Haymaker Acquisition 4 (Haymaker Acquisition 4) Earnings Yield % : % (As of Jun. 04, 2024)

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What is Haymaker Acquisition 4 Earnings Yield %?

The earnings yield is an indication of how much return shareholders' investment in the company earned over the past 12 months. The higher the earnings yield is, the better.

As of today (2024-06-04), the stock price of Haymaker Acquisition 4 is $10.535. Haymaker Acquisition 4 does not have enough years/quarters to calculate its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023. Therefore, GuruFocus does not calculate Haymaker Acquisition 4's earnings yield at this moment.

The earnings yield does not consider the growth of the business. A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Haymaker Acquisition 4's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 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.

Haymaker Acquisition 4 Earnings Yield % Calculation

Earnings yield is the reciprocal of the P/E Ratio.

Haymaker Acquisition 4's Earnings Yield for today is calculated as

Earnings Yield	=	Earnings per Share (Diluted) (TTM)	/	Share Price
	=		/	10.535
	=	%

It can also be calculated from the numbers for the whole company:

Earnings Yield

Net Income

Market Cap

The earnings in the calculation is the Trailing Twelve Months earnings.

Haymaker Acquisition 4 (NYSE:HYAC) Earnings Yield % Explanation

If the P/E ratio is an indication of how many years it takes for the company to earn back the stock price shareholders pay to buy the shares, the earnings yield is an indication of how much return shareholders' investment in the company earned over the past 12 months. The higher the earnings yield is, the better.

If a company loses money, the earnings yield is negative. This gives a more straightforward indication that the company is losing money. This is an advantage of using earnings yield instead of the P/E ratio in valuation. For valuation purposes, the P/B Ratio and the P/S Ratio should be used for companies that are losing money.

Like the P/E ratio, the earnings yield can be used to compare investments in different industries. It can even be used to compare the attractiveness of different asset classes such as bonds and cash. Of course, the earnings yield should not be the only factor in deciding which asset classes to invest.

Also similar to the P/E ratio, the earnings yield does not consider the growth of the business. A growing company with the same earnings yield should be more attractive than a company that has the same earnings yield but does not grow.

A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %.

Be Aware

Just like the P/E Ratio, non-recurring items such as selling part of the business, selling a previous investment, etc., can affect earnings yield dramatically. The earning yield is also a poor indication for cyclical companies. When a cyclical stock has a high earnings yield it is usually at the peak of its cycle.

Haymaker Acquisition 4 Earnings Yield % Related Terms

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Haymaker Acquisition 4 (Haymaker Acquisition 4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Haymaker Acquisition Corp 4 (NYSE:HYAC) » Definitions » Earnings Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

501 Madison Avenue, Floor 5, New York, NY, USA, 10022

Website

https://www.haymakeracquisition.com

Haymaker Acquisition Corp 4 is a blank check company.

Executives

Andrew R Heyer	director, 10 percent owner, officer: CEO and Executive Chairman	501 MADISON AVENUE, FLOOR 5, NEW YORK NY 10019
Steven J Heyer	director, 10 percent owner, officer: President and Director	1111 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Roger Meltzer	director	80 PINE STREET, C/O CAHILL GORDON& REINDELL LLP, NEW YORK NY 10005
Walter Field Mclallen	director	1225 17TH AVE SOUTH, NASHVILLE TN 37212
Christopher Bradley	officer: Chief Financial Officer	650 5TH AVENUE, FLOOR 10, NEW YORK NY 10019
Haymaker Sponsor Iv Llc	10 percent owner	501 MADISON AVENUE, FLOOR 5, NEW YORK NY 10022
Brian Shimko	director	501 MADISON AVENUE, FLOOR 5, NEW YORK NY 10022

Haymaker Acquisition 4 (Haymaker Acquisition 4) Headlines

From GuruFocus

Haymaker Acquisition Corp. 4 Announces Closing of $230,000,000 Initial Public Offering, including Underwriters' Over-Allotment Option of $30,000,000

By PRNewswire • 07-28-2023