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eXp World Holdings (eXp World Holdings) Earnings Yield (Joel Greenblatt) % : -0.52% (As of Mar. 2024)


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What is eXp World Holdings Earnings Yield (Joel Greenblatt) %?

eXp World Holdings's Enterprise Value for the quarter that ended in Mar. 2024 was $1,490 Mil. eXp World Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $-8 Mil. eXp World Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2024 was -0.52%.

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

EXPI' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -16.3   Med: -0.87   Max: 2.41
Current: -0.48

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of eXp World Holdings was 2.41%. The lowest was -16.30%. And the median was -0.87%.

EXPI's Earnings Yield (Joel Greenblatt) % is ranked worse than
75.78% of 1854 companies
in the Real Estate industry
Industry Median: 4.2 vs EXPI: -0.48

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) %. eXp World Holdings's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2024 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.


eXp World Holdings Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for eXp World 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.

eXp World Holdings Earnings Yield (Joel Greenblatt) % Chart

eXp World Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.24 0.71 0.70 0.34 -0.32

eXp World Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.05 0.01 0.09 -0.32 -0.52

Competitive Comparison of eXp World Holdings's Earnings Yield (Joel Greenblatt) %

For the Real Estate Services subindustry, eXp World 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.


eXp World Holdings's Earnings Yield (Joel Greenblatt) % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, eXp World Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



eXp World 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.

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

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-7.258/2274.77788
=-0.32 %

eXp World Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-8 Mil.



eXp World Holdings  (NAS:EXPI) 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.


eXp World Holdings Earnings Yield (Joel Greenblatt) % Related Terms

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eXp World Holdings (eXp World Holdings) Business Description

Industry
Traded in Other Exchanges
Address
2219 Rimland Drive, Suite 301, Bellingham, WA, USA, 98226
eXp World Holdings Inc is a cloud-based residential real estate company. The company owns and operates a cloud-based real estate brokerage and a technology platform business that develops and uses immersive technologies that help businesses increase their effectiveness and reduce costs from operating in traditional brick and mortar office spaces. Its business categories include Real Estate Brokerage, Technology Products and Services, Title, Escrow, Settlement Services, and Mortgage Brokerage Services. The company mainly operates in the United States and Canada, and it also has operations in the United Kingdom, Australia, South Africa, France, India, Portugal, and Mexico, among others.
Executives
Jason Gesing director, officer: President 291 MAIN STREET, WEST NEWBURY MA 01985
Fred Reichheld director 131 DARTMOUTH STREET, BOSTON MA 02116
Jose Enrique Valdes officer: President, eXp Global 2219 RIMLAND DR STE 301, BELLINGHAM WA 98226
Jeff Whiteside officer: CFO and CCO 2219 RIMLAND DRIVE, SUITE 301, BELLINGHAM WA 98226
James Bramble officer: General Counsel 3838 W PARKWAY BLVD, SALT LAKE CITY X1 84120
Jian Cheng officer: Controller 303 VICTORIA WAY, CHALFONT PA 18914
Randall D Miles director 1321 KING STREET, SUITE 1, BELLINGHAM WA 98226
Penny Sanford 10 percent owner 3488 SPRINGHILL PLACE, BELLINGHAM WA 98226
Glenn Darrel Sanford director, 10 percent owner, officer: Pres., Secretary, Treasurer 910 HARRIS AVENUE, #305, BELLINGHAM WA 98225
Chakarun Courtney Keating officer: Chief Marketing Officer 2219 RIMLAND DR STE 301, BELLINGHAM WA 98226
Peggie Pelosi director 3838 WEST PARKWAY BLVD., SALT LAKE CITY UT 84111
Eugene Frederick director 2219 RIMLAND DRIVE, SUITE 301, BELLINGHAM WA 98226
Leonardo Pareja officer: Chief Strategy Officer 2219 RIMLAND DR STE 301, BELLINGHAM WA 98226
Monica Weakley director 2219 RIMLAND DR STE 301, BELLINGHAM WA 98226
Felicia J. Gentry director 201 UNIVERSITY OAKS BLVD STE 540-121, ROUND ROCK TX 78665