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Toast Earnings Yield (Joel Greenblatt) %

: -4.09% (As of Mar. 2022)
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Toast's Enterprise Value for the quarter that ended in Mar. 2022 was $9,977 Mil. Toast's EBIT for the trailing twelve months (TTM) ended in Mar. 2022 was $-408 Mil. Toast's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2022 was -4.09%.

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

TOST' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -7.37   Med: -4.97   Max: -2.52
Current: -5.56

During the past 3 years, the highest Earnings Yield (Joel Greenblatt) of Toast was -2.52%. The lowest was -7.37%. And the median was -4.97%.

TOST's Earnings Yield (Joel Greenblatt) % is ranked worse than
70.92% of 2727 companies
in the Software industry
Industry Median: 1.32 vs TOST: -5.56

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) %. Toast's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 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.


Toast Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Toast'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.

Toast Annual Data
Trend Dec19 Dec20 Dec21
Earnings Yield (Joel Greenblatt) %
- - -2.91

Toast Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Earnings Yield (Joel Greenblatt) % Premium Member Only Premium Member Only Premium Member Only - - -2.23 -2.91 -4.09

Competitive Comparison

For the Software - Infrastructure subindustry, Toast'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.

   

Toast Earnings Yield (Joel Greenblatt) % Distribution

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

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



Toast 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.

Toasts Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2021 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-478/16436.8707
=-2.91 %

Toast's EBIT for the trailing twelve months (TTM) ended in Mar. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-408 Mil.



Toast  (NYSE:TOST) 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.


Toast Earnings Yield (Joel Greenblatt) % Related Terms

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


Toast Business Description

Toast logo
Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Toast Inc (NYSE:TOST) » Definitions » Earnings Yield (Joel Greenblatt) %
Traded in Other Exchanges
Address
401 Park Drive, Suite 801, Boston, MA, USA, 02215
Toast is a U.S.-based restaurant technology company that provides point-of-sale, payment processing, and various software services to 57,000 restaurant locations across the United States. The firm generates sales from software subscription fees, as a percentage take rate from each financial transaction it processes, and from hardware installation and professional services. Unlike competitors, Toast intermediates every payment transaction on its platform, processing some $57 billion in gross platform volume in 2021. The firm's product offerings span point-of-sale systems, inventory and payroll management, delivery integration, e-commerce ordering, and loyalty programs.
Executives
Grimm Jonathan 10 percent owner, officer: Chief Technology Officer TOAST, INC. 401 PARK DRIVE, SUITE 801 BOSTON MA 02215
Hmi Capital Partners, L.p. 10 percent owner C/O HMI CAPITAL, LLC 555 CALIFORNIA STREET, SUITE 4900 SAN FRANCISCO CA 94104
Hmi Capital Management, L.p. 10 percent owner 555 CALIFORNIA STREET SUITE 4900 SAN FRANCISCO CA 94104
Koplow Hilarie A. director C/O NEW RELIC, INC. 188 SPEAR STREET, STE. 1200 SAN FRANCISCO CA 94105
Matlock James Michael officer: Principal Accounting Officer TOAST, INC. 401 PARK DRIVE, SUITE 801 BOSTON MA 02215
Fmr Llc 10 percent owner, other: See Remark 1 245 SUMMER STREET BOSTON MA 02210
Tcv X Member Fund, L.p. other: May be part of a 13(d) group 250 MIDDLEFIELD ROAD MENLO PARK CA 94025
Technology Investment Dining Group, Llc 10 percent owner 18 BANK STREET LEBANON NH 03766
Bell Paul D director C/O DELL INC. ONE DELL WAY ROUND ROCK TX 78682-2244
Bessemer Venture Partners Century Fund Institutional L.p. 10 percent owner 1865 PALMER AVENUE SUITE 104 LARCHMONT NY 10538
Bessemer Venture Partners Century Fund L.p. 10 percent owner 1865 PALMER AVENUE SUITE 104 LARCHMONT NY 10538
Papa Steve 10 percent owner C/O DESKTOP METAL, INC. 63 THIRD AVENUE BURLINGTON MA 01803
Bennett Richard Kent director 1865 PALMER AVENUE SUITE 104 LARCHMONT NY 10538
Comparato Christopher P director, officer: Chief Executive Officer TOAST, INC. 401 PARK DRIVE, SUITE 801 BOSTON MA 02215
Fredette Stephen director, officer: Co-President TOAST, INC. 401 PARK DRIVE, SUITE 801 BOSTON MA 02215

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