GURUFOCUS.COM » STOCK LIST » USA » NAS » TripAdvisor Inc (NAS:TRIP) » Definitions » Earnings Yield (Joel Greenblatt) %
Switch to:

TripAdvisor (NAS:TRIP) Earnings Yield (Joel Greenblatt) %

: 4.89% (As of Mar. 2023)
View and export this data going back to 2011. Start your Free Trial

TripAdvisor's Enterprise Value for the quarter that ended in Mar. 2023 was $2,615 Mil. TripAdvisor's EBIT for the trailing twelve months (TTM) ended in Mar. 2023 was $128 Mil. TripAdvisor's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2023 was 4.89%.

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

TRIP' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -8.32   Med: 2.59   Max: 9.75
Current: 6.09

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of TripAdvisor was 9.75%. The lowest was -8.32%. And the median was 2.59%.

TRIP's Earnings Yield (Joel Greenblatt) % is ranked better than
68.55% of 830 companies
in the Travel & Leisure industry
Industry Median: 2.86 vs TRIP: 6.09

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


TripAdvisor Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for TripAdvisor'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.

TripAdvisor Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Earnings Yield (Joel Greenblatt) %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.70 5.00 -8.16 -3.49 4.55

TripAdvisor Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 -1.95 0.92 2.69 4.55 4.89

Competitive Comparison

For the Travel Services subindustry, TripAdvisor'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.

   

TripAdvisor Earnings Yield (Joel Greenblatt) % Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, TripAdvisor's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where TripAdvisor's Earnings Yield (Joel Greenblatt) % falls in comparison to its industry or sector. The grey bar indicates the Earnings Yield (Joel Greenblatt) %'s extreme value range as defined by GuruFocus.



TripAdvisor 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.

TripAdvisors Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2022 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=111/2440.42906
=4.55 %

TripAdvisor's EBIT for the trailing twelve months (TTM) ended in Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $128 Mil.



TripAdvisor  (NAS:TRIP) 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.


TripAdvisor Earnings Yield (Joel Greenblatt) % Related Terms

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


TripAdvisor (NAS:TRIP) Business Description

TripAdvisor logo
Industry
Address
400 1st Avenue, Needham, MA, USA, 02494
TripAdvisor is the world's leading travel metasearch company. The website offers 1 billion reviews and information on about 8 million accommodations, restaurants, experiences, airlines, and cruises. In 2021, 74% of revenue came from the company's core segment, which includes hotel revenue generated through advertising on its metasearch platform. Viator, its experiences brand, was 20% of sales in 2021, and TheFork, its dining brand, represented 9% of revenue (about 3% of sales were intersegment, which are eliminated from consolidated revenue).
Executives
Michael Noonan officer: CFO & SVP C/O TRIPADVISOR, INC., 400 1ST AVENUE, NEEDHAM MA 02494
Matt Goldberg director, officer: CEO and President 2 WISCONSIN CIRCLE, 7TH FLOOR, CHEVY CHASE MD 20815
Jay C Hoag director 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Jie Sun director BUILDING 16#, NO. 968 JIN ZHONG ROAD, SHANGHAI F4 200335
Kanika Soni officer: Chief Commercial Officer C/O TRIPADVISOR INC., 400 1ST AVENUE, NEEDHAM MA 02494
Lindsay Nelson officer: Chief Experience&Brand Officer C/O TRIPADVISOR INC., 400 FIRST AVENUE, NEEDHAM MA 02494
Certares Ltrip Llc director 350 MADISON AVENUE 8TH FLOOR, NEW YORK NY 10017
Pemrose Corp director 350 MADISON AVENUE 8TH FLOOR, NEW YORK NY 10017
Certares Holdings (blockable) Llc director 350 MADISON AVENUE 8TH FLOOR, NEW YORK NY 10017
Certares Holdings Llc director 350 MADISON AVENUE 8TH FLOOR, NEW YORK NY 10017
Certares Holdings (optional) Llc director 350 MADISON AVENUE 8TH FLOOR, NEW YORK NY 10017
Certares Management Llc director 350 MADISON AVENUE 8TH FLOOR, NEW YORK NY 10017
Clementine Investments Llc director 350 MADISON AVENUE 8TH FLOOR, NEW YORK NY 10017
Farmer Colin Michael director C/O CERTARES MANAGEMENT LLC, 350 MADISON AVENUE, 8TH FLOOR, NEW YORK NY 10017
Michael Gregory Ohara director C/O CERTARES MANAGEMENT LLC, 350 MADISON AVENUE, 8TH FLOOR, NEW YORK NY 10017

TripAdvisor (NAS:TRIP) Headlines

Other Sources

Why Tripadvisor Stock Plunged Today

By Yahoo Finance 2022-11-08