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Seacor Marine Holdings (Seacor Marine Holdings) Earnings Yield (Joel Greenblatt) % : 5.61% (As of Dec. 2023)


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What is Seacor Marine Holdings Earnings Yield (Joel Greenblatt) %?

Seacor Marine Holdings's Enterprise Value for the quarter that ended in Dec. 2023 was $596.2 Mil. Seacor Marine Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $33.4 Mil. Seacor Marine Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 5.61%.

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

SMHI' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -45.17   Med: -9.55   Max: 8.24
Current: 5.52

During the past 9 years, the highest Earnings Yield (Joel Greenblatt) of Seacor Marine Holdings was 8.24%. The lowest was -45.17%. And the median was -9.55%.

SMHI's Earnings Yield (Joel Greenblatt) % is ranked worse than
59.54% of 1001 companies
in the Transportation industry
Industry Median: 6.93 vs SMHI: 5.52

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) %. Seacor Marine Holdings'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.


Seacor Marine Holdings Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Seacor Marine 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.

Seacor Marine Holdings Earnings Yield (Joel Greenblatt) % Chart

Seacor Marine Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only -8.68 -13.07 8.22 -7.46 5.61

Seacor Marine Holdings 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 -7.46 -4.88 -1.23 1.46 5.61

Competitive Comparison of Seacor Marine Holdings's Earnings Yield (Joel Greenblatt) %

For the Marine Shipping subindustry, Seacor Marine 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.


Seacor Marine Holdings's Earnings Yield (Joel Greenblatt) % Distribution in the Transportation Industry

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

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



Seacor Marine 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.

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

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=33.433/596.192632
=5.61 %

Seacor Marine Holdings'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 $33.4 Mil.



Seacor Marine Holdings  (NYSE:SMHI) 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.


Seacor Marine Holdings Earnings Yield (Joel Greenblatt) % Related Terms

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


Seacor Marine Holdings (Seacor Marine Holdings) Business Description

Traded in Other Exchanges
Address
12121 Wickchester Lane, Suite 500, Houston, TX, USA, 77079
Seacor Marine Holdings Inc provides global marine and support transportation services to offshore energy facilities worldwide. The company operates and manages a diverse fleet of offshore support vessels that deliver cargo and personnel to offshore installations including wind farms; handle anchors and mooring equipment required to tether rigs to the seabed; tow rigs and assist in placing them on location and moving them between regions; provide construction, well work-over, maintenance and decommissioning support and carry and launch equipment used underwater in drilling and well installation, maintenance, inspection and repair. Its geographical segment includes the United States, primarily Gulf of Mexico; Africa and Europe, continuing operations; Middle East and Asia and Latin America.
Executives
Julie Persily director 399 PARK AVENUE, 39TH FLOOR, NEW YORK NY 10022
Robert Christopher Regan director 318 MT. HOLLY ROAD, KATONAH NY 10536
Jesus Llorca officer: EVP & CFO C/O SEACOR MARINE HOLDINGS INC., 12121 WICKCHESTER LANE, SUITE 500, HOUSTON TX 77079
Everett Andrew H Ii officer: Sr. VP, General Counsel & Secy C/O SEACOR MARINE HOLDINGS INC., 12121 WICKCHESTER LANE, SUITE 500, HOUSTON TX 77079
Gregory Scott Rossmiller officer: SVP & CAO 5643 WILLERS WAY, HOUSTON TX 77056
Charles Fabrikant director C/O SEACOR HOLDINGS INC., 2200 ELLER DRIVE, PO BOX 13038, FORT LAUDERDALE FL 33316
Robert D. Abendschein director SEACOR MARINE HOLDINGS INC., 7910 MAIN STREET, 2ND FLOOR, HOUMA LA 70360
John M Gellert director, officer: President and CEO C/O SEACOR HOLDINGS, 460 PARK AVENUE, NEW YORK NY 10022
Anthony Weller officer: SVP/Managing Dir-Int'l Div C/O SEACOR MARINE HOLDINGS, 7910 MAIN STREET, 2ND FLOOR, HOUMA LA 70360
Bejos Alfredo Miguel director C/O SEACOR MARINE HOLDINGS INC., 12121 WICKCHESTER LANE, SUITE 500, HOUSTON TX 77079
Andrew R Morse director 34 PLEASANT RIDGE RD, HARRISON NY 10528
Robert Clemons officer: EVP & COO C/O SEACOR MARINE HOLDINGS INC., 7910 MAIN STREET, 2ND FLOOR, HOUMA LA 70360
Matthew Cenac officer: Executive Vice President & CFO C/O SEACOR HOLDINGS INC., 2200 ELLER DRIVE, PO BOX 13038, FORT LAUDERDALE FL 33316
Clyde Camburn officer: Senior VP and CAO C/O SEACOR MARINE HOLDINGS INC., 7910 MAIN STREET, 2ND FLOOR, HOUMA LA 70360
Ferris Hussein director C/O SEACOR MARINE HOLDINGS INC., 7910 MAIN STREET, 2NS FLOOR, HOUMA LA 70360