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Laureate Education (Laureate Education) Earnings Yield (Joel Greenblatt) % : 10.38% (As of Dec. 2023)


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What is Laureate Education Earnings Yield (Joel Greenblatt) %?

Laureate Education's Enterprise Value for the quarter that ended in Dec. 2023 was $2,653 Mil. Laureate Education's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $275 Mil. Laureate Education's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 10.38%.

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

LAUR' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -20.94   Med: 5.86   Max: 14.89
Current: 10.19

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Laureate Education was 14.89%. The lowest was -20.94%. And the median was 5.86%.

LAUR's Earnings Yield (Joel Greenblatt) % is ranked better than
70.94% of 265 companies
in the Education industry
Industry Median: 5.35 vs LAUR: 10.19

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) %. Laureate Education's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 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.


Laureate Education Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Laureate Education'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.

Laureate Education Earnings Yield (Joel Greenblatt) % Chart

Laureate Education Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 -9.33 -3.72 12.66 10.38

Laureate Education Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 12.66 10.19 10.54 9.71 10.38

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

For the Education & Training Services subindustry, Laureate Education'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.


Laureate Education's Earnings Yield (Joel Greenblatt) % Distribution in the Education Industry

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

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



Laureate Education 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.

Laureate Educations Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=275.447/2652.88406
=10.38 %

Laureate Education's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $275 Mil.



Laureate Education  (NAS:LAUR) 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.


Laureate Education Earnings Yield (Joel Greenblatt) % Related Terms

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


Laureate Education (Laureate Education) Business Description

Traded in Other Exchanges
Address
PMB 1158, 1000 Brickell Avenue, Suite 715, Miami, FL, USA, 33131
Laureate Education Inc is an international community of universities. The company provides higher education programs and services to students through an international network of licensed universities and higher education institutions. Its geographical segments include Peru and Mexico.
Executives
Ian Kendell Snow director, 10 percent owner 667 MADISON AVENUE, NEW YORK NY 10021
Wengen Alberta, Lp 10 percent owner C/O LAUREATE EDUCATION, INC., 650 SOUTH EXETER STREET, BALTIMORE MD 21202
Sinkfield Richard Harvey Iii officer: Chief Legal Officer LAUREATE EDUCATION, INC., 650 SOUTH EXETER STREET, BALTIMORE MD 21202
Gerard M. Knauer officer: VP, Acctg, Global Controller LAUREATE EDUCATION, INC., 650 SOUTH EXETER STREET, BALTIMORE MD 21202
Macedo Aristides De director C/O LAUREATE EDUCATION, INC., PMB 1158, 1000 BRICKELL AVE., SUITE 715, MIAMI FL 33131
Marcelo Cardoso officer: Chief Transformation Officer LAUREATE EDUCATION, INC., 650 SOUTH EXETER STREET, BALTIMORE MD 21202
Kkr Group Partnership L.p. 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 30 HUDSON YARDS, NEW YORK NY 10001
Kkr 2006 Fund (overseas), Limited Partnership 10 percent owner 9 WEST 57TH STREET - SUITE 4200, NEW YORK NY 10019
Kkr Group Co. Inc. 10 percent owner 30 HUDSON YARDS, NEW YORK NY 10001
George Munoz director C/O MARRIOTT INTERNATONAL INC, 10400 FERNWOOD ROAD, BETHESDA MD 20817
Cohen Steven A/sac Capital Mgmt Lp 10 percent owner, other: Director-by-Deputization C/O SAC CAPITAL ADVISORS LLC, 72 CUMMINGS POINT ROAD, STAMFORD CT 06902
Barbara Mair director LAUREATE EDUCATION, INC., 78 S.W. 7TH STREET, SUITE 900, MIAMI FL 33130
Snow Phipps Group, Llc director, 10 percent owner 545 MADISON AVE., 10TH FLOOR, NEW YORK NY 10022
Eilif Serck-hanssen officer: Executive Vice President, CFO 7823 CHELSEA STREET, RUXTON MD 21204
Michael J Durham director 3416 CARUTH BOULEVARD, DALLAS TX 75225