dec16 Dec17
Earnings Yield (Joel Greenblatt) %
- - -0.48

FinTech Acquisition II Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial -0.14 -0.21 -0.48 -0.55 -0.76

Competitive Comparison of FinTech Acquisition II's Earnings Yield (Joel Greenblatt) %

For the Conglomerates subindustry, FinTech Acquisition II'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.

FinTech Acquisition II's Earnings Yield (Joel Greenblatt) % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, FinTech Acquisition II's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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


FinTech Acquisition II 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.

FinTech Acquisition IIs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2017 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-1.132/236.658536
=-0.48 %

FinTech Acquisition II's EBIT for the trailing twelve months (TTM) ended in Jun. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.83 Mil.


FinTech Acquisition II  (NAS:FNTE) 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.

FinTech Acquisition II Earnings Yield (Joel Greenblatt) % Related Terms

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

FinTech Acquisition II (FinTech Acquisition II) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » FinTech Acquisition Corp II (NAS:FNTE) » Definitions » Earnings Yield (Joel Greenblatt) %
Comparable Companies
XPTY:UNEMB LACQ TSE:8285 ASX:RHL TSE:8057 MMDM CMSS BOM:526173 BUD:KONZUM IST:ECZYT XBRU:FLOB MIL:GPI XKRX:036530 EDRG BSP:JPSA3 INDU XPTY:MELO CVON XKRX:016880 NESR
Traded in Other Exchanges
N/A
Address
Website
https://www.fintechacquisition.com
FinTech Acquisition Corp II was incorporated in Delaware on May 28, 2015. The company is a blank check company.
Executives
Laura I Maydon director 9480 S. DIXIE HIGHWAY, MIAMI FL 33156
Robert Lisy Family Revocable Trust other: part of a 10% ownership group C/O INTERNATIONAL MONEY EXPRESS, INC., 9480 S. DIXIE HIGHWAY, MIAMI FL 33156
Spc Intermex Representative Llc 10 percent owner, other: Member of 10% Owner Group 444 MADISON AVENUE, 25TH FLOOR, NEW YORK NY 10022
Spc Intermex Gp, Llc 10 percent owner, other: Member of 10% Owner Group 444 MADISON AVENUE, 25TH FLOOR, NEW YORK NY 10022
Stella Point Capital Llc 10 percent owner, other: Member of 10% Owner Group 444 MADISON AVENUE, 25TH FLOOR, NEW YORK NY 10022
Robert Lisy director, officer: CEO, President & Chairman, other: part of a 10% ownership group INTERNATIONAL MONEY EXPRESS, INC., 9480 S. DIXIE HIGHWAY, MIAMI FL 33156
Adam P Godfrey director, 10 percent owner, other: Member of 10% Owner Group ATTN.: PAUL KARDISH, 3101 PACKERLAND DRIVE, GREEN BAY WI 54313
John Rincon director INTERNATIONAL MONEY EXPRESS, INC., 9480 S. DIXIE HIGHWAY, MIAMI FL 33156
Justin B Wender director, 10 percent owner, other: Member of 10 % Onwer Group 150 EAST 58TH STREET, NEW YORK NY 10155
Spc Intermex, Lp 10 percent owner, other: Member of 10% Owner Group 444 MADISON AVENUE, SUITE 302, NEW YORK NY 10022
Amanda J Abrams other: Member 13d group owns over 10% 1000 CONTINENTAL DRIVE, SUITE 300, KING OF PRUSSIA PA 19406
Jose Perez-villarreal officer: CAO & Chief Compliance Officer INTERNATIONAL MONEY EXPRESS, INC., 9480 S. DIXIE HIGHWAY, MIAMI FL 33156
Shami Patel other: Member 13d group owns over 10% C/O ALESCO FINANCIAL INC., 2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104
Jeremy L Kuiper other: Member 13d group owns over 10% C/O THE BANCORP, INC., 409 SILVERSIDE ROAD, WILMINGTON DE 19809
Christopher B Lofgren director 520 MADISON AVENUE, NEW YORK NY 10022