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Bridger Aerospace Group Holdings (Bridger Aerospace Group Holdings) Earnings Yield (Joel Greenblatt) % : -10.88% (As of Dec. 2023)


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What is Bridger Aerospace Group Holdings Earnings Yield (Joel Greenblatt) %?

Bridger Aerospace Group Holdings's Enterprise Value for the quarter that ended in Dec. 2023 was $500.06 Mil. Bridger Aerospace Group Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-54.44 Mil. Bridger Aerospace Group Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was -10.88%.

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

BAER' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -13.97   Med: -7.33   Max: -1.91
Current: -13.97

During the past 4 years, the highest Earnings Yield (Joel Greenblatt) of Bridger Aerospace Group Holdings was -1.91%. The lowest was -13.97%. And the median was -7.33%.

BAER's Earnings Yield (Joel Greenblatt) % is ranked worse than
91.16% of 1109 companies
in the Business Services industry
Industry Median: 5.48 vs BAER: -13.97

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) %. Bridger Aerospace Group 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.


Bridger Aerospace Group Holdings Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Bridger Aerospace Group 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.

Bridger Aerospace Group Holdings Earnings Yield (Joel Greenblatt) % Chart

Bridger Aerospace Group Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
- - - -10.88

Bridger Aerospace Group Holdings Quarterly Data
Dec20 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 - -7.02 -13.74 -6.87 -10.88

Competitive Comparison of Bridger Aerospace Group Holdings's Earnings Yield (Joel Greenblatt) %

For the Security & Protection Services subindustry, Bridger Aerospace Group 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.


Bridger Aerospace Group Holdings's Earnings Yield (Joel Greenblatt) % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Bridger Aerospace Group Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Bridger Aerospace Group 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.

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

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-54.442/500.059379
=-10.89 %

Bridger Aerospace Group 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 $-54.44 Mil.



Bridger Aerospace Group Holdings  (NAS:BAER) 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.


Bridger Aerospace Group Holdings Earnings Yield (Joel Greenblatt) % Related Terms

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Bridger Aerospace Group Holdings (Bridger Aerospace Group Holdings) Business Description

Traded in Other Exchanges
N/A
Address
90 Aviation Lane, Belgrade, MT, USA, 59714
Bridger Aerospace Group Holdings Inc operates as an aerial firefighting company. It provides aerial wildfire surveillance, relief and suppression, and aerial firefighting services using next-generation technology and environmentally friendly and sustainable firefighting methods. Bridger Aerospace provides aerial firefighting and wildfire management services to federal and state government agencies, including the United States Forest Service, across the nation.
Executives
Anne Hayes director 6436 31ST STREET NW, WASHINGTON DC 20015
Thomas Jermoluk 10 percent owner 386 PARK AVENUE SOUTH, FL 20, NEW YORK NY 10016
Ksh Capital Lp 10 percent owner 386 PARK AVENUE SOUTH, FL 20, NEW YORK NY 10016
Jcic Sponsor Llc 10 percent owner 386 PARK AVENUE SOUTH, FL 20, NEW YORK NY 10016
Debra Coleman director C/O FORTRESS CAPITAL ACQUISITION CORP., 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Blackstone Inc. 10 percent owner 345 PARK AVENUE, NEW YORK NY 10154
Jpmorgan Chase Funding Inc. 10 percent owner 383 MADISON AVENUE, NEW YORK NY 10179
Grannus Holdings Manager - Nq Llc 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Family Tactical Opportunities Investment Partnership Iii - Nq - Esc L.p. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Bto Grannus Holdings Iv - Nq Llc 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Howard Hugh Wyman Iii director 1209 ORANGE STREET, C/O ZERO ONE GROUP, WILMINGTON DE 19801
Dean Heller director 195 HUDSON AURORA ROAD, SMITH NV 89430
Todd J Hirsch director 345 PARK AVENUE, 27TH FLOOR, NEW YORK NY 10154
Timothy P Sheehy director, 10 percent owner, officer: CEO & Co-Founder 90 AVIATION LANE, BELGRADE MT 59714
James J Muchmore officer: Chief Legal Officer & EVP 90 AVIATION LANE, BELGRADE MT 59714