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Science Applications International (Science Applications International) Earnings Yield (Joel Greenblatt) %

: 8.42% (As of Jan. 2024)
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Science Applications International's Enterprise Value for the quarter that ended in Jan. 2024 was $8,790 Mil. Science Applications International's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was $740 Mil. Science Applications International's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jan. 2024 was 8.42%.

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

SAIC' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.55   Med: 6.28   Max: 9.94
Current: 8.59

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Science Applications International was 9.94%. The lowest was 3.55%. And the median was 6.28%.

SAIC's Earnings Yield (Joel Greenblatt) % is ranked better than
82.39% of 2845 companies
in the Software industry
Industry Median: 1.23 vs SAIC: 8.59

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) %. Science Applications International's Forward Rate of Return (Yacktman) % for the quarter that ended in Jan. 2024 was 26.13%. 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.


Science Applications International Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Science Applications International'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.

Science Applications International Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.37 4.84 6.42 6.14 8.42

Science Applications International Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 6.14 6.92 9.07 10.10 8.42

Competitive Comparison

For the Information Technology Services subindustry, Science Applications International'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.


Science Applications International Earnings Yield (Joel Greenblatt) % Distribution

For the Software industry and Technology sector, Science Applications International's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Science Applications International 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.

Science Applications Internationals Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jan. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=740/8790.32
=8.42 %

Science Applications International's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $740 Mil.



Science Applications International  (NAS:SAIC) 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.


Science Applications International Earnings Yield (Joel Greenblatt) % Related Terms

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Science Applications International (Science Applications International) Business Description

Traded in Other Exchanges
Address
12010 Sunset Hills Road, Reston, VA, USA, 20190
Science Applications International Corp provides technical, engineering and enterprise IT services primarily to the U.S. government. Specifically, the company offers engineering, systems integration and information technology for large government projects and a broad range of services with an emphasis on higher-end technology services. The company's end-to-end enterprise IT offerings span the entire spectrum of customers' IT infrastructure.
Executives
Michelle A. O'hara officer: EVP, CHRO 12010 SUNSET HILLS ROAD, RESTON VA 20190
Donna S Morea director 214 N TRYON STREET, CHARLOTTE NC 28202
Robert S. Genter officer: EVP, CGM, Civilian Markets 12010 SUNSET HILLS ROAD, RESTON VA 20190
Toni Townes-whitley director, officer: Chief Executive Officer 8340 SPRINGHAVEN GARDEN LANE, MCLEAN, VA X1 22102
Dana S Deasy director
Michael W. Larouche officer: EVP, CGM, National Security 12010 SUNSET HILLS ROAD, RESTON VA 20190
Katharina G. Mcfarland director 4803 STONECROFT BOULEVARD, CHANTILLY VA 20151
Nazzic S Keene officer: COO, Sector President 1710 SAIC DRIVE, MCLEAN VA 22102
James Reagan director C/O DELTEK, 13880 DULLES CORNER LANE, HERNDON VA 20171
Carolyn B Handlon director 1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309
Hilary Hageman officer: EVP General Counsel, Secretary 9333 BALBOA AVENUE, SAN DIEGO CA 92123
Timothy J Mayopoulos director C/O FANNIE MAE, 1100 15TH STREET, NW, WASHINGTON DC 20005
Steven G Mahon officer: EVP General Counsel, Secretary C/O MTS SYSTEMS CORPORATION, 14000 TECHNOLOGY DRIVE, EDEN PRAIRIE MN 55344
Prabu Natarajan officer: EVP, Chief Financial Officer 12010 SUNSET HILLS ROAD, RESTON VA 20190
Milford W Mcguirt director 3400 CUMBERLAND BOULEVARD, ATLANTA GA 30339