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Archaea Energy (Archaea Energy) Earnings Yield (Joel Greenblatt) % : -0.03% (As of Sep. 2022)


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What is Archaea Energy Earnings Yield (Joel Greenblatt) %?

Archaea Energy's Enterprise Value for the quarter that ended in Sep. 2022 was $3,062.9 Mil. Archaea Energy's EBIT for the trailing twelve months (TTM) ended in Sep. 2022 was $-0.8 Mil. Archaea Energy's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2022 was -0.03%.

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

LFG' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2.98   Med: -1.06   Max: -0.02
Current: -0.03

During the past 4 years, the highest Earnings Yield (Joel Greenblatt) of Archaea Energy was -0.02%. The lowest was -2.98%. And the median was -1.06%.

LFG's Earnings Yield (Joel Greenblatt) % is not ranked
in the Utilities - Independent Power Producers industry.
Industry Median: 4.82 vs LFG: -0.03

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) %. Archaea Energy'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.


Archaea Energy Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Archaea Energy'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.

Archaea Energy Earnings Yield (Joel Greenblatt) % Chart

Archaea Energy Annual Data
Trend Dec18 Dec19 Dec20 Dec21
Earnings Yield (Joel Greenblatt) %
- - - -1.07

Archaea Energy Quarterly Data
Dec18 Dec19 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 Premium Member Only Premium Member Only -2.82 -1.07 -1.84 -0.44 -0.03

Competitive Comparison of Archaea Energy's Earnings Yield (Joel Greenblatt) %

For the Utilities - Renewable subindustry, Archaea Energy'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.


Archaea Energy's Earnings Yield (Joel Greenblatt) % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Archaea Energy's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Archaea Energy 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.

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

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-26.124/2448.648816
=-1.07 %

Archaea Energy'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 $-0.8 Mil.



Archaea Energy  (NYSE:LFG) 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.


Archaea Energy Earnings Yield (Joel Greenblatt) % Related Terms

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Archaea Energy (Archaea Energy) Business Description

Traded in Other Exchanges
N/A
Address
4444 Westheimer Road, Suite G450, Houston, TX, USA, 77027
Archaea Energy Inc is a renewable natural gas (RNG) producer in the U.S., with an RNG platform developing, constructing, and operating RNG facilities to capture waste emissions and convert them into low-carbon fuel.
Executives
Ares Management Llc director, 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
United States Power Fund Iii, L.p. director, 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Edward P. Taibi officer: GC, EVP Strat Init & Gov Aff 35 EAST 62ND STREET, NEW YORK NY 10065
Brian F Mccarthy officer: Chief Investment Officer C/O RICE ACQUISITION, 500 TECHNOLOGY DRIVE, 2ND FLOOR, CANONSBURG PA 15317
Aria Renewable Energy Systems Llc director, 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Management Corp director, 10 percent owner 2000 AVE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Archaea Energy Llc 10 percent owner 500 TECHNOLOGY DRIVE, SECOND FLOOR, CANONSBURG PA 15317
Shalennial Fund I, L.p. 10 percent owner 102 EAST MAIN STREET, SECOND STORY, CARNEGIE PA 15106
Richard Walton officer: President C/O RICE ACQUISITION, 500 TECHNOLOGY DRIVE, 2ND FLOOR, CANONSBURG PA 15317
Nicholas Stork director, officer: Chief Executive Officer C/O RICE ACQUISITION, 500 TECHNOLOGY DRIVE, 2ND FLOOR, CANONSBURG PA 15317
Lindsay Ellis officer: General Counsel and Secretary C/O RICE ACQUISITION, 500 TECHNOLOGY DRIVE, 2ND FLOOR, CANONSBURG PA 15317
Chad Bellah officer: Chief Accounting Officer C/O RICE ACQUISITION, 500 TECHNOLOGY DRIVE, 2ND FLOOR, CANONSBURG PA 15317
Eif Us Power Iv, Llc director, 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Eif Us Power Iii, Llc director, 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Scott Parkes director C/O ARES MANAGEMENT CORP., 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067