Virgin America (Virgin America) Earnings Yield (Joel Greenblatt) % : 9.55% (As of Sep. 2016)

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What is Virgin America Earnings Yield (Joel Greenblatt) %?

Virgin America's Enterprise Value for the quarter that ended in Sep. 2016 was $2,252 Mil. Virgin America's EBIT for the trailing twelve months (TTM) ended in Sep. 2016 was $215 Mil. Virgin America's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2016 was 9.55%.

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

VA's Earnings Yield (Joel Greenblatt) % is not ranked ^*
in the Transportation industry.
Industry Median: 6.81
* 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) %. Virgin America's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2016 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.

Virgin America Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Virgin America'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.

Virgin America Earnings Yield (Joel Greenblatt) % Chart

Virgin America Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Earnings Yield (Joel Greenblatt) %

6.03

12.55

Virgin America Quarterly Data
	Dec11	Dec12	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16
Earnings Yield (Joel Greenblatt) %	Get a 7-Day Free Trial										13.61	12.55	12.76	8.32	9.55

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

For the Airlines subindustry, Virgin America'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.

Virgin America's Earnings Yield (Joel Greenblatt) % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Virgin America's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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

Virgin America 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.

Virgin Americas Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2015 is calculated as

Earnings Yield (Joel Greenblatt)	=	EBIT	/	Enterprise Value
	=	177.239	/	1413.541718
	=	12.54 %

Virgin America's EBIT for the trailing twelve months (TTM) ended in Sep. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $215 Mil.

Virgin America (NAS:VA) 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

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.

Virgin America Earnings Yield (Joel Greenblatt) % Related Terms

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

Virgin America (Virgin America) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Virgin America Inc (NAS:VA) » Definitions » Earnings Yield (Joel Greenblatt) %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

https://www.virginamerica.com

Virgin America Inc was incorporated in the state of Delaware in 2004. The Company is low-cost airline based in California that provides scheduled air travel in the continental United States and Mexico. It operates from its focus cities of Los Angeles and San Francisco to other business and leisure destinations in North America. It provides a distinctive offering for its passengers, whom it calls guests, that is centered around its brand and its travel experience, while at the same time maintaining a low-cost structure through its point-to-point network and high utilization of its efficient, single fleet type. The principal competitors on domestic routes are Alaska Airlines, American Airlines, Delta Air Lines, JetBlue Airways, Southwest Airlines and United Airlines. Virgin America, the Virgin America logo and the Virgin signature are trademarks of the Company.

Executives

Stacy J Smith	director	2200 MISSION COLLEGE BLVD., RNB-4-151, SANTA CLARA CA 95054
Peter D Hunt	officer: Senior VP and CFO	1689 NONCONNAH BLVD, SUITE 111, MEMPHIS TN 38132
Paul Wachter	director	C/O TIME WARNER INC., ONE TIME WARNER CENTER, NEW YORK NY 10019
Cyrus Capital Partners, L.p.	director, 10 percent owner	65 EAST 55 STREET, 35TH FLOOR, NEW YORK NY 10022
Cyrus Capital Partners Gp, Llc	director, 10 percent owner	65 EAST 55TH STREET, 35TH FLOOR, NEW YORK NY 10022
Stephen C Freidheim	director, 10 percent owner	C/O CYRUS CAPITAL PARTNERS, L.P., 65 EAST 55TH STREET, 35TH FLOOR, NEW YORK NY 10022
Samuel K Skinner	director	233 NORTH MICHIGAN AVENUE, 22ND FLOOR, CHICAGO IL 60601
Donald J Carty	director	C/O DELL INC., ONE DELL WAY, ROUND ROCK TX 78682-2244
Jennifer L Vogel	director	C/O AAR CORP., 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
Virgin Group Holdings Ltd	director, 10 percent owner, other: See Remarks	LA MOTTE CHAMBERS, ST HELIER, JERSEY X0 JE1 1BJ
Corvina Holdings Ltd	director, 10 percent owner	LA MOTTE CHAMBERS, ST HELIER X0 JE1 1BJ
Cyrus Opportunities Master Fund Ii, Ltd.	director, 10 percent owner	C/O CYRUS CAPITAL PARTNERS, L.P., 65 EAST 55TH STREET, 35TH FLOOR, NEW YORK NY 10022
Crescent 1 Lp	director, 10 percent owner	C/O CYRUS CAPITAL PARTNERS, L.P., 65 EAST 55TH STREET, 35TH FLOOR, NEW YORK NY 10022
Cyrus Select Opportunities Master Fund, Ltd.	director, 10 percent owner	C/O CYRUS CAPITAL PARTNERS, L.P., 65 EAST 55TH STREET, 35TH FLOOR, NEW YORK NY 10022
Cyrus Capital Advisors, L.l.c.	director, 10 percent owner	399 PARK AVENUE, 39TH FLOOR, NEW YORK NY 10022