Clearwater Analytics Holdings (Clearwater Analytics Holdings) Earnings Yield (Joel Greenblatt) % : -0.41% (As of Dec. 2023)

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What is Clearwater Analytics Holdings Earnings Yield (Joel Greenblatt) %?

Clearwater Analytics Holdings's Enterprise Value for the quarter that ended in Dec. 2023 was $4,048.7 Mil. Clearwater Analytics Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-16.7 Mil. Clearwater Analytics Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was -0.41%.

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

CWAN' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -0.71 Med: -0.08 Max: 1.05
Current: -0.51

During the past 5 years, the highest Earnings Yield (Joel Greenblatt) of Clearwater Analytics Holdings was 1.05%. The lowest was -0.71%. And the median was -0.08%.

CWAN's Earnings Yield (Joel Greenblatt) % is ranked worse than
60.09% of 2844 companies
in the Software industry
Industry Median: 1.185 vs CWAN: -0.51

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) %. Clearwater Analytics Holdings'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.

Clearwater Analytics Holdings Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Clearwater Analytics Holdings'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.

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Clearwater Analytics Holdings Earnings Yield (Joel Greenblatt) % Chart

Clearwater Analytics Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Earnings Yield (Joel Greenblatt) %

0.72

0.15

-0.41

Clearwater Analytics Holdings 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											0.15	-0.08	-0.35	-0.41	-0.41

Competitive Comparison of Clearwater Analytics Holdings's Earnings Yield (Joel Greenblatt) %

For the Software - Application subindustry, Clearwater Analytics Holdings'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.

Clearwater Analytics Holdings's Earnings Yield (Joel Greenblatt) % Distribution in the Software Industry

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

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

Clearwater Analytics Holdings 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.

Clearwater Analytics Holdingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)	=	EBIT	/	Enterprise Value
	=	-16.745	/	4048.6998
	=	-0.41 %

Clearwater Analytics Holdings'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 $-16.7 Mil.

Clearwater Analytics Holdings (NYSE:CWAN) 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.

Clearwater Analytics Holdings Earnings Yield (Joel Greenblatt) % Related Terms

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Clearwater Analytics Holdings (Clearwater Analytics Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Clearwater Analytics Holdings Inc (NYSE:CWAN) » Definitions » Earnings Yield (Joel Greenblatt) %

Comparable Companies

Traded in Other Exchanges

N/A

Address

777 W. Main Street, Suite 900, Boise, ID, USA, 83702

Website

https://www.clearwateranalytics.com

Clearwater Analytics Holdings Inc provides a SaaS solution for automated investment data aggregation, reconciliation, accounting and reporting services to insurers, investment managers, corporations, institutional investors and government entities. The majority of the revenue is earned in the United States.

Executives

Sandeep Sahai	director, officer: Chief Executive Officer	C/O CLEARWATER ANALYTICS HOLDINGS, INC., 777 W. MAIN STREET, SUITE 900, BOISE ID 83702
James S Cox	officer: Chief Financial Officer	600 TOWNSEND, SAN FRANCISCO CA 94103
Souvik Das	officer: Chief Technology Officer	C/O CLEARWATER ANALYTICS HOLDINGS, INC., 777 W. MAIN STREET, SUITE 900, BOISE ID 83702
Wcas Xii Carbon Analytics Acquisition, L.p.	10 percent owner	C/O WELSH, CARSON, ANDERSON & STOWE, 599 LEXINGTON AVENUE, 18TH FLOOR, NEW YORK NY 10022
Warburg Pincus Llc	director, 10 percent owner	450 LEXINGTON AVENUE, NEW YORK NY 10017
Galibier Purchaser, Llc	director, 10 percent owner	C/O PERMIRA ADVISERS LLC, 320 PARK AVENUE, 28TH FLOOR, NEW YORK NY 10022
Subi Sethi	officer: Chief Client Officer	C/O CLEARWATER ANALYTICS HOLDINGS, INC., 777 W. MAIN STREET, SUITE 900, BOISE ID 83702
Scott Stanley Erickson	officer: See Remarks	C/O CLEARWATER ANALYTICS HOLDINGS, INC., 777 W. MAIN STREET, SUITE 900, BOISE ID 83702
Durable Capital Partners Lp	10 percent owner	4747 BETHESDA AVENUE, SUITE #1002, BETHESDA MD 20814
James Douglas Price	officer: Chief Quality Officer	C/O CLEARWATER ANALYTICS HOLDINGS, INC., 777 W. MAIN STREET, SUITE 900, BOISE ID 83702
Gayatri Raman	officer: President, Europe and Asia	C/O CLEARWATER ANALYTICS HOLDINGS, INC., 777 W. MAIN STREET, SUITE 900, BOISE ID 83702
Joseph Morris Kochansky	officer: See Remarks	C/O CLEARWATER ANALYTICS HOLDINGS, INC., 777 W. MAIN STREET, SUITE 900, BOISE ID 83702
D Scott Mackesy	director	320 PARK AVENUE STE 2500, NEW YORK NY 10022
Cynthia Ann Blendu	officer: See Remarks	C/O CLEARWATER ANALYTICS HOLDINGS, INC., 777 W. MAIN STREET, SUITE 900, BOISE ID 83702
Alphonse Valbrune	officer: Chief Legal Officer	C/O CLEARWATER ANALYTICS HOLDINGS, INC., 777 W. MAIN STREET, SUITE 900, BOISE ID 83702