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Cohn Robbins Holdings (Cohn Robbins Holdings) Earnings Yield (Joel Greenblatt) % : -3.46% (As of Sep. 2022)


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What is Cohn Robbins Holdings Earnings Yield (Joel Greenblatt) %?

Cohn Robbins Holdings's Enterprise Value for the quarter that ended in Sep. 2022 was $280.91 Mil. Cohn Robbins Holdings's EBIT for the trailing twelve months (TTM) ended in Sep. 2022 was $-9.72 Mil. Cohn Robbins Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2022 was -3.46%.

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

CRRCF's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Diversified Financial Services industry.
Industry Median: -1.68
* Ranked among companies with meaningful Earnings Yield (Joel Greenblatt) % only.

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) %. Cohn Robbins Holdings's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 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.


Cohn Robbins Holdings Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Cohn Robbins 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.

Cohn Robbins Holdings Earnings Yield (Joel Greenblatt) % Chart

Cohn Robbins Holdings Annual Data
Trend Dec20 Dec21
Earnings Yield (Joel Greenblatt) %
- -0.59

Cohn Robbins Holdings Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.32 -0.59 -0.79 -0.86 -3.46

Competitive Comparison of Cohn Robbins Holdings's Earnings Yield (Joel Greenblatt) %

For the Shell Companies subindustry, Cohn Robbins 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.


Cohn Robbins Holdings's Earnings Yield (Joel Greenblatt) % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Cohn Robbins Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Cohn Robbins 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.

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

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-5.999/1018.047
=-0.59 %

Cohn Robbins Holdings's EBIT for the trailing twelve months (TTM) ended in Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-9.72 Mil.



Cohn Robbins Holdings  (OTCPK:CRRCF) 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.


Cohn Robbins Holdings Earnings Yield (Joel Greenblatt) % Related Terms

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


Cohn Robbins Holdings (Cohn Robbins Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1000 North West Street, Suite 1200, Wilmington, DE, USA, 19801
Cohn Robbins Holdings Corp is a blank check company.
Executives
Clifton S Robbins director, 10 percent owner 646 STEAMBOAT ROAD, GREENWICH CT 06830
Anne Sheehan director THREE LIMITED PARKWAY, COLUMBUS OH 43230
C Robert Kidder director 5400 LEGACY DR, H3 3E 35, PLANO TX 75024
Gary D Cohn director, 10 percent owner 812 PARK AVENUE, 7-8A, NEW YORK NY 10021
Kathryn A. Hall director ONE MARITIME PLAZA, SIXTH FLOOR, SAN FRANCISCO CA 94111
Alexander T. Roberton director, 10 percent owner C/O CSR ACQUISITION CORP., 1000 N. WEST STREET, SUITE 1200, WILMINGTON DE 19801
Cohn Robbins Sponsor Llc director, 10 percent owner C/O CSR ACQUISITION CORP., 1000 N. WEST STREET, SUITE 1200, WILMINGTON DE 19801
Charles S. Kwon officer: Chief Financial Officer C/O CSR ACQUISITION CORP., 1000 N. WEST STREET, SUITE 1200, WILMINGTON DE 19801

Cohn Robbins Holdings (Cohn Robbins Holdings) Headlines

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