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Braze (BRZE) Earnings Yield (Joel Greenblatt) %

: -2.88% (As of Jan. 2024)
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Braze's Enterprise Value for the quarter that ended in Jan. 2024 was $5,031.0 Mil. Braze's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was $-144.7 Mil. Braze's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jan. 2024 was -2.88%.

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

BRZE' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -8.8   Med: -3.68   Max: -0.56
Current: -4.02

During the past 5 years, the highest Earnings Yield (Joel Greenblatt) of Braze was -0.56%. The lowest was -8.80%. And the median was -3.68%.

BRZE's Earnings Yield (Joel Greenblatt) % is ranked worse than
69.55% of 2844 companies
in the Software industry
Industry Median: 1.2 vs BRZE: -4.02

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) %. Braze's Forward Rate of Return (Yacktman) % for the quarter that ended in Jan. 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.


Braze Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Braze'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.

Braze Annual Data
Trend Jan20 Jan21 Jan22 Jan23 Jan24
Earnings Yield (Joel Greenblatt) %
- - -1.89 -5.60 -2.88

Braze Quarterly Data
Jan20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Earnings Yield (Joel Greenblatt) % 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 Premium Member Only -5.60 -6.27 -3.72 -3.87 -2.88

Competitive Comparison

For the Software - Application subindustry, Braze'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.


Braze Earnings Yield (Joel Greenblatt) % Distribution

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

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



Braze 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.

Brazes Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jan. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-144.692/5031.0285
=-2.88 %

Braze's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-144.7 Mil.



Braze  (NAS:BRZE) 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.


Braze Earnings Yield (Joel Greenblatt) % Related Terms

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Braze (BRZE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Braze Inc (NAS:BRZE) » Definitions » Earnings Yield (Joel Greenblatt) %
Traded in Other Exchanges
Address
330 West 34th Street, Floor 18, New York, NY, USA, 10001
Braze Inc is a customer engagement platform that powers customer-centric interactions between consumers and brands. The company provides solutions for Retail & E-commerce, Media & Entertainment, Financial Services, and Travel & Hospitality related industries.
Executives
Phillip M Fernandez director C/O MARKETO, INC., 901 MARINER'S ISLAND BLVD., SUITE 500, SAN MATEO CA 94404
Pankaj Malik officer: Chief Accounting Officer C/O BRAZE, INC., 330 WEST 34TH STREET, FLOOR 18, NEW YORK NY 10001
Myles Kleeger officer: Pres & Chief Customer Officer C/O BRAZE, INC., 330 WEST 34TH STREET, FLOOR 18, NEW YORK NY 10001
Jonathan Hyman officer: Chief Technology Officer C/O BRAZE, INC., 330 WEST 34TH STREET, FLOOR 18, NEW YORK NY 10001
Chelsea R. Stoner 10 percent owner C/O AVALARA, INC., 255 SOUTH KING ST., SUITE 1800, SEATTLE WA 98104
Susan Wiseman officer: General Counsel C/O BRAZE, INC., 330 WEST 34TH STREET, FLOOR 18, NEW YORK NY 10001
Russell L Fleischer 10 percent owner 2180 RUTHERFORD ROAD, CARLSBAD CA 92008
Battery Partners Xi Side Fund, Llc 10 percent owner ONE MARINA PARK DRIVE, SUITE 1100, BOSTON MA 02210
Michael Maurice Brown 10 percent owner ONE MARINA PARK DRIVE, SUITE 1100, BOSTON MA 02210
Isabelle Winkles officer: Chief Financial Officer C/O BRAZE, INC., 330 WEST 34TH STREET, FLOOR 18, NEW YORK NY 10001
William Magnuson director, officer: Chief Executive Officer C/O BRAZE, INC., 330 WEST 34TH STREET, FLOOR 18, NEW YORK NY 10001
Scott R Tobin 10 percent owner ONE MARINA PARK DRIVE, SUITE 1100, BOSTON MA 02210
Dharmesh Thakker 10 percent owner ONE MARINA PARK DRIVE, SUITE 1100, BOSTON MA 02210
Jesse Feldman 10 percent owner ONE MARINA PARK DRIVE, SUITE 1100, BOSTON MA 02210
Fernando Machado director 5707 BLUE LAGOON DRIVE, MIAMI FL 33126