GURUFOCUS.COM » STOCK LIST » Technology » Software » Porch Group Inc (NAS:PRCH) » Definitions » Earnings Yield (Joel Greenblatt) %

Porch Group (Porch Group) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Porch Group Earnings Yield (Joel Greenblatt) %?

Porch Group's Enterprise Value for the quarter that ended in Mar. 2024 was $542.3 Mil. Porch Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $-67.2 Mil. Porch Group's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2024 was 0.00%.

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

PRCH' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -123.11   Med: -15.97   Max: -1.89
Current: -16.95

During the past 5 years, the highest Earnings Yield (Joel Greenblatt) of Porch Group was -1.89%. The lowest was -123.11%. And the median was -15.97%.

PRCH's Earnings Yield (Joel Greenblatt) % is ranked worse than
85.5% of 2856 companies
in the Software industry
Industry Median: 1.18 vs PRCH: -16.95

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) %. Porch Group'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.


Porch Group Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Porch Group'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.

Porch Group Earnings Yield (Joel Greenblatt) % Chart

Porch Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
- -4.03 -6.86 -39.22 -23.04

Porch Group Quarterly Data
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 -48.54 -82.64 -101.01 -23.04 -

Competitive Comparison of Porch Group's Earnings Yield (Joel Greenblatt) %

For the Software - Application subindustry, Porch Group'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.


Porch Group's Earnings Yield (Joel Greenblatt) % Distribution in the Software Industry

For the Software industry and Technology sector, Porch Group's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Porch Group 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.

Porch Groups Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-101.483/440.68088
=-23.03 %

Porch Group'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 $-67.2 Mil.



Porch Group  (NAS:PRCH) 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.


Porch Group Earnings Yield (Joel Greenblatt) % Related Terms

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


Porch Group (Porch Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Porch Group Inc (NAS:PRCH) » Definitions » Earnings Yield (Joel Greenblatt) %
Traded in Other Exchanges
Address
411 1st Avenue South, Suite 501, Seattle, WA, USA, 98104
Porch Group Inc is a vertical software company reinventing the home services and insurance industries. It has two reportable segments: The vertical Software segment provides software and services to home services companies. The Vertical Software segment has three types of customers: home services companies, such as home inspectors, mortgage companies, and loan officers, consumers, such as homebuyers and homeowners, and service providers, such as moving companies, security companies, and title companies, and The insurance segment offers various property-related insurance policies through its risk-bearing carrier, independent agency, and risk-bearing home warranty companies.
Executives
Camilla Velasquez director C/O PORCH GROUP, INC., 411 1ST AVE S, STE. 501, SEATTLE WA 98104
Rachel Lam director C/O TREMOR VIDEO, INC., 53 WEST 23RD STREET, NEW YORK NY 10010
Matt Ehrlichman director, 10 percent owner, officer: CEO, Chairman and Founder 411 1ST AVENUE S., SUITE 501, SEATTLE WA 98104
Park West Asset Management Llc 10 percent owner 1 LETTERMAN DRIVE, SUITE C5-900, SAN FRANCISCO CA 94129
Sean Davis Kell director 411 1ST AVENUE S., SUITE 501, SEATTLE WA 98104
Matthew Neagle officer: Chief Operating Officer 411 1ST AVENUE S., SUITE 501, SEATTLE WA 98104
Shawn Tabak officer: Chief Financial Officer 23 BERENS DRIVE, KENTFIELD CA 94904
Amanda L Reierson director C/O PORCH GROUP, INC., 411 1ST AVE S, STE. 501, SEATTLE WA 98104
Martin L. Heimbigner officer: Chief Financial Officer 110 - 110TH AVE., NE, SUITE 300, BELLEVUE WA 98004
Asha Sharma director 2201 1ST AVENUE SOUTH, SUITE 300, SEATTLE WA 98134
Maurice Tulloch director 411 1ST AVENUE S., SUITE 501, SEATTLE WA 98104
Thomas D Hennessy director 3485 N. PINES WAY SUITE 110, WILSON WY 83014
Regi Vengalil director 411 1ST AVENUE SOUTH, SUITE 501, SEATTLE WA 98104
Javier Saade director 2201 1ST AVENUE SOUTH, SUITE 300, SEATTLE WA 98134
Alan R Pickerill director C/O PORCH GROUP, INC., 411 1ST AVE S, STE. 501, SEATTLE WA 98104