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WillScot Mobile Mini Holdings Earnings Yield (Joel Greenblatt) %

: 4.32% (As of Jun. 2022)
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WillScot Mobile Mini Holdings's Enterprise Value for the quarter that ended in Jun. 2022 was $10,269 Mil. WillScot Mobile Mini Holdings's EBIT for the trailing twelve months (TTM) ended in Jun. 2022 was $444 Mil. WillScot Mobile Mini Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2022 was 4.32%.

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

WSC' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2.87   Med: 1.48   Max: 4.29
Current: 3.55

During the past 7 years, the highest Earnings Yield (Joel Greenblatt) of WillScot Mobile Mini Holdings was 4.29%. The lowest was -2.87%. And the median was 1.48%.

WSC's Earnings Yield (Joel Greenblatt) % is ranked worse than
58.48% of 1067 companies
in the Business Services industry
Industry Median: 4.94 vs WSC: 3.55

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) %. WillScot Mobile Mini Holdings's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2022 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.


WillScot Mobile Mini Holdings Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for WillScot Mobile Mini Holdings'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.

WillScot Mobile Mini Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Earnings Yield (Joel Greenblatt) %
Premium Member Only Premium Member Only -2.65 1.09 -0.02 1.80 2.71

WillScot Mobile Mini Holdings Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Earnings Yield (Joel Greenblatt) % 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 Premium Member Only Premium Member Only Premium Member Only 1.35 2.61 2.71 3.23 4.32

Competitive Comparison

For the Rental & Leasing Services subindustry, WillScot Mobile Mini Holdings'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.

   

WillScot Mobile Mini Holdings Earnings Yield (Joel Greenblatt) % Distribution

For the Business Services industry and Industrials sector, WillScot Mobile Mini Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where WillScot Mobile Mini Holdings's Earnings Yield (Joel Greenblatt) % falls into.



WillScot Mobile Mini Holdings 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.

WillScot Mobile Mini Holdingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2021 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=327.677/12092.7116
=2.71 %

WillScot Mobile Mini Holdings's EBIT for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $444 Mil.



WillScot Mobile Mini Holdings  (NAS:WSC) 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.


WillScot Mobile Mini Holdings Earnings Yield (Joel Greenblatt) % Related Terms

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


WillScot Mobile Mini Holdings Business Description

WillScot Mobile Mini Holdings logo
Traded in Other Exchanges
Address
4646 E Van Buren Street, Suite 400, Phoenix, AZ, USA, 85008
WillScot Mobile Mini Holdings Corp is a North American company providing modular space and portable storage solutions. The company leases turnkey office space and storage solutions for temporary applications across a diverse customer base in the commercial and industrial, construction, retail, education, health care, government, transportation, security, and energy sectors. Its operating segment includes North America Modular; North America Storage; United Kingdom Storage and Tank and Pump. The company generates maximum revenue from the NA Modular segment. Geographically, it derives a majority of revenue from the United States.
Executives
Davis Erika T director
Upchurch Michael W director KANSAS CITY SOUTHERN PO BOX 219335 KANSAS CITY MO 64121
Goble Jeffrey S director 10617 NORTH HAYDEN ROAD SUITE 100 SCOTTSDALE AZ 85260
Williams Kelly M officer: President and COO 7420 S. KYRENE ROAD, SUITE 101 TEMPE AZ 85283
Miner Christopher J officer: SVP, GC & Secretary 7420 SOUTH KYRENE ROAD SUITE 101 TEMPE AZ 85253
Olsson Erik director C/O RSC HOLDINGS INC. 6929 E. GREENWAY PARKWAY SCOTTSDALE AZ 85254
Mcwaters Kimberly J director 20410 NORTH 19TH AVENUE PHOENIX AZ 85027
Dial Sara R. director 3300 W. CAMELBACK ROAD SCOTTSDALE AZ 85017
Lopez Hezron T. officer: V.P.,Gen Counsel, Corp. Sec. 855 EAST MAIN AVE ZEELAND MI 49464
Owen Rebecca L director 1750 H STREET, SUITE 500 COLUMBIA EQUITY TRUST, INC. WASHINGTON DC 20006
Robertson Stephen director, 10 percent owner 20 BENTINCK STREET LONDON X0 W1U 2EU
Tdr Capital Ii Holdings L.p. 10 percent owner 20 BENTINCK STREET LONDON X0 W1U 2EU
Sapphire Holding S.a R.l. 10 percent owner C/O TDR CAPITAL LLP 20 BENTINCK STREET LONDON X0 W1U 2EU
Lindsay Gary director TDR CAPITAL 20 BENTINCK STREET LONDON X0 W1U 2EU
Tdr Capital Llp 10 percent owner 20 BENTINCK STREET LONDON X0 W1U 2EU

WillScot Mobile Mini Holdings Headlines

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