The Vita Coco Co (The Vita Coco Co) Earnings Yield (Joel Greenblatt) % : 4.36% (As of Dec. 2023)

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What is The Vita Coco Co Earnings Yield (Joel Greenblatt) %?

The Vita Coco Co's Enterprise Value for the quarter that ended in Dec. 2023 was $1,328.1 Mil. The Vita Coco Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $58.0 Mil. The Vita Coco Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 4.36%.

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

COCO' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.03 Med: 2.82 Max: 10.3
Current: 4.69

During the past 5 years, the highest Earnings Yield (Joel Greenblatt) of The Vita Coco Co was 10.30%. The lowest was 1.03%. And the median was 2.82%.

COCO's Earnings Yield (Joel Greenblatt) % is ranked worse than
54.95% of 111 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 4.92 vs COCO: 4.69

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 Vita Coco Co'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.

The Vita Coco Co Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for The Vita Coco Co'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 Vita Coco Co Earnings Yield (Joel Greenblatt) % Chart

The Vita Coco Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Earnings Yield (Joel Greenblatt) %

4.15

1.47

4.36

The Vita Coco Co Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Earnings Yield (Joel Greenblatt) %	Get a 7-Day Free Trial											1.47	1.56	2.54	3.42	4.36

Competitive Comparison of The Vita Coco Co's Earnings Yield (Joel Greenblatt) %

For the Beverages - Non-Alcoholic subindustry, The Vita Coco Co'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 Vita Coco Co's Earnings Yield (Joel Greenblatt) % Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, The Vita Coco Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where The Vita Coco Co's Earnings Yield (Joel Greenblatt) % falls into.

The Vita Coco Co 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 Vita Coco Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)	=	EBIT	/	Enterprise Value
	=	57.951	/	1328.145045
	=	4.36 %

The Vita Coco Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $58.0 Mil.

The Vita Coco Co (NAS:COCO) 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

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 Vita Coco Co Earnings Yield (Joel Greenblatt) % Related Terms

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

The Vita Coco Co (The Vita Coco Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » The Vita Coco Co Inc (NAS:COCO) » Definitions » Earnings Yield (Joel Greenblatt) %

Comparable Companies

Traded in Other Exchanges

85E:Germany 85E:Germany

Address

250 Park Avenue South, Seventh Floor, New York, NY, USA, 10003

Website

https://www.thevitacococompany.com

The Vita Coco Co Inc is a plant-based functional hydration platform. Its products include Vita Coco Coconut Water, Private Label including coconut water and oil, and Other including Runa and Ever & Ever product offerings, Vita Coco product extensions beyond coconut water, such as Vita Coco Sparkling, coconut milk products, and others. Geographical presence of the company is United States, Canada, Europe, Middle East, Africa, and the Asia Pacific regions.

Executives

Michael Kirban	director, officer: See Remarks	C/O THE VITA COCO COMPANY, INC., 250 PARK AVENUE SOUTH, SEVENTH FLOOR, NEW YORK NY 10003
Ira Liran	director, officer: See Remarks	C/O THE VITA COCO COMPANY, INC., 250 PARK AVENUE SOUTH, SEVENTH FLOOR, NEW YORK NY 10003
Rowena Ricalde	officer: Interim CFO	C/O THE VITA COCO COMPANY, INC., 250 PARK AVENUE SOUTH, SEVENTH FLOOR, NEW YORK NY 10003
Jonathan Burth	officer: Chief Operating Officer	C/O THE VITA COCO COMPANY, INC., 250 PARK AVENUE SOUTH, SEVENTH FLOOR, NEW YORK NY 10003
Jane Prior	officer: Chief Marketing Officer	C/O THE VITA COCO COMPANY, INC., 250 PARK AVENUE SOUTH, SEVENTH FLOOR, NEW YORK NY 10003
Es Charles Van	officer: Chief Sales Officer	C/O THE VITA COCO COMPANY, INC., 250 PARK AVENUE SOUTH, SEVENTH FLOOR, NEW YORK NY 10003
Beverages Sa Verlinvest	10 percent owner	PLACE EUGENE FLAGEY 18, BRUSSELS C9 B-1050
Eric Melloul	director, 10 percent owner	C/O THE VITA COCO COMPANY, INC., 250 PARK AVENUE SOUTH, SEVENTH FLOOR, NEW YORK NY 10003
Aishetu Fatima Dozie	director	2550 SAND HILL ROAD, SUITE 150, MENLO PARK CA 94025
Baker Corey	officer: Chief Financial Officer	C/O THE VITA COCO COMPANY, INC., 250 PARK AVENUE SOUTH, 7TH FLOOR, NEW YORK NY 10003
Kenneth Sadowsky	director	C/O THE VITA COCO COMPANY, INC., 250 PARK AVENUE SOUTH, SEVENTH FLOOR, NEW YORK NY 10003
Kevin Benmoussa	officer: Chief Financial Officer	C/O THE VITA COCO COMPANY, INC., 250 PARK AVENUE SOUTH, SEVENTH FLOOR, NEW YORK NY 10003
Martin F Roper	director, officer: See Remarks
Axelle Henry	director, 10 percent owner	C/O THE VITA COCO COMPANY, INC., 250 PARK AVENUE SOUTH, SEVENTH FLOOR, NEW YORK NY 10003
Rw Vc S.a.r.l.	10 percent owner	11 AVENUE DE LA PORTE-NEUVE, LUXEMBOURG N4 2227