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Compass (Compass) Earnings Yield (Joel Greenblatt) % : -13.97% (As of Dec. 2023)


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What is Compass Earnings Yield (Joel Greenblatt) %?

Compass's Enterprise Value for the quarter that ended in Dec. 2023 was $2,193 Mil. Compass's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-306 Mil. Compass's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was -13.97%.

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

COMP' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -48.97   Med: -19.59   Max: -4.39
Current: -15.08

During the past 6 years, the highest Earnings Yield (Joel Greenblatt) of Compass was -4.39%. The lowest was -48.97%. And the median was -19.59%.

COMP's Earnings Yield (Joel Greenblatt) % is ranked worse than
92.72% of 1854 companies
in the Real Estate industry
Industry Median: 4.2 vs COMP: -15.08

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) %. Compass'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.


Compass Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Compass'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.

Compass Earnings Yield (Joel Greenblatt) % Chart

Compass Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial - - -13.37 -41.15 -13.97

Compass Quarterly Data
Dec18 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 -41.15 -28.17 -24.27 -21.79 -13.97

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

For the Real Estate Services subindustry, Compass'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.


Compass's Earnings Yield (Joel Greenblatt) % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Compass's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Compass 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.

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

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-306.4/2193.49768
=-13.97 %

Compass'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 $-306 Mil.



Compass  (NYSE:COMP) 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.


Compass Earnings Yield (Joel Greenblatt) % Related Terms

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


Compass (Compass) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Compass Inc (NYSE:COMP) » Definitions » Earnings Yield (Joel Greenblatt) %
Traded in Other Exchanges
Address
90 Fifth Avenue, 3rd Floor, New York, NY, USA, 10011
Compass Inc provides an end-to-end platform that empowers residential real estate agents to deliver exceptional service to clients. The platform includes an integrated suite of cloud-based software for customer relationship management, marketing, client service and other critical functionality, all custom-built for the real estate industry and enabling core brokerage services. Business operations are conducted in the United States and earn revenue domestically.
Executives
Svf Excaliber (cayman) Ltd 10 percent owner 27 HOSPITAL ROAD, WALKERS CORPORATE LTD., CAYMAN CORPORATE CENTRE, GEORGE TOWN, GRAND CAYMAN E9 KY-9008
Gregory M. Hart officer: Chief Product Officer C/O COMPASS, INC., 155 AVENUE OF THE AMERICAS, SIXTH FLOOR, NEW YORK NY 10013
Danielle J. Wilkie officer: President, Central Region C/O COMPASS, INC., 155 AVENUE OF THE AMERICAS, SIXTH FLOOR, NEW YORK NY 10013
Kalani Reelitz officer: Chief Financial Officer 90 50TH AVENUE, NEW YORK NY 10011
Joseph Sirosh officer: Chief Technology Officer C/O COMPASS, INC., 155 AVENUE OF THE AMERICAS, SIXTH FLOOR, NEW YORK NY 10013
Dawanna Williams director 865 MERRICK AVE, SUITE 200 S, WESTBURY NY 11590
Frank Martell director 10 GASTON FARMS ROAD, GREENWICH CT 06831
Allan Leinwand director C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
Josh N. Mccarter director C/O COMPASS, INC., 90 5TH AVENUE, 3RD FLOOR, NYC NY 10011
Robert S. Lehman officer: Chief Business Officer C/O COMPASS, INC., 155 AVENUE OF THE AMERICAS, SIXTH FLOOR, NEW YORK NY 10013
Priyanka Singh officer: Chief People Officer C/O COMPASS, INC., 90 5TH AVENUE, 3RD FLOOR, NEW YORK NY 10011
Robert L. Reffkin director, officer: Chairman and CEO C/O COMPASS, INC., 155 AVENUE OF THE AMERICAS, SIXTH FLOOR, NEW YORK NY 10013
Kristen M. Ankerbrandt officer: Chief Financial Officer C/O COMPASS, INC., 155 AVENUE OF THE AMERICAS, SIXTH FLOOR, NEW YORK NY 10013
Anand Mehta officer: Chief People Officer C/O COMPASS, INC., 90 5TH AVE, 3RD FLOOR, NEW YORK NY 10011
Kamini R. Lane officer: President, West Region C/O COMPASS, INC., 90 5TH AVE, 3RD FLOOR, NEW YORK NY 10011