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The Real Good Food Company (The Real Good Food Company) Earnings Yield (Joel Greenblatt) % : -35.59% (As of Sep. 2023)


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What is The Real Good Food Company Earnings Yield (Joel Greenblatt) %?

The Real Good Food Company's Enterprise Value for the quarter that ended in Sep. 2023 was $109.6 Mil. The Real Good Food Company's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $-39.0 Mil. The Real Good Food Company's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2023 was -35.59%.

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

RGF' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -164.02   Med: -47.68   Max: -14.09
Current: -25.71

During the past 4 years, the highest Earnings Yield (Joel Greenblatt) of The Real Good Food Company was -14.09%. The lowest was -164.02%. And the median was -47.68%.

RGF's Earnings Yield (Joel Greenblatt) % is ranked worse than
93.99% of 1947 companies
in the Consumer Packaged Goods industry
Industry Median: 4.84 vs RGF: -25.71

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) %. The Real Good Food Company's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 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.


The Real Good Food Company Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for The Real Good Food Company'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.

The Real Good Food Company Earnings Yield (Joel Greenblatt) % Chart

The Real Good Food Company Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Earnings Yield (Joel Greenblatt) %
- - -153.85 -37.17

The Real Good Food Company Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -73.53 -37.17 -39.22 -41.15 -35.59

Competitive Comparison of The Real Good Food Company's Earnings Yield (Joel Greenblatt) %

For the Packaged Foods subindustry, The Real Good Food Company'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.


The Real Good Food Company's Earnings Yield (Joel Greenblatt) % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Real Good Food Company's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where The Real Good Food Company's Earnings Yield (Joel Greenblatt) % falls into.



The Real Good Food Company 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.

The Real Good Food Companys Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2022 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-38.245/102.8106892
=-37.20 %

The Real Good Food Company's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-39.0 Mil.



The Real Good Food Company  (NAS:RGF) 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.


The Real Good Food Company Earnings Yield (Joel Greenblatt) % Related Terms

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The Real Good Food Company (The Real Good Food Company) Business Description

Traded in Other Exchanges
N/A
Address
3 Executive Campus, Suite 155, Cherry Hill, NJ, USA, 08002
The Real Good Food Company Inc is an innovative, high-growth, branded, health- and wellness-focused frozen food company. It develops, markets, and manufactures delicious and convenient comfort foods designed to be high in protein, low in sugar, and made from gluten- and grain-free ingredients that are intended to be sold in the health and wellness segment of the frozen food category. All of its revenue is derived from the United States.
Executives
Bryan T. Freeman director, 10 percent owner, officer: See Remarks 3 EXECUTIVE CAMPUS, SUITE 155, CHERRY HILL NJ 08002
David Kanen 10 percent owner 6429 NW 65TH WAY, PARKLAND FL 33067
Philotimo Focused Growth & Income Fund 10 percent owner, other: See Explanation of Responses 5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Kanen Wealth Management Llc 10 percent owner, other: See Explanation of Responses 5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Philotimo Fund, Lp 10 percent owner, other: See Explanation of Responses 5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Mark Joseph Nelson director LOCAL BOUNTI CORPORATION, 220 W MAIN STREET, HAMILTON MT 59840
Gerard Garfield Law director, officer: See Remarks 3 EXECUTIVE CAMPUS, SUITE 155, CHERRY HILL NJ 08002
De Cardenas Gilbert B. director 3 EXECUTIVE CAMPUS, SUITE 155, CHERRY HILL NJ 08002
Akshay Jagdale officer: Chief Financial Officer 3 EXECUTIVE CAMPUS, SUITE 155, CHERRY HILL NJ 08002
Strand Equity Partners Iii, Llc 10 percent owner 1888 CENTURY PARK EAST, SUITE 1440, LOS ANGELES CA 90067
Josh Schreider 10 percent owner 3 EXECUTIVE CAMPUS, SUITE 155, CHERRYL HILL NJ 08002
Awm Investment Company, Inc. 10 percent owner 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Andrew J Stiffelman 10 percent owner, officer: See Remarks 3 EXECUTIVE CAMPUS, SUITE 155, CHERRY HILL NJ 08002
Deanna T Brady director 1 HORMEL STREET, AUSTIN MN 55912
Seth Rodsky 10 percent owner 1888 CENTURY PARK EAST, SUITE 1440, LOS ANGELES CA 90067